PayPal activates native Solana and Chainlink support for users in Us territories :
PayPal now allows U.S. users to buy, sell, hold, and transfer Solana ($SOL ) and Chainlink ($LINK ) directly on its platform, marking the first time these assets are natively supported. Previously, customers could only purchase SOL and LINK via third-party service MoonPay using PayPal. The news had minimal immediate price impact.
Since 2020, PayPal has offered crypto services, starting with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, followed by its PYUSD stable-coin in 2023. The delayed SOL and LINK integration likely stemmed from U.S. regulatory uncertainty, including SEC lawsuits that once labeled SOL a potential unregistered security. However, recent SEC withdrawals from cases against Coinbase and Binance suggest easing pressures.
Growing pro-crypto sentiment is evident, with SEC staff reviewing Solana ETF filings and Chainlink’s co-founder participating in a White House digital asset summit. PayPal’s move signals broader institutional adoption, potentially boosting SOL and LINK accessibility.
