Solana Surges While Amazon, Microsoft And Starbucks All Accept Crypto Payments

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Last Updated on 31 August 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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While the global crypto market took a step back on Monday, there was one remarkable winner in the CoinMarketCap list of digital coins. On Tuesday morning, that outlook remained the same. Solana surged to a new all time high as the platform. that could one day rival Ethereum. attracts more and more attention from global investors.

According to crypto investment firm CoinShares, no other cryptocurrency posted larger investment inflows over the past week than Solana. Quite a feat.

Meanwhile, as fall beckons and people return to offices and kids return to school, it’s probably a good time to make an overview of where we stand in the world of crypto. With Bitcoin nearing $50,000 again and other currencies also seeing renewed optimism, it is probably a fair question to ask whether or not global adoption of cryptocurrencies is near or not.

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Starbucks, Tesla and Microsoft

Our colleagues over at Euronews (the media outlet of the European Commission) probably thought the same thing and thus made a lengthy overview of all companies that now accept crypto payments, whether direct or indirect.

The list is long and varied and contains companies that you probably didn’t know allowed crypto payments.

Starbucks, the global coffee behemoth (although some Europeans will argue whether that brew can really be called coffee) can take your crypto via the Bakkt app. The App’s creators claim that half a million people have in this manner already paid for their coffee and other goods with converted Bitcoin.

Tesla announced earlier this year via its CEO Elon Musk that it would allow Bitcoin as payment for its electrical car. At the time it gave a big boost to the price point of the world’s biggest crypto.

Crypto company Bitrefill allows you to buy Amazon vouchers which can be used to purchase goods on the e-commerce platform of founder Jeff Bezos.

Lastly, Microsoft now also accepts Bitcoin payments, which can be used to pay for Xbox Live and Skype for instance.

Other notable companies on the list include Apple’s App store, AXA insurance, Coca-Cola, Air Baltic, Visa and of course PayPal.

Global adoption indeed seems not too far off in the future anymore.