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Cryptocurrency News Articles

Travala.com Integrates Solana, Adds $SOL as Third Reward Option in Loyalty Program

Sep 21, 2024 at 07:12 pm

Crypto-native travel platform Travala.com has announced a major integration with the Solana network. This move will allow users to make travel bookings

Travala.com Integrates Solana, Adds $SOL as Third Reward Option in Loyalty Program

Crypto-native travel platform Travala.com has announced a major integration with the Solana network. This move will allow users to make travel bookings using assets on Solana. These assets include $SOL, $USDT, $USDC, and more. Additionally, loyalty program members will be able to earn travel rewards in $SOL.

Travala.com Adds SOL as Third Reward Option in Loyalty Program

As part of this integration, the $AVA token will be deployed on the Solana network following a community vote by $AVA token holders. The $AVA token also facilitates the Travala.com loyalty program. This development marks Solana as the third network on which the $AVA token will be accessible. The others two are Ethereum and BNB Chain.

With the integration, travelers can now receive up to 10% of their booking amount back in $SOL rewards through the AVA Smart Program. Currently, loyalty members can earn rewards in various forms. These include $BTC, $AVA, and Travala.com Travel Credits. The addition of SOL as a reward option marks it as the third token available in the program.

Travala.com has also enhanced its user account wallets to support SOL. In addition to this, the platform supports over 100 cryptocurrencies, only a few are natively available in user wallets. With this update, users can deposit and withdraw SOL, USDT, and USDC on the Solana network, enjoying zero fees when booking travel.

Travala.com Plans New Product Development on Solana Network

Juan Otero is the CEO of Travala.com. He commented on the significance of this integration. He said that the Solana network has become one of the most-used blockchains due to its cost effectiveness and scalability. He also added that the activity within the Solana ecosystem is impressive, and there is a great potential for innovation.

In addition to integrating Solana support, Travala.com plans to develop new products on the Solana network, leveraging its scalability and low transaction costs. It is quite apparent with each passing day, Travala.com is moving towards integrating Solana into its portfolio. Moreover, it aims to improve usability in the real world of the platform based on the Solana network.

This development comes on the heels of the latest addition of a feature in Skyscanner that enables the use of Travala.com, which contains over 2.2 million hotels on its inventory within the Skyscanner platforms. It will help position Travala.com as the first ever travel service with native cryptocurrency integration and associated with Skyscanner that has 110 million users monthly.

Original source:blockchainreporter

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