- PayPal included Solana and Chainlink in its U.S. crypto offerings, along with Bitcoin and Ethereum, and others.
- The tokens can now be bought, sold, held, and transferred using both PayPal and Venmo.
- This is an indication that large payment platforms are serious about crypto and are making it more accessible.
PayPal added Chainlink (LINK) and Solana (SOL) to its crypto services for U.S. customers on April 4, 2025.
This addition enables customers to purchase, sell, store, and transfer these tokens, in addition to existing options such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and PayPal USD (PYUSD). The service is also accessible on Venmo, offering millions of customers access to LINK and SOL through their normal payment channels.
Source: Official Press Release
Why Solana and Chainlink Stand Out
Solana is known for fast transactions and low fees in the blockchain space, so it’s a go to for applications like decentralized apps and finance applications. Chainlink, on the other hand, It connects smart contracts to real world data, which helps businesses and developers use them better. collectively, they are among the top 11 cryptocurrencies, with a total market value of over $80 billion.
PayPal’s VP of Digital Currencies, May Zabaneh, explained it bluntly, that users requested more choices, and these coins deliver. It’s about convenience and providing consumers what they desire within a trusted environment.
This is PayPal’s second time expanding into crypto. They first started in 2020 with Bitcoin and Ethereum, then added Litecoin and Bitcoin Cash after seeing strong interest from users. In 2023, they introduced PYUSD, the dollar linked stablecoin, seeking to compete with heavyweights Tether and USD Coin. And now, with SOL and LINK, PayPal’s crypto menu is at seven courses.
The timing’s also intriguing big players such as Polymarket are piling onto Solana, allowing users to deposit SOL, while Chainlink’s scoring partnerships, such as a recent one in the UAE to construct tokenization systems.
Even BlackRock is getting close with Solana through its BUIDL initiative. Big companies are showing interest in these coins, and PayPal wants to stay ahead by joining in.
Market Response and the way to Web3
Following the announcement, Solana’s price jumped 5.42%, and Chainlink edged up 1.37%. PayPal is focusing on Web3, which means new internet ideas like decentralized networks. It sees Solana as a top blockchain and Chainlink as a tool that connects blockchains together.
PayPal isn’t only focused on buying and selling crypto. They want to create more ways for people to use and learn about it. Zabaneh said that, the goal is to make crypto simple to use and help more people join in as it becomes more popular.
PayPal has over 400 million users, mostly in the U.S. Letting them use SOL and LINK could help make crypto more common in daily life. It’s not ready to replace debit cards yet, but it’s a step toward making digital coins normal.
For now, it’s U.S. only and you can’t send the tokens to other wallets, but the update has just started and should appear in apps soon. For people interested in crypto, it shows even big payment companies are joining the digital change.
