Solayer Launches Visa-Compatible Payment Card for USDC Transactions
- Product Innovation: Solayer has launched a Visa-compatible payment card that allows users to conduct in-store, online, and contactless transactions using USDC balances through the Solayer Pay app, marking an expansion of its payment product and is expected to attract more users to spend digital assets in everyday transactions.
- User Acquisition Strategy: Existing users can request the card for free, while new users must pay a $20 annual activation fee, a strategy that not only lowers the entry barrier for users but also has the potential to drive user growth for Solayer Pay, enhancing its market competitiveness.
- Market Trend: The launch of this card reflects the movement of stablecoin payment products closer to mainstream card infrastructure, with the widespread use of USDC turning it into a spendable payment source for everyday transactions, further promoting the application of stablecoins within traditional payment networks.
- Infrastructure Integration: Solayer's payment card is not only a consumer-facing product but also integrates with its high-throughput layer-1 network, infiniSVM, aiming to enhance user transaction experiences and platform usage frequency by connecting payment activities with the blockchain environment.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0216 | 0.0261 | 0.0309 | 0.0354 | 0.0402 | 0.0447 | 0.0496 |
| Fibonacci | 0.0261 | 0.0296 | 0.0318 | 0.0354 | 0.039 | 0.0412 | 0.0447 |
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