For the first time, millions of people will be able to purchase and trade SOL token via two of the most prominent digital wallet providers, Skrill and Neteller.
SOL, the native blockchain token of Solana, will be available for purchase and sale through Skrill and Neteller’s digital wallets, respectively. With the launch of the new currency, project acceptance and the price of sol have both risen rapidly.
The two businesses will enable consumers to connect with SOL and shop directly in Fiats in addition. All of this is possible because of Paysafe’s bitcoin integration services – the same business that supports Neteller and Skrill.
According to the statement, the decision was made because the project had grown significantly and had become the primary forum for several DeFi and NFT protocols. Users of Skrill and Neteller will now be able to access and manage their Solana wallets straight from the apps they already use to pay with these services. The procedure will be almost similar to that of the other 40 digital items already on offer. Some examples include bitcoin, ethereum, uiswap, and chainlink.
More specifically, consumers may set up price alerts, which send them information when prices change significantly. Additionally, automated and/or recurring purchases may be set up.
Since the beginning of the year, Solana and its native token have had a great run. A year from now, SOL will be worth around $1.5. On the other hand, the worldwide bull market has resulted in a 10-fold rise in only one month.
As of mid-May, SOL has hit a new all-time high of $60 after a short pullback. This, on the other hand, was not unexpected. After all, the market as a whole was quite bullish at the moment.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.