#BuyTheDipOrWaitNow? ABD-based national bank licensed financial institution SoFi has begun supporting the Solana network.

The bank announced that its 13.7 million customers can now deposit Solana (SOL) tokens directly through the banking app.

In a statement from SoFi, it was noted that users can now make direct SOL deposits via the Solana network. The bank, as a federally licensed US bank, stated that it is one of the first institutions where individuals can buy, sell, and store cryptocurrencies within a single app.

Thanks to the new integration, SoFi customers will be able to send SOL tokens directly from external wallets to their SoFi crypto accounts. This way, users can manage their assets not only through intermediary-like price tracking or indirect investment tools but also through on-chain transfers directly on the blockchain.

Within the SoFi app, users will be able to buy, sell, and store SOL, and view their balances alongside checking accounts, savings accounts, and other financial products through a single interface. This step stands out as a rare integration among institutions in the US with a national bank license.

INVESTMENT ADVICE NOT GUARANTEED
$SOL $IONX $GT