PayPal Now supports Solana (SOL), Chainlink (LINK), and other US-based payment methods.

Multiple industries have shown a great deal of support for cryptocurrency. Payment firms started supporting cryptocurrencies to help bridge the gap between digital finance and traditional finance. PayPal was one of the first to support the cryptocurrency industry. PayPal has added Solana and Chainlink to its digital asset list for clients in America and territories.

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PayPal’s big crypto line-up

PayPal didn’t make any official announcements about the new addition. Updates to PayPal’s support center could be seen by the public. webpage. PayPal’s users can buy, sell and store LINKs and SOLs in their accounts, along with any other cryptocurrencies. But, sending LINKs and SOLs to an external cryptocurrency wallet is unreliable and not currently supported.

PayPal, with its more than 400 millions users in over 200 countries, including 300 million US citizens, could help to increase the acceptance of these assets and the markets. PayPal introduced crypto to its users in 2020. Currently, Bitcoin Cash(BCH), Ethereum(ETH), Litecoins (LTC), Bitcoin Cash(BCH), PYUSD can all be moved to Ethereum SPL or ERC-20 wallets.

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How Did SOL & LINK React To This News?

Due to Donald Trump’s news about reciprocal tariffs, the entire market went red. Solana, Chainlink and other companies were not spared. Solana was still in the top 10. It saw a drop of 3.90% over the last 24 hours. Altcoins were trading for $119.14 at the time this post was published.

Chainlink, the 13th biggest coin in terms of value, was also dropping. LINK’s price was $13.10 at the time this article went to press. The price of LINK has dropped by 2.54% in the past 24 hours.

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