World Series of Poker adds Solana payments for tournament buy-ins

World Series of Poker adds Solana payments for tournament buy-ins

Source: CoinDesk

Published:13:00 UTC

BTC Price:$61605.5

#sol #wsop #cryptopayments

Analysis

Price Impact

Med

The integration of solana payments into the world series of poker, a major live gaming event, is a positive development for solana's adoption and utility. it signals growing acceptance of crypto in traditional entertainment and could attract new users to the solana ecosystem. however, the direct impact on sol's price might be moderate as it's a niche use case and the volume of transactions for tournament buy-ins, while significant for the event, may not be substantial enough to cause a major price surge on its own.

Trustworthiness

High

Price Direction

Bullish

This news is bullish for solana as it demonstrates real-world utility and adoption in a significant event. increased usage and visibility within the poker community could lead to more demand for sol, especially if winners opt for payouts in solana-based stablecoins, further integrating the ecosystem. it also positions solana as a viable payment solution for large-scale events.

Time Effect

Long

While there might be some short-term positive sentiment, the long-term effect will depend on the success of this integration, the adoption rate among wsop players, and whether similar partnerships emerge in other major events. if this proves successful, it could pave the way for broader adoption of solana for payments in the gaming and entertainment sectors.

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Tech Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email World Series of Poker adds Solana payments for tournament buy-ins The move marks an integration of blockchain-based payments into a major live sporting and gaming event. By Margaux Nijkerk | Edited by Jamie Crawley Jun 10, 2026, 1:00 p.m. 1 min read Make preferred on What to know : The World Series of Poker is introducing Solana-powered crypto payments, allowing players to buy into tournaments with digital assets through MoonPay starting at this year's WSOP in Las Vegas. The rollout will expand to WSOP Paradise in the Bahamas this December, where winners can opt to receive payouts in Solana-based stablecoins, bringing blockchain payments to one of the world's biggest poker events. The World Series of Poker (WSOP) is bringing cryptocurrency payments to its global tournament circuit by teaming up with the Solana Foundation. The world's largest and most prestigious poker tournament series will allow players to use Solana-based payments, powered by MoonPay, to buy into tournaments with no processing fees, starting at the WSOP in Las Vegas. Blockchain-based payments will then expand at WSOP Paradise in the Bahamas this December, where winners will have the option to receive payouts in stablecoins on Solana. The move marks a noteworthy integration of blockchain-based payments into a major live sporting and gaming event, potentially streamlining cross-border transactions for the WSOP's international player base. WSOP CEO Ty Stewart said this aims to modernize payments for players. "We are incredibly proud to bring such an innovative and passionate community into the fold," Stewart said. "Solana's ecosystem, like the WSOP, constantly challenges conventions and remains laser-focused on the consumer experience." Read more: Solana is shedding its memecoin reputation as big banks move billions into its ecosystem Solana News More For You A 'Bitcoin DeFi' project just shut down with a brutal post-mortem: Users just didn't care By Jamie Crawley | Edited by Aoyon Ashraf 1 hour ago "It did not work," Botanix said. "At lest not in this market and not in this timeline." What to know : Bitcoin layer-2 network Botanix is being wound down a year after its mainnet went live. "It did not work," Botanix said. "At least not in this market and not in this timeline." This post-mortem may raise questions about the broader viability of the Bitcoin development sector, which includes other layer-2s... Read full story Latest Crypto News U.S. inflation meets expectations, reinforcing Fed's higher-for-longer stance 18 minutes ago A 'Bitcoin DeFi' project just shut down with a brutal post-mortem: Users just didn't care 1 hour ago The inflation scenario that could send bitcoin tumbling below $60,000 1 hour ago Zcash, Hyperliquid tokens lead losses as traders bet against a bitcoin bounce 2 hours ago Japan's three largest banks aim for joint stablecoin issue by March 3 hours ago XRP market shows signs of capitulation as holders sell at loss 4 hours ago Top Stories Live updates: Bitcoin and stocks trim big early losses after soft U.S. inflation data 7 hours ago Elon Musk's SpaceX IPO is four times oversubscribed. A crypto bet tells a more cautious story 5 hours ago Bitcoin ETFs are no bigger today than when Trump won the election 7 hours ago Come back after the summer, says one analyst on crypto markets 22 hours ago Bitcoin and gold fall together as a rate-hike bet hits every hedge 7 hours ago Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns 15 hours ago