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Solana and Chainlink now tradable on PayPal in the USA
By Davide Grammatica
Support for Solana and Chainlink is now a reality directly on PayPal, which integrates the two tokens into its payment infrastructure
SOL and LINK on PayPal
From the United States comes a further step forward in terms of mass adoption. PayPal‘s US customers will be able to use Solana and Chainlink (in addition to Bitcoin and Ethereum) as a means of payment directly from the platform, without having to go through third parties such as MoonPay (where the tokens were already available).
We found out about this on the FAQ page of the company that, after allowing all its customers to interface in various ways with the crypto world, wants to relaunch making the two altcoins even more accessible to a vast audience.
The price of SOL and LINK, which until now could only be purchased by PayPal users through MoonPay, remained almost unchanged at the announcement. But the story coincides with a very complicated moment for altcoins, in the hours immediately following the baptism of Trump’s commercial maneuvers.
PayPal once again confirms that it is a leading player in the mainstream adoption of cryptocurrencies. The company launched its first services in 2020, with support for several tokens, and then relaunched strongly in 2023 with the PayPal USD stablecoin, well ahead of the trend of recent months.
The revenge of Solana and co-founder of Chainlink
The opaque US regulations have never stopped the company in its development process, and today, even more so, PayPal seems to intend to continue on this path. A cautious approach to token listing is now followed by a diametrically opposed attitude, and the altcoin world could soon reap the rewards.
The listing of SOL and LINK, in this sense, is very significant. Throughout 2023, the SEC had repeatedly attacked various CEXs for listing potential assets as “unregistered securities”, while today the same agency seems to have an exactly opposite policy.
From this point of view, the SEC has also recognized several requests for approval of SOL spot ETFs, while Sergey Nazarov, co-founder of Chainlink, was present at the White House in March for the famous Crypto Summit organized by Trump.
