PayPal Adds Solana (SOL) and Chainlink (LINK) to Its List of Supported Cryptocurrencies

PayPal, the leader in online payment across the world, included Solana (SOL) and Chainlink (LINK) into the list of supported cryptocurrencies

PayPal, a leader in online payment solutions across the world, has reportedly included Solana (SOL) and Chainlink (LINK) into the list of cryptocurrencies supported by the company.

The addition was made quietly to the firm’s help center. The new listing on the company’s website shows that the offering is available to customers in the U.S. and its territories.

In 2020, PayPal launched services allowing its U.S. customers to buy, sell, and hold cryptocurrencies. This was a monumental step towards the mainstream use of cryptocurrencies by bringing cryptocurrencies to the fingertips of millions of customers via a trusted, mainstream platform.

Though PayPal updated its help center website, the company still has no official statement on the actual date when PayPal added SOL and LINK.

The developer portal, which was last updated in November 2024, also lists SOL and LINK on supported assets, yet another sign that they are already offered as buy/sell options.

However, without any official statement, it remains ambiguous when these assets were added, but we are more assured that it is not to simply fill out the company’s crypto offerings on PayPal’s websites.

Currently, those who use PayPal in the U.S. and U.S. territories can buy, sell, and hold SOL and LINK just like they can with other supported crypto assets. However, the ability to send these assets to external crypto wallets is still unclear.

Right now, only Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and PayPal USD (PYUSD) can be sent to external wallets.

That means with PayPal’s support for SOL and LINK, it may just be that the full capability, external transfers, isn’t yet functional.

Earlier this year, reports surfaced that PayPal was planning to cease its cryptocurrency services in the coming months. However, in August, the company applied to launch its own stablecoin, known as PayPal USD.

The move signaled the company’s ongoing commitment to the cryptocurrency market despite earlier rumors of its withdrawal.

As the world’s leading direct payments company, PayPal is used by more than 840 million people in over 200 markets throughout the entire world. It also has over 36 million merchant accounts.

With the integration of Solana and Chainlink, customers can now enjoy trading these popular altcoins within the familiar PayPal ecosystem.