Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Travala Expands Crypto Payment Options to Include Solana-Based Tokens

Travala Expands Crypto Payment Options to Include Solana-Based Tokens

CryptoNewsCryptoNews2024/09/23 11:37
By:Ruholamin Haqshanas

Travala users can now book hotels and flights using Solana’s native token.

Last updated:
September 23, 2024 06:15 EDT

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 Gains Traction for its Efficiency

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! ✈️

— Travala.com 🏨 ✈️ (@travalacom) September 21, 2024

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.

This product, currently available on Ethereum and Base, allows users to utilize Bitcoin as collateral in decentralized finance applications while retaining control over their assets.

Just recently, Franklin Templeton, managing over $1.4 trillion in assets, announced plans to launch a mutual fund natively on Solana.

Likewise, Citigroup is exploring the blockchain’s potential for smart contracts and cross-border payments.

Citigroup also sees Solana’s potential for cross-border money transfers and smart contract deployment.

The announcements were made at the Solana Breakpoint 2024 event in Singapore.

Solana Unveils New Seeker Smartphone

Last week, Solana officially introduced its latest smartphone , named “Seeker,” which the company touts as a significant leap forward for Web3 mobile technology.

Priced at roughly half the cost of its predecessor, Seeker aims to attract users with enhanced features and a broader appeal beyond just memecoin enthusiasts.

One of the key features of Seeker is its upgraded decentralized app (DApp) store, which aims to give developers a platform to quickly launch new applications.

Furthermore, the new model’s hardware upgrades are also intended to attract buyers.

The original Saga received criticism for its technical limitations compared to mainstream devices like the iPhone or Google Pixel.

Now, Seeker would come with a higher-quality screen, improved cameras, and a better battery, making it “lighter, brighter, and better” than its predecessor.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

2025 TGE Survival Ranking: Who Will Rise to the Top and Who Will Fall? Complete Grading of 30+ New Tokens, AVICI Dominates S+

The article analyzes the TGE performance of multiple blockchain projects, evaluating project performance using three dimensions: current price versus all-time high, time span, and liquidity-to-market cap ratio. Projects are then categorized into five grades: S, A, B, C, and D. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

MarsBit2025/11/28 16:26
2025 TGE Survival Ranking: Who Will Rise to the Top and Who Will Fall? Complete Grading of 30+ New Tokens, AVICI Dominates S+

Mars Finance | "Machi" increases long positions, profits exceed 10 million dollars, whale shorts 1,000 BTC

Russian households have invested 3.7 billion rubles in cryptocurrency derivatives, mainly dominated by a few large players. INTERPOL has listed cryptocurrency fraud as a global threat. Malicious Chrome extensions are stealing Solana funds. The UK has proposed new tax regulations for DeFi. Bitcoin surpasses $91,000. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.

MarsBit2025/11/28 16:26
Mars Finance | "Machi" increases long positions, profits exceed 10 million dollars, whale shorts 1,000 BTC

How much is ETH really worth? Hashed provides 10 different valuation methods in one go

After taking a weighted average, the fair price of ETH exceeds $4,700.

ForesightNews 速递2025/11/28 15:05
How much is ETH really worth? Hashed provides 10 different valuation methods in one go

Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost

People tend to overestimate what can happen in two years, but underestimate what can happen in ten years.

深潮2025/11/28 14:53
Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost