TL;DR
- Zero-Fee Transactions: Travala.com now supports zero-fee transactions for travel bookings using Solana (SOL), Tether (USDT), and USD Coin (USDC) on the Solana network.
- SOL Rewards: Users can earn up to 10% in SOL rewards through Travala’s Smart Program, making SOL the third reward token available alongside Bitcoin and Travala.com Travel Credits.
- Multi-Chain Expansion: Travala.com has introduced its native token, AVA, on the Solana blockchain, enhancing its accessibility and functionality across multiple chains, including Ethereum and BNB Chain.
Travala.com has announced the integration of the Solana blockchain into its platform. This development allows users to book travel services using Solana’s native token (SOL) and major stablecoins like Tether (USDT) and USD Coin (USDC) on the Solana network.
Watch our CEO @joterovila's talk from @SolanaConf!
Key Points:
– Zero-fee $SOL, $USDC & $USDT travel bookings on #Solana now available
– $AVA deployed on #Solana by @AVAFoundation
– $SOL travel rewards coming soon
– Open Loyalty web3 program on Solana coming soonVideo below👇
— Travala.com 🏨 ✈️ (@travalacom) September 23, 2024
Expanding Payment Options
Travala.com, a leading crypto-native travel booking platform, has expanded its payment options by integrating Solana. This integration enables users to make direct deposits and withdrawals of SOL, USDT, and USDC to their Travala accounts.
The platform now supports zero-fee transactions for travel bookings, enhancing its appeal to cryptocurrency users. As part of this integration, Travala.com is introducing SOL travel rewards.
Users can earn up to 10% in SOL rewards through Travala’s Smart Program, further incentivizing the use of cryptocurrency for travel bookings. This makes SOL only the third reward token available within the loyalty program, alongside Bitcoin and Travala.com Travel Credits.
Travala.com’s Multi-Chain Approach
Travala.com is introducing its native token, AVA, on the Solana blockchain, complementing its current availability on Ethereum and BNB Chain. This strategy of operating across multiple chains is designed to enhance the accessibility and functionality of AVA within the wider cryptocurrency landscape.
The crypto market had a positive response to the announcement, with Travala’s AVA token trading at $0.53, increasing nearly 3% in the last 24 hours, according to data from CoinMarketCap.
The integration with Solana is part of Travala’s strategy to normalize cryptocurrency payments in the travel industry. Travala.com’s expansion comes from a recent partnership with global travel marketplace Skyscanner.
This collaboration exposes Travala’s inventory of 2.2 million hotels to Skyscanner’s 110 million monthly users, positioning the crypto-native platform alongside major travel agencies like Expedia and Booking.com.
Future Developments
The integration extends beyond supporting the Solana network and the upcoming SOL travel rewards. Travala.com plans to build products on the high throughput network to exploit Solana’s scalability and low transaction costs.
Solana will become a cornerstone of Travala.com’s development strategy moving forward, to create products that expand the real-world utility of the Solana ecosystem.
Travala.com’s decision to integrate Solana marks a significant step towards leveraging blockchain technology to enhance the travel booking experience. By offering zero-fee transactions and SOL rewards, Travala.com is setting a new standard for crypto payments in the travel industry.
