PayPal Expands U.S. Crypto Access as SOL, LINK Surge Amid Mixed Reactions for SHIB, XRP, BTC

PayPal is reportedly allowing its U.S. customers to access Solana (SOL) and Chainlink (LINK), leading to noticeable price increases of 1.8% and 2.5% respectively. This move represents a further advancement in PayPal’s ongoing involvement in the crypto sector, following its earlier steps to enable bitcoin and other major altcoins trading, as well as the planned launch of its PYUSD stablecoin on Solana. In other crypto news, Shiba Inu (SHIB) suffered a dramatic 83% drop on a crucial metric, while XRP set a record 24-hour movement of 1.1 billion tokens, signaling heightened market activity and volatility. Bitcoin (BTC) received mixed signals: Michael Saylor issued a bullish call for more Bitcoin while analyst Mike McGlone forecasted a bearish turnaround below $10,000. These developments underline a diverse market response as institutional efforts and user sentiment continue to shape crypto valuations, with some altcoins benefiting from broader adoption and others experiencing significant short-term disruptions.