The cryptocurrency market has attracted immense support from several sectors. To bridge the gap between traditional financial and digital spheres, a series of payment companies have begun displaying cryptocurrency support. PayPal is one of the industry’s early advocates. With even more doubling its market interest, the company has included Solana (SoL) and ChainLink (link) in its list of digital assets for its clients in the US and region.
PayPal’s large crypto line-up
PayPal has not made an official announcement about the addition. However, the community was able to see the latest information on the company’s Help Center webpage. Link and Sol can be purchased, sold and held by PayPal users in the US and its regions along with other cryptocurrency assets, but it is uncertain and is likely not supported at this time.
With the US having over 400 million users, including around 300 million, PayPal’s support could boost the market and wide acceptance of these assets. It should be noted that PayPal first introduced its customers to Crypto in 2020. Currently, you can move Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and PYUSD to a compatible Ethereum ERC-20 or Solana Spl Wallets.
How did Sol & Link respond to this news?
The entire market was seen soaking in red due to news of Donald Trump’s mutual tariffs. Solana and Chainlink didn’t spare either. Solana stayed in the top 10. However, it has witnessed a 3.90% drop in the last 24 hours. At the time of writing, Altcoin was trading at $119.14.
Meanwhile, ChainLink, the 13th largest coin, was also seen dropping. The link was trading for $13.10 during press time. This happens after a price has fallen 2.54% over the last 24 hours.
