Forward Industries Bets Big on Solana Future With $1 Billion Buyback and SEC-Registered Resale Plan
Forward Industries announced a $1 billion share buyback and filed a resale prospectus with the US SEC to strengthen investor confidence.
AnaisLog in/ Sign up
PayPal's Latest Move: Solana (SOL) and Chainlink (LINK) Added to Its Crypto Lineup for US Customers
Follow
PayPal Adds Solana and Chainlink to Supported Cryptos in the US
PayPal has expanded its cryptocurrency offerings by adding Solana (SOL) and Chainlink (LINK) to its list of supported digital assets for users in the US and US territories.
This move enhances PayPal’s crypto lineup, which already includes PayPal USD (PYUSD), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).
The update was recently confirmed through an update on PayPal’s help centre page.
No Official Announcement on Timeline
Although the addition of SOL and LINK was quietly rolled out, PayPal has yet to make an official announcement detailing the timeline of this new integration.
Notably, the PayPal developer portal, which was last updated in November 2024, already listed these two assets as supported digital currencies, suggesting the integration has been in place for some time.
New Features for US-Based PayPal Customers
US-based PayPal users now have the ability to buy, sell, and hold Solana and Chainlink alongside other major cryptocurrencies.
However, the ability to transfer these assets to external wallets has not been confirmed.
As of now, PayPal users can send Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and PayPal USD to compatible external wallets, including Ethereum ERC-20 and Solana SPL wallets.
Increased Crypto Accessibility for US Merchants
This expansion also aligns with PayPal’s broader efforts to enhance the crypto experience for US businesses.
Last September, PayPal allowed US merchants to buy, sell, and hold crypto directly from their business accounts, including the ability to send and receive tokens on-chain.
However, this service is not yet available in New York State.
The inclusion of more cryptocurrencies further supports PayPal’s goal of increasing crypto utility among the 36 million merchants using its platform.
Solana and Chainlink: What They Bring to the Table
Solana, known for its fast and cost-effective blockchain technology, has gained popularity due to its ability to process a high volume of transactions efficiently.
Chainlink, on the other hand, acts as a decentralized oracle network, enabling blockchains to interact with real-world data.
These two cryptocurrencies add greater diversity to PayPal’s offerings, allowing users more flexibility when building their portfolios.
A Strategic Move in the Growing Crypto Market
The addition of Solana and Chainlink signals PayPal’s ongoing commitment to expanding its role in the crypto sector.
As the market continues to evolve, PayPal’s ability to offer a wide range of digital currencies will help it stay competitive against other financial platforms like Venmo and Cash App, which have also been incorporating more crypto services.
PayPal's Crypto Journey Continues
Since its first venture into crypto in 2020, PayPal has gradually increased its crypto services.
Initially, it allowed users to buy and sell Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
By 2021, PayPal expanded its reach to the UK, and by 2024, it enabled millions of US merchants to transact in crypto.
With the addition of Solana and Chainlink, PayPal is continuing its push to make cryptocurrency more accessible for both individual users and businesses alike.
Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG
Add Comment
LoginLeave your comments
0 Comments
Earliest
Load more comments
Related News
- Anais
Trump’s $8.5B Australia Deal Leaves China Out in the Cold — Are U.S.-China Talks Dead Before They Even Begin?
Barely 24 hours after announcing to reporters that he will be having a meeting with Chairman Xi in the weeks to come, Trump is now threatening to impose a tariff of up to 155% on Chinese goods if both countries do not reach a mutual agreement during the Asia-Pacific Economic Cooperation summit in Seoul.
XingChiShop and Earn SOL: Gemini’s Solana Card Introduces Auto-Staking Rewards Up to 6.77% Back on Everyday Purchases
Gemini has launched a Solana-themed credit card that lets users earn SOL rewards and automatically stake them for up to 6.77% APY. The card offers no fees and supports instant payouts in over 50 cryptocurrencies, combining lifestyle partnerships with crypto rewards.
WeatherlyHuobi Founder Leads $1B Ethereum Treasury Drive With Asia’s Top Investors: Report
Huobi founder Li Lin is making a comeback — not through another crypto exchange, but by building what he hopes will become Ethereum’s institutional gateway. Partnering with some of Asia’s most influential blockchain investors, Li has launched a $1 billion Ethereum trust designed to offer institutional-grade, regulated exposure to ETH.
XingChiEthereum Attracts Over 16,000 New Developers in 2025 While Solana Surges in Growth and Bitcoin Lags Behind
Ethereum continues to lead blockchain development, gaining more than 16,000 new developers between January and September 2025. Solana’s developer base is expanding rapidly, though some figures may be underestimated due to incomplete reporting.
