Markets › News › DeFi

Polygon Labs Expands Open Money Stack to Solana for Enhanced Payment Solutions

Polygon Labs has integrated its Open Money Stack with Solana, enabling streamlined payment infrastructure for businesses.

Polygon Labs has integrated its Open Money Stack with Solana, enabling streamlined payment infrastructure for businesses. Solana (SOL) is trading at $100.48, down 0.1% since this brief published. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Thu, 29 Oct 2026 14:00:04 UTC.

Why it matters

This integration significantly enhances payment capabilities on Solana by providing a unified solution for bank connections, digital wallets, cross-chain transfers, and global payouts, potentially boosting adoption and transaction volume.

Key takeaways
  • Polygon Open Money Stack now supports Solana, offering integrated payment solutions.
  • Cross-border firm Kira is among the first adopters of the new integration.
  • Solana businesses can access bank funding, wallets, transfers, and payouts through a single integration.
  • Solana's market cap stands at $59.36B, with a 24h price change of -0.78%.

Polygon Labs has announced the expansion of its Open Money Stack payment infrastructure to the Solana blockchain. This integration allows businesses to connect bank accounts, digital wallets, facilitate cross-chain transfers, and manage global payouts through a single integration.

The move aims to simplify and enhance payment solutions on Solana by providing a unified platform for various financial operations. This integration is expected to boost the adoption of blockchain-based payment systems by offering a more streamlined and efficient process.

According to Crypto.news and Decrypt, the integration is already seeing interest from businesses, with cross-border firm Kira being among the first adopters. This suggests that the market is receptive to the new capabilities offered by the Open Money Stack on Solana.

The integration comes at a time when Solana's ecosystem is growing, with the blockchain known for its high-speed and low-cost transactions. The addition of Polygon's payment infrastructure could further enhance Solana's appeal to businesses looking for efficient payment solutions.

As of the latest data, Solana's market cap is $59.36B, with a 24-hour price change of -0.78%. The broader crypto market remains relatively flat, with a total market cap of $2.76T. The Fear & Greed Index stands at 51, indicating a neutral market sentiment.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Solana (SOL) has moved from $100.62 to $100.48 — -0.14%.

$100.46$100.51$100.55$100.59$100.64 published · $100.62 now · $100.48 (-0.14%) Oct 29 13:00 UTC Oct 29 14:01 UTC
BeforeSince publishPublished · $100.62

The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 SOL ≈ ₦138,973.39 (about $100.48), down 0.5% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#7
$100.48 ▼ 0.53%
-0.14% since this brief published
7d -3.81%MCap $59.27BFull SOL data →
The market when this published · October 29, 2026
Total market cap$2.76T
Bitcoin 24h-0.66%
Ethereum 24h-0.50%
BTC dominance58.5%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 29, 2026.

Polygon TVL$2.74B+0.9% 7dDeFiLlama ↗
SectorCross-chain bridges$12.38Bacross 31 protocolsDeFiLlama ↗
Solana DeFi TVL$5.65BDeFiLlama ↗
Polygon DeFi TVL$691.73MDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Polygon Labs Expands Open Money Stack to Solana for Enhanced — questions & answers

What is the Open Money Stack?

The Open Money Stack is a payment infrastructure by Polygon Labs that allows businesses to connect bank accounts, digital wallets, facilitate cross-chain transfers, and manage global payouts.

How does this integration benefit Solana?

This integration provides Solana businesses with a unified solution for various financial operations, potentially boosting adoption and transaction volume on the blockchain.

Who are the first adopters of the new integration?

Cross-border firm Kira is among the first adopters of the Open Money Stack on Solana.

How much is 1 Solana worth in naira today?

About ₦138,973.39 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $100.48. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.

Has Solana's price moved since this brief was published?

SOL is down 0.14% since this brief first published — trading at $100.48 now versus $100.62 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 29, 2026 ⛓ Timestamped at Bitcoin block #973,692 sha256:f768842cdc9ad181
Based on reporting by Crypto.news — this is an original TLT summary with live market data, not the original article.Crypto.news · Oct 29 13:00 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.