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Coinpaper 2025-12-03 21:38:36

Revolut Adds Solana Payments as Network Activity Rises

Revolut has expanded its crypto payment tools by integrating Solana for direct transfers, withdrawals, and staking. The move strengthens Solana’s presence in the global fintech sector and reflects growing interest in low-cost, high-speed blockchain payments. Solana’s Payments Reach Extends Across Major Fintech Players Solana continues to enter mainstream financial apps as companies search for networks that support high-volume payments. Cash App, Venmo, and Western Union already use Solana in different phases. Hence, the list of major brands experimenting with the network keeps expanding. Cash App plans to add USDC payments in early 2026, while Stripe already settles USDC on Solana. Additionally, Solana developers are testing new payment products built for mobile users. Native wallets now offer simple tools for everyday transfers. Revolut previously supported SOL only for investments and trading. The latest update adds P2P payments and withdrawals, which gives users more flexibility. Moreover, the expansion arrives during a period of rising interest from both retail users and fintech firms. Market Reaction and Liquidation Spike Solana’s price traded near $141.22 after gaining 1.66% in the last 24 hours. Volumes reached nearly $5.8 billion as traders returned to the market. However, the token remains slightly lower over the week. Short sellers faced notable losses as prices recovered. Nearly $60 million in SOL shorts were liquidated in the last 24 hours. On-chain liquidation volume reached $39 million, while centralized exchanges recorded $19 million in liquidations. The shift shows rising activity across Solana’s perps markets. Technical Setup Points to a Possible Push Toward $146 Analyst Morecryptoonl noted that Solana currently tests a micro support zone near $133 to $137. The level matches the 38% to 50% retracement area. Source: X Holding this region keeps the trend constructive and supports another move higher. A clean break above $138.20 could confirm renewed strength. Additionally, Fibonacci projections show potential targets between $144 and $146. Losing the $133 floor could shift attention toward deeper support near $117. Hence, traders monitor this range as Solana attempts to maintain stability.

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