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    You are at:Home»Cryptocurrency»SoFi Becomes First US Chartered Bank to Support Solana Deposits
    Cryptocurrency

    SoFi Becomes First US Chartered Bank to Support Solana Deposits

    TechAiVerseBy TechAiVerseFebruary 28, 2026No Comments3 Mins Read2 Views
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    SoFi Becomes First US Chartered Bank to Support Solana Deposits
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    SoFi Becomes First US Chartered Bank to Support Solana Deposits

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    • SoFi bank now allows direct Solana (SOL) network deposits in its app.
    • It becomes one of the first US national banks to enable on-chain crypto transfers.
    • The move tightens the link between regulated banking and public blockchains.

    Major US Bank SoFi now supports Solana network deposits. This means 13.7 million users of the bank can send SOL directly to their SoFi crypto accounts from external wallets. 

    The US-chartered bank announced the update on X, stating users can buy, sell and hold SOL inside the SoFi app.

    SoFi 🤝Solana. Simple.

    SoFi now supports @Solana network deposits! As the first national chartered bank where individuals can buy, sell and hold crypto, we’re helping you manage your SOL right in the SoFi app. Start now! https://t.co/qPEfHQATW1

    — SoFi (@SoFi) February 27, 2026

    Major Solana Access For US Banking Customers

    In practice, SoFi is enabling direct on-chain deposits for a major public blockchain within a regulated national bank. Users can manage balances alongside checking, savings and other financial products in a single interface.

    The move expands SoFi’s digital asset offering beyond simple brokerage-style exposure. It connects a traditional bank charter with a live blockchain network, which remains rare among nationally chartered US banks.

    An Important US Access for Solana

    SoFi began as a student loan refinancing platform in 2011 and later secured a national bank charter. It has grown into a mid-sized US bank with more than $50 billion in assets and tens of billions in deposits. 

    While far smaller than Wall Street giants, it ranks among the larger digital-first banks in the country.

    The company’s brand extends beyond finance. SoFi holds naming rights to SoFi Stadium in Inglewood, California. 

    The venue hosted Super Bowl LVI in 2022 and WrestleMania 39 in 2023. It is also scheduled to host multiple matches during the 2026 FIFA World Cup and will play a central role in the 2028 Los Angeles Olympics.

    The Famous SoFi Stadium in California. Source: HKS

    Against that backdrop, adding Solana deposits signals deeper integration between US banking infrastructure and public blockchains. 

    It allows regulated bank customers to move assets directly on-chain while staying inside a traditional banking framework.

    Disclaimer

    In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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    Jonathan is a tech enthusiast and the mind behind Tech AI Verse. With a passion for artificial intelligence, consumer tech, and emerging innovations, he deliver clear, insightful content to keep readers informed. From cutting-edge gadgets to AI advancements and cryptocurrency trends, Jonathan breaks down complex topics to make technology accessible to all.

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