$SOL partner with @MoneyGram! Ramps is now live on @solana, giving apps and wallets direct cash access across 25+ countries for deposits and 170+ for withdrawals. We've already seen what MoneyGram's long-term partnership brought to @StellarOrg. Now that same 100 year old

What happened

Solana (SOL) announced a partnership with MoneyGram, launching the Ramps service on its blockchain. The service lets applications and wallets deposit cash in over 25 countries and withdraw cash in more than 170 countries.

Confirmed

Global impact / market context

Providing direct fiat access lowers barriers for users, encouraging more people to try Solana apps, potentially boosting transaction volume and fee earnings while enhancing the network’s credibility by tying it to a trusted, century‑old money‑transfer brand.

Analyst inference

Crypto platforms are racing to add on‑ramps that turn cash into digital assets as regulators focus on consumer protection. By linking with MoneyGram, Solana joins other blockchains seeking mainstream adoption and may gain a competitive edge.

Analyst inference

What to watch

1. Track how quickly dApp developers and wallet providers integrate Ramps, measured by the number of active users and transaction volume on Solana’s network over the next quarter. Analyst inference
2. Watch for changes in SOL fee revenue as cash deposits and withdrawals generate new usage patterns, potentially raising the token’s utility and demand. Analyst inference
3. Monitor regulatory feedback in key jurisdictions where MoneyGram operates, since compliance requirements could affect the speed or cost of cash‑on‑ramps for Solana users. Analyst inference

Affected assets

• SOL — Solana

Evidence

• x.com