PayPal is expanding its crypto services once again, this time adding Chainlink (LINK) and Solana (SOL) to its growing list of supported digital assets. The move allows U.S. users on both PayPal and Venmo to buy, sell, hold, and transfer the two tokens, marking another step forward in the company’s digital currency strategy.
Expanding Beyond Bitcoin and Ethereum
The payments giant first entered the crypto space in 2020, offering support for Bitcoin (BTC) and Ethereum (ETH). Over time, it added Litecoin (LTC), Bitcoin Cash (BCH), and even launched its own stablecoin, PayPal USD (PYUSD).
With LINK and SOL now added, PayPal supports a total of seven cryptocurrencies on its platform.
Why Solana and Chainlink?
PayPal says the addition of Solana and Chainlink reflects strong demand and the growing role of these tokens in the crypto ecosystem.
Solana is known for its fast and low-cost blockchain infrastructure, making it popular for developers and institutions.
Chainlink powers secure connections between blockchain smart contracts and real-world data—an essential tool for Web3 development.
“Offering more tokens on PayPal and Venmo provides users with greater flexibility and choice,” said May Zabaneh, PayPal’s Vice President of Digital Currencies. She noted that user feedback played a key role in the decision.
A Sign of Rising Institutional Adoption
The move also highlights the growing institutional interest in both tokens:
Polymarket recently integrated Solana for SOL deposits.
Chainlink continues to expand through major partnerships, including a recent deal in the UAE to build tokenization frameworks.
BlackRock’s BUIDL fund, which recently launched on Solana, adds even more institutional weight to the network.
Positive Market Reaction
Following PayPal’s announcement, both LINK and SOL saw modest price increases:
Solana (SOL) jumped 5.42%
Chainlink rose 1.37% Currently LINK Price trading at $12.85 as per Coinpedia Market data.
For a more detailed Chainlink price prediction 2030, check out our full analysis!
The price uptick signals market confidence in the growing adoption of these tokens.
PayPal’s latest update confirms its growing commitment to digital currencies. By supporting Solana and Chainlink, the company is embracing the next generation of blockchain innovation—bringing more choice and accessibility to its millions of users across the U.S.
As the crypto landscape continues to evolve, PayPal is clearly positioning itself as a major player in the future of finance.
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