
esmeralda
@esmeralda
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PayPal activates native Solana and Chainlink support for users in US territories
PayPal now allows U.S. users to buy, sell, hold, and transfer Solana (SOL) and Chainlink (LINK) directly. Previously, users could only purchase these assets via MoonPay. PayPal began crypto services in 2020, adding Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, later launching its stablecoin in 2023. Regulatory concerns slowed new listings, but recent SEC developments and pro-crypto leadership may support adoption. SEC lawsuits against Binance and Coinbase previously scrutinized Solana but later eased. Chainlink's co-founder also engaged in White House discussions on digital assets. 3 replies
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PumpSwap DEX crosses $10 billion in cumulative volume 10 days after launch
PumpSwap, the new decentralized exchange (DEX) from Pump.fun, has processed $10 billion in trading volume within ten days of launch. It enables memecoins to migrate directly, bypassing Raydium, the leading Solana-based DEX. On Saturday, PumpSwap handled 67.4% of Solana DEX volume, far surpassing Raydium's 18.2%. The platform has generated over $20 million in protocol fees, with liquidity providers earning $5 million. Nearly 700,000 wallets have interacted with PumpSwap. However, Pump.fun's overall trading volume is declining. Meanwhile, Raydium is developing its own memecoin launchpad, LaunchLab. 2 replies
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