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Flincap’s chief marketing officer (CMO), Oladotun Wilfred Akangbe, has emphasized that African crypto communities are getting closer to mainstream adoption. Ricards, a crypto industry observer,  also added that Solana partnerships would not only drive Africa’s crypto adoption but also enhance continent-wide accessibility and provide ‘scalable blockchain solutions’. Also read: Miner ‘capitulation’ in the Bitcoin network nears FTX implosion levels, CryptoQuant  Akangbe said Solana was building a robust ecosystem across Africa through educational workshops, meetups, and hackathons. He affirmed that Africa’s Solana communities’ effects were slowly being felt despite market volatility. Solana champions Web3 adoption in Africa 🌍 SOLANA BOOSTS AFRICAN CRYPTO ADOPTION 🌍 Solana partners with Flincap to drive crypto adoption in Africa, providing scalable blockchain solutions and enhancing accessibility for users across the continent.#Crypto #Solana #Africa #Blockchain #CryptoNews — Ricards (@Ricardswo) July 7, 2024 Akangbe disclosed that several activities initiated by Solana supported the effective onboarding of many Africans into its ecosystem. He claimed these initiatives promoted the practical adoption of blockchain technology.  The CMO mentioned the Nigerian Solana Allstars as one of the active decentralized groups promoting Solana’s adoption around the world. He noted that such efforts pushed the crypto communities to focus on the ‘real-world utility of Solana’s projects.’  “Solana is actively involved in driving cryptocurrency adoption in Africa, leveraging its robust blockchain technology.” –Satoshi Talks According to Satoshi Talks, the Solana ecosystem is suitable for the growing  African market due to its high transaction speeds and low transaction fees (~$0.00025 per transaction).  Solana attracts African crypto communities According to Akangbe, Nigeria was at the forefront of showcasing Solana’s thriving African community in different parts of the continent. He mentioned that the Foundation had implemented many Solana-focused initiatives in his native country, Nigeria, to onboard more Africans.  The CoinEx exchange also affirmed that the Solana ecosystem had…

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Filed under: News - @ July 7, 2024 11:04 pm