Solana ($ Sol) wins institutional traction as the Japanese bank explores the Payments of Stablecoin


Solarium

It decreased 3.36% in the last 24 hours, withdrawing from $ 155.69 to $ 150.81, according to the technical analysis model of Coindesk Research, amid broader pressures on the market, even as institutional developments in Asia indicate the impulse for the blockchain,

One of Japan’s most progressive banks has launched a new initiative that could expand real world applications for Solana infrastructure.

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Minna Bank, a Native Digital Bank and a Fukuoka Financial Group subsidiary, announced a new research collaboration with Fireblocks, Solana and TIS to assess how Stablecoins and Web3 wallets can remodel consumer finances in Japan. The joint study will focus on use cases such as payments, chain bank infrastructure and user experiences adapted for the country’s mobile population.

The association occurs when Stablecoins exceeds $ 250 billion in market capitalization, which attracts the increase in the interests of banks that seek to modernize cross -border payments, deposits and liquidation processes. The CEO of Fireblocks, Michael Shaulov, emphasized that the project could unlock new efficiencies in how the value is transferred through the digital economy.

The Minna Bank customer base is mainly between the ages of 15 and 39, warned by traditional banks, which makes it a main candidate to test Stablecoin based solutions. The bank’s approach, which integrates financial services with daily expenditure patterns, reflects its broader banking strategy as a service.

Although the price of Solana continues to operate below its recent recent, initiatives such as this highlight as a platform for business and Fintech innovation. With the ETF of Rex-OSPREY SOLANA + STAKING recently launch and defi Development Corp. expanding its sun holdings, institutional confidence in the ecosystem appears without flinching due to short-term volatility.

TECHNICAL ANALYSIS:

  • Sol fell 3.36% of $ 155.69 to $ 150.46 during the 24 -hour period from July 3 to 10:00 a.m. to July 4 at 09: 00.P
  • The rice action ranged between $ 155.79 and $ 149.13, indicating an intra -diasty volatility of 4.28%.
  • The resistance arose at $ 153.77 during the time of July 4, 05:00 in high volume.
  • The support remained firm at $ 149.13 during the 08:00 hours, with a strong purchase activity.
  • A recovery phase began in the last 60 minutes, pushing in sun from $ 149.97 to $ 150.57, a gain of 0.40%.
  • Price formed a mini trend with higher minimums after breaking the resistance of $ 150.20 at 09:03.
  • The volume increased at 08:50 (24,245 units) and 09:15 (22,894 units)confirming the ascending impulse.
  • Sol stabilized above $ 150.63 with low resistance on the immediate road.

Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.



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