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Major US bank SoFi has now announced support for Solana Network deposits. This means that the bank’s 13.7 million users can send Sol directly to their SoFi cryptocurrency accounts from external wallets.
The US-licensed bank announced the update via the X platform, and stated that users can buy, sell and hold Sol in the SoFi app.
Prime access to Solana for US banking customers
SoFi actually allows direct on-chain deposits to a major public blockchain at a regulated national bank. It allows users to manage their balances with current and savings accounts and other financial products in a single interface.
The move expands SoFi’s digital asset offering beyond brokerage-style exposure. It connects a traditional bank card with a live blockchain network, which is still rare among American banks with a national card.
Important arrival in the United States for Solana
SoFi started as a student loan refinancing platform in 2011 and later received a national bank card. It has become a medium-sized US bank with assets exceeding $50 billion and deposits in the tens of billions.
Although it is much smaller than the giants of Wall Street, it is among the largest digital banks in the country.
The company’s name extends beyond the financial sector. SoFi holds the naming rights to SoFi Stadium in Inglewood, California.
The venue will host Super Bowl LVI in 2022 and WrestleMania 39 in 2023. It is also scheduled to host several matches during the 2026 FIFA World Cup, and will play a pivotal role in the 2028 Los Angeles Olympics.
The addition of Solana deposits in this context indicates a deeper integration between the US public banking infrastructure and blockchains.
It allows customers regulated by the bank to move assets directly on the chain while remaining within the framework of traditional banking.
