Travala Expands Crypto Payment Options to Include Solana-Based Tokens
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Travala, a cryptocurrency-based travel booking platform, has expanded its payment options to include major tokens from the Solana blockchain.
The announcement was made by Travala CEO Juan Otero on September 21 during the Solana Breakpoint conference in Singapore, according to a post by Solana’s official X account.
With this integration, Travala users can now book hotels and flights using Solana’s native token, SOL, as well as stablecoins Tether (USDT) and USD Coin (USDC) running on the Solana network.
The move is expected to enhance the platform’s appeal among crypto enthusiasts who prefer the Solana blockchain for its high-speed and low-cost transactions.
Solana, a direct competitor to Ethereum, has gained traction in the blockchain ecosystem for its efficiency in executing smart contracts and decentralized applications (DApps).
The collaboration with Travala underscores Solana’s growing influence and the increasing adoption of its network in real-world applications.
The new partnership also enables direct deposits and withdrawals of Solana-based tokens on Travala accounts, offering users a zero-fee transaction experience on travel bookings.
This integration is an upgrade from Travala’s existing support for other cryptocurrencies like Bitcoin and Ether, providing more flexibility and reducing costs for users.
Solana x Travala = seamless travel bookings! ✈️
In a related development, crypto exchange Coinbase has also shown its support for Solana.
The company plans to introduce a wrapped Bitcoin asset, cbBTC, to the Solana network.
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