Solana has turned into a payment and settlement layer and its use cases have increased. Despite the leaked token launch, Solana has shown that its network still has utility and a source of recurring fees.
Solana has outperformed other networks and some fintech apps in the last year by acting as a payment layer for payments. meanwhile fintech While we’ve made progress over the past year, some payments still use outdated rails, causing downtime and delays.
The latest Messari research shows that Solana is turning into a new platform being adopted as a payment method and fintech alternative. As a cryptopolitan reportedone of the latest signs is the expansion of stablecoin payments in February.
Towards the end of 2025, Solana was also added to Revolut as a payment gateway, further exposing the network to mainstream users. Solana wallets like Phantom also focus on easy payments and value transfer.
Total payments with Solana increased by over 755%
Based on Messari’s methodology, total payments at Solana increased by 755.3% in 2025. Solana’s growth outpaced other fintech apps that saw similar volume growth.
Over the past year, Solana’s total payment value (TPV) growth significantly outpaced both leading fintechs and blockchain peers, increasing 755.3% year over year.
This is almost three times the median growth rate of 268.24%. pic.twitter.com/R8LY1SDHxZ
— Youssef (@0xYoussef_) March 5, 2026
The Solana network is responsible for 46% of stablecoin transfers between peers, including competing L1 and L2 chains and fintech apps. Over the past year, Solana has executed an estimated $2.61 billion in stablecoin payments.
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Solana competes with Polygon, Base, and Arbitrum for fast and cheap payments. Similar to Polygon, Solana aims to add payments as one of its primary use cases to compensate for the slowdown in other narratives and use cases.
In 2025, Solana was boosted by partnerships with VISA, Stripe, and Worldpay, and the chain was used to accept and settle stablecoin payments. visa $USDC The annual transaction volume of the pilot program exceeded $3.5 billion. Worldpay reduced processing times by 50% using Global Dollar Network ($USDG), Messerli explained. Solana is $USDG It will be supplied in addition to other stablecoins.
Solana becomes a place for branded stablecoins
Solana is one of the most active venues. $USDCbut we also saw an influx of brand equity. This chain is responsible for the majority of PYUSD supply and has increased payment speeds by 500% over the past year.
Solana has collected several stablecoins; $USDC remains the most active asset. |Source: Dune Analytics
Western Union also selected Solana to launch its native stablecoin. Fiserv also launched the coordinated FIUSD as a tool for interbank payments.
Gusto project aims to further speed up $USDC Enhance payments and make them compatible with small and medium-sized businesses in the United States.
Solana’s network charges have increased due to increased payments. Solana is currently the second largest fee producer after TRON, with weekly fees from trades exceeding $5 million. Increased network activity supported SOL, which recovered to $88.48 after its recent dip below $80.
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