Mentioned:
PayPal continues to believe in the future of digital assets. And now, they’re betting on Solana.
What’s happening:
- PayPal (NASDAQ: PYPL) has officially enabled users in the United States of America to buy, sell and transfer Solana
Why it matters:
- This is the first time ever that PayPal has made Solana available to users of both the PayPal app and Venmo
Going deeper:
- PayPal also just added highly popular decentralized oracle network Chainlink to both the PayPal app and Venmo alongside of Solana
- PayPal now supports multiple different digital assets, including Bitcoin, Ethereum and Litecoin
The intrigue:
- Solana has also continued to see rapid adoption in the traditional public markets lately, with the first ever Solana futures ETFs beginning to trade on the Nasdaq
