- Travala integrates Solana, offering users 3M+ travel bookings with SOL, USDT, and USDC, plus up to 10% SOL rewards.
- Solana’s zero-fee transactions and scalability boost Travala’s platform, marking it a key blockchain for future travel services.
- In spite of US regulatory obstacles, Citibank investigates Solana for international trading, demonstrating the platform’s increasing significance.
Solana has been included by Travala in its SOL, USDT, and USDC platforms to facilitate the booking of over 3 million travel-related products. CEO Juan Otero made the announcement and emphasized the upcoming introduction of travel incentives centered in Solana during the Solana Conference. As Travala expands its support to a third blockchain network beyond Ethereum and BNB Chain, this integration marks a turning point.
Travel Rewards and Enhanced Booking Options
Besides the ability to book flights and accommodations, users will enjoy up to 10% off SOL travel rewards through Travala’s loyalty program. Moreover, rewards in BTC and Travala’s native token, AVA, remain available for users, ensuring diverse earning opportunities. The addition of Solana follows a community vote to deploy AVA on Solana, alongside Ethereum and BNB Chain.
Integrating Solana assets enhances the Travala ecosystem, offering cost-effective, scalable, and zero-fee transactions. It is now simple for users on the Solana network to deposit and withdraw SOL, USDT, and USDC.
Travala is also a key component of the platform’s future expansion initiatives because of its dedication to integrating Solana. The company plans to develop new products that expand the real-world utility of Solana within the travel industry.
This breakthrough is noteworthy since it happened soon after Travala and Skyscanner partnered to allow hotel reservations in more than 100 cryptocurrencies. Travala’s expanding importance in the travel industry is highlighted by this agreement, which places its inventory alongside well-known travel websites like Expedia and Booking.com. Further improving its scalability—a crucial component of Travala’s potential future growth—is the integration with Solana.
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Solana’s Growing Role in Blockchain and Finance
Citibank is looking at Solana’s potential for international trade, which adds to the appeal of the blockchain. Not to mention, Solana’s speed and scalability make it a desirable choice for businesses such as Citibank and Franklin Templeton.
Regulations still stand in the way, though, especially in the US, where the SEC is still hesitant to approve ETFs headquartered in Solana. However, Solana’s increasing prominence in the blockchain is indicated by its ongoing integration with significant financial systems and platforms such as Travala.
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