{"id":20381,"date":"2025-04-03T09:46:57","date_gmt":"2025-04-03T09:46:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20381"},"modified":"2025-04-03T09:46:57","modified_gmt":"2025-04-03T09:46:57","slug":"paypal-now-supports-solana-and-chainlink-time-to-invest-in-related-altcoins-like-solaxy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20381","title":{"rendered":"PayPal Now Supports Solana and Chainlink\u2014Time to Invest in Related Altcoins Like Solaxy?"},"content":{"rendered":"
\n

Wake up, PayPal just added support for two new cryptocurrencies in the US\u2014and it could be huge for altcoins!<\/p>\n

Unless you consider reading PayPal\u2019s help center<\/a> a hobby, you probably missed the addition of Solana ($SOL) and Chainlink ($LINK) to its list of supported cryptocurrencies in the US and its territories.<\/p>\n

The addition of these two coins expands the digital payment platform\u2019s crypto lineup, which also includes its own PayPal USD ($PYUSD), Bitcoin ($BTC), Ethereum ($ETH), Litecoin ($LTC), and Bitcoin Cash ($BCH).<\/p>\n

You can\u2019t send $SOL and $LINK<\/a> to supported external crypto wallets just yet, though.<\/p>\n

PayPal has slowly but surely embraced crypto over the past few years. In 2023, it allowed users to transfer crypto to Venmo<\/a> and launched its own stablecoin, $PYUSD. Its native token is available in both Ethereum and Solana blockchains, making transactions faster, cheaper, and more reliable.<\/p>\n

Solana Remains the Second-Largest Chain, but Solaxy Can Make It Even Better<\/h2>\n

When it comes to size, nothing currently touches Ethereum. But Solana is gradually making headway.<\/p>\n

In a report by Messari<\/a>, the chain\u2019s GDP jumped from $268M in Q3 2024 to $840M the following quarter, translating to a whopping 212.8% growth.<\/p>\n

It also became the second-biggest chain by DeFi TVL, representing the total amount of assets currently deposited in a DeFi protocol, with $8.6B in Q4 2024.<\/p>\n

While Solana is one of the world\u2019s biggest blockchains, it\u2019s not perfect. Customers often complain about delayed transactions and service disruptions, which negatively impact user experience. But one project wants to change that.<\/p>\n

Enter Solaxy ($SOLX)<\/a>, a Solana Layer 2 blockchain that aims to address Solana\u2019s common pain points like network congestion, failed transactions, and scalability limitations.<\/p>\n

\"Solaxy<\/p>\n

Powering this project is its native token $SOLX. It\u2019s a multichain token that will also become available on Solana and Ethereum just like $PYUSD.<\/p>\n

This brings together the best of the two blockchains: Ethereum\u2019s DeFi and asset tokenization ecosystem, and Solana\u2019s speed and low fees.<\/p>\n

The project is currently preselling its $SOLX token. It\u2019s the first of its 4-Phase roadmap, which will eventually see the token being listed on DEXs and CEXs, the full deployment of the Solaxy Layer 2 network, and further expansion of its ecosystem.<\/p>\n

You can join the presale today by going to Solaxy\u2019s official website<\/a>. Then, you can connect your crypto wallet to buy tokens with crypto ($ETH, $BNB, and $SOL) or fiat using your credit card. Alternatively, you can stake your tokens to earn passive rewards. For more details, you can check out our step-by-step $SOLX buying guide<\/a>.<\/p>\n

$SOLX is still very affordable at $0.001682 each. But another price increase will happen in a few hours, so it\u2019s always best to buy sooner than later. After all, analysts expect $SOLX to grow exponentially<\/a> in the next five years (up to $0.043 by 2030).<\/p>\n

Other investors think so too, which has helped the project raise over $28.9M to date, easily establishing it as one of the best altcoins<\/a>.<\/p>\n

When you look at the project\u2019s tokenomics, you\u2019ll immediately notice that it set aside the biggest chunk of its token supply for development (30%). This signals that the team is serious about making a solid product that can help greatly improve Solana.<\/p>\n

\"Solaxy<\/p>\n

You can learn more about Solaxy by reading its whitepaper<\/a> or following it on X<\/a>.<\/p>\n

The PayPal Announcement Bodes Well for Solana and Solaxy<\/h2>\n

Aside from giving users more crypto options on PayPal, adding Solana also helps increase the blockchain\u2019s value and its native token.<\/p>\n

As such, related projects like Solaxy<\/a> benefit too, especially since this one adds much-needed improvements to Solana.<\/p>\n

When interest in projects like Solaxy grows, so does their potential growth in the coming years. But as any smart investor knows, it\u2019s always best to get into the market early when the pickings are still cheap. This makes Solaxy and its $SOLX token especially attractive to those looking for affordable coins to invest in.<\/p>\n

But as always, do your own research before you invest in volatile crypto like meme coins<\/a>. This helps improve your chances of success and limit your risk. After all, the crypto market can be highly volatile and could quickly lose you money unless you\u2019re careful.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Wake up, PayPal just added support for two new cryptocurrencies in the US\u2014and it could be huge for altcoins! Unless you consider reading PayPal\u2019s help center a hobby, you probably missed the addition of Solana ($SOL) and Chainlink ($LINK) to its list of supported cryptocurrencies in the US and its territories. The addition of these […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20381","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20381"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20381\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}