Solana APEX is an event focused on founders, applications, and cryptocurrency tokens, allowing teams to showcase their products and establish connections with investors and partners. During the first event of the year held in Mexico City, innovations in the sector were highlighted. Subsequently, similar events took place in Cape Town, Budapest, Singapore, and Mumbai.
According to the specialized site Statista.com, the countries leading in cryptocurrency usage include India, Brazil, South Africa, Spain, the United States, Mexico, Germany, and China. Solana's native cryptocurrency, SOL, plays a key role as it is used for transaction fees and participating in network governance.
Latin America is experiencing a rise in cryptocurrency usage, with countries like Brazil, Venezuela, Mexico, and Argentina among the top 20 globally in adoption of these currencies, according to Chainalysis. In the latest available data, the region received around $415 billion in cryptocurrencies between July 2023 and June 2024, representing a 42.5% increase compared to the previous year.
Mexico hosted the Solana APEX event, marking a significant point for experts and those interested in the cryptocurrency market. Statista reported that approximately 20% of the Mexican population has used cryptocurrencies at some point. Furthermore, the country stands out for being a remittance recipient, where cryptocurrencies are increasingly being used for international payments due to their speed and lower fees compared to traditional methods.
The event in Mexico highlighted innovative applications and tokens on the Solana network through talks, panels, and interactive workshops. Attendees had the opportunity to connect with founders and cryptocurrency investors, learn about the latest trends in stablecoins, DePIN, and RWA, and discover success stories of Solana in the country. Solana, recognized as the fastest blockchain in the world, has contributed to the explosive growth of NFTs and DeFi, attracting innovative projects and consolidating its position in the industry.
