PayPal has expanded its crypto offerings to include Solana (SOL) and Chainlink (LINK), enabling users in the U.S. and its territories to buy, sell, hold, and transfer the tokens directly through the platform.
From MoonPay to Native Access
Previously, SOL and LINK were only accessible through a partnership with MoonPay. The update brings the tokens fully into PayPal’s crypto dashboard, alongside Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
PayPal also issues its own stablecoin, PYUSD, on Ethereum and Solana. The move marks the latest expansion in the company’s crypto footprint since it began offering digital assets in October 2020.
Improved Regulatory Environment Helps Adoption
Solana and Chainlink were once scrutinized in SEC lawsuits against Binance and Coinbase, but those cases have since been paused or resolved. Solana was notably dropped from SEC complaints in 2024.
The political climate has shifted under President Trump’s administration, which has embraced pro-crypto policies. SEC staff have acknowledged multiple Solana ETF filings, while Chainlink co-founder Sergey Nazarov attended a recent White House digital assets summit.
