Kalshi, the predictor of the stock markets, made a public statement that it is capable of accepting the Solana (SOL) cryptocurrency to finance its customers’ accounts. The introduction of the former is a supplement to the list of existing digital coins which are also permissible on the platform, such as USD Coin and others.
While Kalshi already supported some cryptocurrency deposits, bringing Solana onboard significantly expands crypto flexibility for its users. This is something not yet seen at traditional gaming and sportsbook companies. With crypto interest growing globally, the ability to offer easy crypto deposits could spur further user growth for Kalshi.
Solana itself is the sixth-largest cryptocurrency by market value. It’s described as an alternative to Ethereum, one of the world’s top cryptos. Solana gained nearly 6% over the past week, showing its strength in the crypto world.
Beyond crypto, Solana is expanding into other technologies as well. Its network aims to launch a second-generation Solana smartphone later this year, building on an earlier Android model. If successful, the new Solana Seeker phone could drive further adoption of Solana’s blockchain and crypto offerings.
Editor-in-chief and creator Cole Smith of casinocurrencies.com, has extensive experience with casino payment systems, The site was created to provide an honest and trustworthy resource for online gambling players.