Travala Expands Crypto Horizons with New Solana Partnership
- Travala integrated with Solana, allowing bookings with SOL, USDT, and USDC on the Solana network.
- Travala’s loyalty program now offers up to 10% back in SOL, BTC, and AVA tokens, with zero transaction fees for SOL, USDT, and USDC deposits/withdrawals.
- This integration follows Travala’s partnership with Skyscanner, enabling flight bookings with over 100 cryptocurrencies.
Travala, a crypto-friendly travel booking platform has integrated with the Solana blockchain. This means users can book flights and accommodations using Solana (SOL), USDT, and USDC through the Solana blockchain.
CEO Juan Otero announced this at Solana’s Breakpoint, a multi-day event in Singapore. Otero highlighted Solana’s scalability and low fees, making it ideal for the company’s services.
Otero told The Block:
“The Solana network has become one of the most-used blockchains due to its cost-effectiveness and scalability. The technologies that can be harnessed on the Solana network open significant avenues to build the next phase of travel.”
Related: Franklin Templeton and Citigroup Embrace Solana for Cutting-Edge Financial Innovations
That’s not the only important announcement made at Solana’s Breakpoint — the event had highlights from some of the leading decentralised finance (DeFi) projects in the sector. Just to give an idea, Franklin Templeton and Citigroup announced their intentions of integrating the Solana blockchain for upcoming financial services (probably nothing, am I right?).
Boosting Travel Booking with Blockchain
As a benefit of this integration, Travala’s loyalty program will offer users up to 10% back in SOL, BTC, and its native AVA token on each booking. Moreover, users can deposit and withdraw SOL, USDT or USDC on the Solana network directly in and out of their Travala accounts — and without paying a single penny in transaction fees.
Speaking of AVA, the token will also be deployed on Solana as well as the Ethereum and BNB Chain versions of Travala’s token.
Related: Skyscanner, Travala Working on Crypto Payments for Flight Bookings
The news comes a few days after Travala’s partnership with travel marketplace Skyscanner. As Crypto News Australia reported, this integration boosted the company’s utility services with crypto, allowing users to book flights using more than 100 cryptocurrencies.
Travala was founded in 2017 as a crypto-friendly travel platform. It is arguably the first to combine travel and accommodations with blockchain and cryptocurrency. It has grown to offer 2.2 million properties in, well, practically all countries you can think of.