Paysafe announces that Skrill and NETELLER customers can now buy and sell Solana, one of the top-rated cryptocurrencies on the market and one of the most high performing smart contract blockchains. Solana can also be bought or sold directly against fiat thanks to the integration to the Skrill and NETELLER cryptocurrency services from Paysafe.

With an active ecosystem of DeFi and NFT projects, Solana is a blockchain platform that uses SOL tokens. As as a Proof-of-Stake (PoS) blockchain, Solana’s focus lies in being heavily optimised for parallel processing and fast networking. Solana claims to be able to process a rapid 50,000 transactions per second without compromising its decentralisation.

Now, Skrill and NETELLER users can manage their Solana portfolio directly in-app. Like with the other 37 cryptocurrencies available on the two digital wallet apps — including Bitcoin, Ethereum, Chainlink, Uniswap — users can set up custom price alerts to notify them of major movements, as well as set up automated and/or recurring purchases.

The offering is now live in all countries where the Skrill and NETELLER cryptocurrency services are currently available across Europe, Asia and Latin America. It has not yet launched in the U.S.

“Solana is a very exciting addition to our growing crypto offering for both Skrill and NETELLER,” said Jordan Stoev, Head of Crypto, Skrill and NETELLER, at Paysafe. “Solana is growing at a rapid pace, not just in value but in developer attention and the variety of projects building on it. With its high performance and ecosystem support, we believe many of our users will be excited about the opportunity to buy and sell this currency.”