SoFi Becomes First US Chartered Bank to Support Solana Deposits

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.

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.

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.