The crypto market is seeing increased support from various industries, with payment firms playing a key role in promoting digital assets.
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Among the early adopters, PayPal has shown a consistent interest in integrating cryptocurrencies into its platform. Recently, the company quietly expanded its crypto offerings in the United States by adding Solana (SOL) and Chainlink (LINK) to its list of supported assets.
While PayPal did not formally announce this update, users noticed the change on the company’s help center webpage. Currently, U.S. customers can buy, sell, and hold SOL and LINK alongside other supported cryptocurrencies. However, the option to transfer these tokens to external wallets remains uncertain at this time.
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PayPal’s move to include SOL and LINK is seen as a positive step for mainstream adoption, considering the platform’s extensive user base of over 400 million globally, including around 300 million in the U.S.
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Since first introducing crypto in 2020, PayPal has enabled transfers of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and PYUSD to compatible Ethereum ERC-20 or Solana SPL wallets, but the same functionality has not yet been confirmed for the newly added tokens.
Following the news, the market remained under pressure due to recent developments linked to Donald Trump’s reciprocal tariff announcements.
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Alexander Stefanov