WeatherlyDota 2 YouTube Channel With 1.27M Subscribers Hijacked To Promote Fake Solana Meme Coin: How Secure Are Verified Accounts Against Scams?
The official Dota 2 YouTube channel was briefly hacked to promote a fake Solana token called dota2coin, livestreaming the scam to thousands of viewers. A separate esports partner, PGL, was also hacked to stream a fake Bitcoin giveaway, but no user accounts or personal data were compromised.
WeatherlyStripe Expands Subscription Options with Stablecoin Payments from Over 400 Supported Wallets for US Companies
Stripe has launched a new feature allowing US businesses to accept recurring payments in stablecoins like USDC, USDP, and USDG across multiple blockchains. The system uses smart contracts for easier payments, supports over 400 wallets, and lets companies receive fiat settlements while managing subscriptions from their Stripe dashboard.
AnaisFC Barcelona Instagram Breach Misled Fans, Resulting in Hacker Earning $26,000 From Fake Solana $FCB Coin on Pump.fun
FC Barcelona’s official Instagram account was hacked to promote a fake $FCB token on the Solana blockchain, misleading fans and causing potential financial losses. The token briefly surged to $3 million in value before crashing, highlighting risks of scams using popular brands and unverified cryptocurrencies.
Joy500 Doodles NFT Cereal Boxes Gone in Hours: What Made Them So Irresistible?
Doodles partnered with Froot Loops to release 500 limited-edition NFT-linked cereal boxes, which sold out within hours. The collaboration aimed to make the brand more visible outside Web3 and offered collectors signed boxes and digital collectibles.
WeatherlyHigh-Stakes Crypto-Treasury Strategies Put Over 200 Public Companies Under Investigation for Trading Abnormalities
US regulators are investigating over 200 companies for unusual stock trading ahead of crypto-treasury announcements, suspecting possible insider leaks. The SEC and FINRA are checking compliance with disclosure rules, with potential fines and sanctions if violations are found.
Anais
Live Updates
- XRP ETF Countdown Begins as 21Shares Triggers SEC ReviewBullishBearish
Trending News
Roblox Revolutionizes Gaming with AI-Powered Universal Translation
Roblox's new AI model enables real-time, cross-language communication, fostering global connections among its 70 million daily users.
BrianRipple Labs vs SEC: The Tug of War Over Financial Transparency
Ripple Labs' legal battle with the SEC, highlighting the tension between cryptocurrency innovation and regulatory oversight, and its broader implications for the future of digital finance.
WeiliangEx-CFO of Do Kwon's Company Risks Lifetime Incarceration Following Extradition
Post-Terra's collapse, executives face extradition and potential life sentences, sparking major regulatory reforms in South Korea’s cryptocurrency landscape.
MiyukiFrom Adoption to Exit: Vast Bank's Journey Through the Cryptocurrency Landscape
Vast Bank exits cryptocurrency, reflecting broader banking industry challenges amid regulatory scrutiny and strategic reassessment of digital asset integration.
AlexNFT Mining Simplified: A Comprehensive Guide to GoMining
Explore GoMining's revolutionary approach to Bitcoin mining through NFTs, offering accessible, efficient, and flexible mining strategies for every investor.
AlexChina Did Not Entirely Ban Crypto – Navigating the Gaps
Contrary to Western perceptions of a complete crypto ban, China's cryptocurrency trade persists, with Binance recording $90 billion in a month. The nuanced reality reveals legal gaps allowing individuals to hold and engage in peer-to-peer trading, challenging the narrative of a blanket ban.
JoyGoDaddy and ENS Unite: Bridging Traditional Web and Web3
GoDaddy partners with ENS, enabling users to link domain names with Ethereum addresses, simplifying access to Web3 applications amidst a transformative digital landscape.
WeiliangHaru Invest Scandal Shakes Crypto Industry: Executives Detained in $826 Million Embezzlement Case
The Haru Invest scandal, involving $826 million in embezzled funds, has prompted legal action, industry introspection, and calls for enhanced regulatory oversight in the crypto sector.
MiyukiHow Did OnlyFake Slip Through the Cracks of OKX, Binance’s KYC/AML with Fake IDs?
OKX's weak verification methods, coupled with platforms like OnlyFake, raise concerns over widespread identity fraud in online transactions.
JoyBFICoin Ecosystem: Consensus Agreement and the Roadmap to Development
BFICoin leads blockchain evolution with its PoC protocol, fostering an expansive ecosystem of dApps in industries like travel, gaming, and finance.
Brian