Mastercard Includes Solana in Global Crypto Program, Will SOL Price Face a Key Breakthrough?

On March 13, it was reported that payment giant Mastercard recently launched a new global crypto partnership program, bringing together over 80 companies from the crypto asset, fintech, and payments sectors. The goal is to promote the deep integration of digital assets with traditional financial systems. Notably, Solana was included in this program, participating alongside industry infrastructure companies like PayPal, Ripple, Circle, and Paxos. This move quickly attracted market attention.

According to reports, the program integrates blockchain developers, financial institutions, and payment service providers within a unified collaboration framework. Participating companies can directly work with the Mastercard team to develop products, attempting to combine blockchain’s high efficiency and programmability with global card networks and commercial payment systems. Some proof-of-concept projects have already been launched, indicating that related technologies are gradually moving from testing to practical application.

One example comes from Central Asia. The Central Bank of Kazakhstan has launched a stablecoin built on the Solana network, pegged to the national currency tenge, and tested its payment via bank cards within a local regulatory sandbox. Meanwhile, scenarios such as stablecoin settlement card transactions and self-custody wallets connected to bank cards are also advancing within the ecosystem, bringing digital asset payments closer to real-world commercial use.

In terms of market competition, Visa still holds about 90% of the crypto credit card payment market share. Industry insiders believe that Mastercard aims to accelerate ecosystem development through its crypto partnership program, narrowing the gap with competitors.

Regarding price performance, Solana is currently trading around $86. From a technical perspective, SOL has been rising within an ascending wedge since rebounding from its February low this year, continuously forming higher lows. Recently, the price faced significant resistance near $92, which is seen as a short-term key resistance zone.

Analysts believe that if SOL can break above and stabilize above $92, the next upward target could be around $106, with further targets near $120. However, before breaking through, the price may oscillate between $80 and $75, with $70 seen as a strong support zone.

As traditional payment giants accelerate their blockchain infrastructure deployment, Solana’s potential applications in payments and stablecoins are being reassessed. The market will next focus on institutional cooperation progress and real-world ecosystem implementation.