Helio has upgraded its Solana Pay Shopify plugin to support over 100 cryptocurrencies, enhancing merchant flexibility and improving checkout.

The new plugin allows merchants to accept payments in hundreds of cryptocurrencies, including popular ones and meme-based coins. This expansion is designed to increase flexibility in crypto payments on the Shopify platform, enabling merchants to accept a wider range of digital currencies.

The plugin has already generated $50 million in sales through collaborations with over 200 Shopify stores. The upgrade is enabled by Jupiter, which helps convert received cryptocurrencies to stablecoins, allowing merchants to manage their revenues in a stable manner.

"This upgrade puts Solana Pay as a flexible and merchant-oriented solution for various forms of payments in the crypto economy," stated Stijn Paumen, CEO at Helio.

The plugin also features easy and fast checkout processes, making the shopping experience better. Merchants can make transactions in fiat currencies and liquidate their digital currencies into fiat automatically, making the process easier for store owners.

The upgrade also enhances the checkout process, making it efficient and easy to use. It has also opened new possibilities for merchants to provide new services such as NFT airdrops and access to special lists, benefiting consumers.

The integration does not imply Shopify's direct interference, as any customer can easily install the application into the Shopify App Store without Shopify's approval, proving that the platform is open and non-prescriptive.

These improvements are designed to increase the availability and appeal of cryptocurrencies for both merchants and their clients through increased choice and improved functionality. "We want to ensure that adopting crypto payments is as easy and profitable as possible for merchants worldwide," said Paumen.

Concurrently, Circle has integrated Web3 services to the Solana network, a strong indication of Solana's growth in the blockchain ecosystem. This new service suite is developed for helping developers build applications with multi-chain wallets and supports the Ethereum, Polygon PoS, and Avalanche blockchains.

Circle's initiative is geared towards making it easier to address some of the technical issues linked with the use of blockchain, such as key management and transaction costs.

Despite these developments, Solana's (SOL) price has been in a bearish rally in the last 24 hours, with prices swaying between an intra-day high and low of $160.32 and $149.29, respectively. At press time, SOL was trading at $149.07, a 6.82% decline from the intra-day high.