PayPal Crypto Expands: Solana and Chainlink Now Available for U.S. Users

PayPal Crypto has added Solana and Chainlink for U.S. customers. This expansion strengthens its position in digital payments. Solana news highlights its fast transactions, while LINK price may rise with increased demand. The move simplifies crypto access for millions, boosting mainstream adoption. PayPal has steadily increased its blockchain presence, expanding beyond BTC and ETH. This update could influence market trends and trading activity. With PayPal’s massive reach, SOL and LINK may see long-term growth.

PayPal Adds Solana & Chainlink, But No Transfers Yet

PayPal Crypto has quietly expanded its supported assets, adding Solana and Chainlink. However, there has been no official announcement regarding when these cryptos were integrated. PayPal’s developer portal, last updated in November 2024, already lists SOL and LINK among supported assets. While U.S. users can now buy, sell and hold LINK and SOL, external transfers for these assets are still not confirmed. Currently, only Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and PayPal USD (PYUSD) support withdrawals to external wallets.

[🌲] PayPal Adds Solana (SOL) and Chainlink (LINK) for Customers in the U.S. and U.S. Territories.

— Tree News (@TreeNewsFeed) April 2, 2025

This integration benefits both PayPal users and the broader crypto industry. SOL’s high-speed transactions make it ideal for payments, while LINK’s secure data feeds enhance smart contracts. By supporting these assets, PayPal makes cryptocurrency more accessible, earning trust from new investors. With over 36 million merchants on its platform, this expansion into blockchain finance could drive greater adoption. The move legitimizes crypto for mainstream users, boosting exposure and increasing investor participation in the digital asset space.

Solana Faces Key Support at $116.25 

The news influenced market trends on April 2nd, starting with a downward move. At 2:10 UTC, RSI showed an oversold situation, extending losses. The price found support at $123.50 around 5:50 UTC, leading to a golden cross at 6:00 UTC and an upward move. Overbought conditions appeared at 15:40 UTC and 20:15 UTC, pushing resistance to $136.22. A death cross on MACD at 23:30 UTC triggered a decline, with an oversold situation at 22:40 UTC. On April 3rd, a new support at $116.25 formed, but a death cross at 5:15 UTC suggested further downside risks.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 3, 2025

Chainlink Faces Volatility on April 3rd

This PayPal crypto adoption affected the Chainlink price, leading to fluctuations throughout April 3rd. After the golden cross at 7:50 UTC, an overbought situation appeared at 10:20 UTC, fueling an upward trend. However, a death cross on the MACD line at 12:15 UTC signaled a possible reversal. LINK price tested the $13.80 resistance but failed to break through. Another oversold situation at 18:30 UTC pushed the price down to $13.10. By 22:45 UTC, a golden cross suggested an upward move. If this momentum continues, the price could retest $14.40. However, if bearish pressure persists, it may decline below $12.81.

Chart 2, analyzed by ShwetaCW, published on TradingView, April 3, 2025

PayPal Boosts SOL & LINK: What’s Next for Their Prices?

This PayPal Crypto integration expands accessibility for Solana (SOL) and Chainlink (LINK), boosting adoption. However, the lack of external transfers limits full utility. Despite this, investor interest has surged. Following this Solana news, SOL faces key resistance at $136.22. If bullish momentum continues, it may break this level; otherwise, a drop to $116.25 is possible. For LINK price, resistance is at $14.40, with support at $12.81. A sustained uptrend could push it higher, while a reversal might retest support. Both assets remain volatile as market reactions to PayPal’s move unfold.