Travala Integrates Solana Blockchain: Zero-Fee Crypto Travel Bookings Now Live
September 23, 2024At the Solana Breakpoint conference in Singapore on September 21, 2024, Travala CEO Juan Otero announced the integration of the Solana blockchain into Travala's platform.
This integration expands Travala's cryptocurrency payment options for booking hotels and flights, generating excitement among crypto investors and enthusiasts.
With this new feature, users can enjoy zero-fee transactions and the ability to deposit and withdraw supported tokens directly on their Travala accounts.
Looking ahead, Travala plans to introduce SOL travel rewards to further enhance the user experience.
The Solana blockchain is known for its high-speed transactions and lower fees, making it a favorable choice for decentralized applications compared to Ethereum.
This integration aligns with the growing popularity of Solana, especially following Coinbase's announcement to bring wrapped Bitcoin, known as cbBTC, to the Solana network.
The cbBTC asset, which allows users to leverage Bitcoin for decentralized finance applications, was previously launched on the Ethereum and Base networks.
Summary based on 2 sources
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Sources
Cointelegraph • Sep 23, 2024
Crypto-native travel agency launches Solana-based tokens and rewardsCoinJournal • Sep 23, 2024
Travala integrates Solana, enabling bookings via SOL, USDT, and USDC - CoinJournal