Kraken Launches On-Chain Trading for 2,500 Solana Tokens

Kraken now lets users trade over 2,500 Solana-based tokens directly in its app, including tokens not listed on any centralized exchange. The feature removes the need for separate wallets or seed phrase management and is available in the US and 100+ countries.

• Kraken users can trade 2,500+ Solana tokens directly in the app without a separate wallet.
• Many of these tokens were previously only available on decentralized exchanges.
• The feature is available in the US and over 100 countries, using USD or USDC.
• Kraken says it removes technical hurdles like gas fees and bridging assets.
• SOL price fell 8% to $68.61 amid the broader market sell-off, unrelated to the launch.

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