Crypto-friendly travel booking platform Travala has announced its integration with the Solana Blockchain, allowing users to book flights and accommodation using SOL, USDT, and USDC.
Important Statements from Travala’s CEO
Travala CEO Juan Otero announced the news at Solana’s Breakpoint event in Singapore. Otero emphasized that Solana’s scalability and low transaction fees are ideal for the company.
“The Solana network has become one of the most widely used blockchains due to its cost-effectiveness and scalability. The technologies available on the Solana network present significant opportunities for building the next phase of travel,” Otero said in a statement.
New Opportunities in the Rewards Program
With this integration, Travala’s loyalty program will also be expanded. Users will receive up to 10 percent cashback in SOL, BTC, and Travala’s mainnet asset AVA coin on every booking. Users will also be able to deposit and withdraw SOL, USDT, or USDC into their Travala accounts and avoid any transaction fees.
The AVA coin will also be available on the Solana network. Thus, Ethereum $2,653 and AVA coins on the BNB Chain will also be moved to the Solana network.
Skyscanner Partnership and Crypto Payments
Travala also recently partnered with travel marketplace Skyscanner, which allows users to book flights with over 100 cryptocurrencies. The move is seen as part of the company’s goal of expanding its crypto travel offerings.
Founded in 2017, Travala is a pioneer in the industry as a crypto-friendly travel platform. One of the first platforms to combine blockchain and cryptocurrencies with travel and accommodation services, Travala offers bookings at over 2.2 million properties worldwide.
Solana’s Breakpoint event featured not only Travala’s announcements but also major announcements from industry-leading DeFi projects, such as Franklin Templeton and Citigroup announcing plans to integrate their financial services with the Solana Blockchain.
Travala’s integration with Solana is a significant contribution to the company’s goal of further popularizing cryptocurrencies in the travel industry. Lower transaction costs for users and faster transactions are encouraging the use of cryptocurrencies in travel bookings.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
