PayPal Adds Two New Cryptocurrencies To Their Payment Services

PayPal has added two new cryptocurrencies for their users to buy, hold, sell and transfer between accounts, in a huge step for the crypto industry globally. For a platform the size of PayPal, the move to further embrace crypto comes as a much needed bit of good news during an otherwise bearish month. 

In case you missed it, PayPal first dipped its toes into crypto back in 2020 - which admittedly felt a bit like your grandparents trying to use TikTok. The initial offering was criticized for being clunky, awkward, and sort of missing the point. But fast-forward to today, and the global payments giant is starting to look like it actually gets it. 

Last week, PayPal shared the news that their US users can now buy, sell, and hold Solana and Chainlink directly in their PayPal and Venmo wallets. No third-party apps, no MoonPay workarounds, just straight to the point crypto trading alongside your pizza money, rent payments, and paying back your friends.

For a globally recognized brand and payment provider the size of PayPal to get further into bed with crypto is a big deal. Because PayPal isn’t some fly-by-night exchange—it’s globally recognized, globally trusted and has global influence too. The fact that it’s now offering Solana and Chainlink alongside Bitcoin and Ethereum is a quiet, but powerful nod that crypto is creeping further into the mainstream. In isolation, a move like this can seem unimportant, but what you’re witnessing is culture changing. The technology is moving forward - you’re early. 

PayPal could have chosen any tokens to add to their list, so why these two? 

Well, Solana has a few things on its side, the first of which being its speed. This speed and low transaction cost has made it the breeding ground for the most recent memecoin rally. Meanwhile, Chainlink is the quiet powerhouse connecting blockchains to real-world data. It’s essentially the plumbing that makes fancy DeFi apps actually work. Together, these two tokens are a subtle strategic play from PayPal: Solana for the retail traders who want fast, cheap transactions, and Chainlink for the institutional crowd eyeing real-world blockchain adoption.

But PayPal is taking it several steps further. They aren’t just adding tokens, they’re baking in features like price alerts, so you can get pinged when SOL dips to your "buy the damn dip" threshold. It’s a small touch, but it shows they’re thinking like actual crypto users, not just suits slapping a "Web3" label on old tech and calling it new. 

It’s also a clear sign that PayPal wants a slice of the crypto action. And they’re continuing to go after it hard; they have the user base, the reputation and the people in their corner to make it happen.

Why is this happening now? Well, as an American based company, PayPal can’t ignore the elephant in the room. Which in their case is a big trunky beast called ‘regulation’. And in the US, the regulation landscape is experiencing a once in a generation, seismic shift. And it’s happening fast too. Just eighteen months ago, the regulatory approach for the Securities Exchange and Commission was ‘sue now, ask questions later’. Those days are over. 

Since then, key lawsuits have been dismissed, or ruled in favor of crypto, and the Trump administration has pushed for pro-crypto policies like the (somewhat controversial) Strategic Bitcoin Reserve order. What this means for companies like PayPal is breathing room! They have the backing of the law to make moves like this and rest easy knowing they won’t wake up to any lawsuits. 

So expect more of this to come in future as more institutions look to evolve from web2 to web3. Because for companies like PayPal, this isn’t just a generic product update, it’s a huge flag that says “We think crypto is here to stay”. And when companies like PayPal make those claims, the world listens.

For investors like yourself, this is potentially great news too. Least of all if you’re a holder of SOL or LINK, because buying and holding these coins is now as easy as booking an Uber. No wallet setups, no weird or clunky exchanges. Just a few taps in the same app you use to split your brunch bills. That lowers the barrier to entry massively. Then that leads us to a big liquidity boost. It just gets better and better really.

Overall, PayPal’s move is big brick in the road to mass adoption. And it isn’t just about adding certain coins, it’s about making crypto normal. A play like this puts crypto in millions of new hands. The easier it is for regular people to get involved, the more crypto starts looking like the future of money, which is good for investors.