Solana-Powered Stablecoin Payments Gain FCA Approval: Sling Money’s Regulatory Milestone

In a significant development for the UK's digital asset ecosystem, Sling Money—a digital payments platform operated by Avian Labs—has secured regulatory approval from the Financial Conduct Authority (FCA) to offer stablecoin-based payment and conversion services. This authorization, granted as of late 2025, marks a pivotal step toward mainstream adoption of blockchain-based financial solutions in a major global market. The approval enables Sling Money to facilitate cross-border transactions using regulated stablecoins, specifically USDP (Paxos Dollar) and EURC (Euro Coin), with settlements executed on the Solana blockchain. This infrastructure promises near-instant transaction finality, addressing one of the traditional pain points in international remittances: speed and cost. The FCA's endorsement signals growing regulatory comfort with specific blockchain infrastructures and asset types, particularly those that demonstrate stability, transparency, and robust compliance frameworks. By choosing Solana as the settlement layer, Sling Money leverages its high throughput and low transaction costs, making micro-payments and frequent remittances economically viable. This move is strategically timed, as global demand for efficient, low-cost cross-border payment solutions continues to rise, especially among migrant workers, freelancers, and small businesses operating internationally. For the broader cryptocurrency market, especially within the finance sector, this development is profoundly bullish. It represents a concrete example of regulatory alignment with innovation, where a respected financial authority like the FCA recognizes and sanctions a real-world use case for digital assets. The focus on regulated stablecoins mitigates volatility concerns, making the service palatable to a wider audience while still utilizing the underlying blockchain's efficiency. This could set a precedent for other jurisdictions, accelerating the integration of blockchain technology into traditional payment rails. Furthermore, the choice of Solana as the underlying blockchain highlights its growing utility in institutional and regulated financial applications. As more regulated entities build on Solana, its network effect and credibility increase, potentially driving greater adoption and value accrual to the SOL ecosystem. For investors and practitioners, this news underscores the trend of convergence between traditional finance and decentralized infrastructure, where scalability, compliance, and user experience are no longer mutually exclusive. The authorization paves the way for more licensed services to emerge, fostering a competitive, innovative, and consumer-friendly digital payments landscape in the UK and beyond.

Sling Money Secures FCA Approval for Stablecoin Payments in UK

Sling Money, a digital payments platform by Avian Labs, has obtained regulatory approval from the UK's Financial Conduct Authority (FCA) to offer stablecoin-based payment and conversion services. The authorization enables cross-border transactions using regulated stablecoins like USDP (Paxos Dollar) and EURC (Euro Coin), with near-instant settlements via the solana blockchain.

The service targets international remittances, offering lower fees than traditional banks and supporting local currency withdrawals in 80 countries. Solana's high-performance infrastructure ensures rapid transaction finality, while 1:1 fiat-pegged stablecoins mitigate volatility risks.

This development signals growing institutional acceptance of blockchain-based payment solutions, particularly in jurisdictions with clear crypto regulations. The FCA's endorsement reinforces stablecoins' role in bridging traditional finance and digital asset ecosystems.

Solana Tests Key Support as Traders Watch for Trend Reversal

Solana's price action has reached a critical inflection point after months of downward pressure. The $118–$120 support zone has now been tested multiple times, with each dip met by buyers—a sign that selling exhaustion may be setting in. While the broader trend remains bearish, the compression into a reversal wedge pattern suggests weakening downside momentum.

Technical indicators hint at a potential shift. A bullish RSI divergence on the 4-hour chart coincides with the formation of a double-bottom-like structure on daily timeframes. These early signals suggest Solana may be building a base for recovery, though confirmation requires a break above the descending trendline currently capping prices.

The cryptocurrency's performance mirrors broader market uncertainty, with traders weighing whether this consolidation represents accumulation before a rally or merely a pause in the downtrend. For now, the $118 level remains the line in the sand—a hold above it keeps the corrective bounce scenario alive.

Solana Tests Critical Support Amid Signs of Seller Exhaustion

Solana (SOL) hovers NEAR a decisive demand zone at $119–$120 after weeks of descending channel pressure. The cryptocurrency's ability to defend this level—marked by weakening sell volume—suggests short-term exhaustion among bears. Technical charts now hint at a potential rebound toward $170–$190 if buyers reclaim the $123–$126 threshold.

Analysts note the descending channel's lower boundary has repeatedly absorbed selling pressure since December 2025. Tapering volume spikes imply distribution may be losing steam, though confirmation requires sustained momentum above resistance. Market participants await either a bullish breakout or further consolidation.

Higher timeframes reveal weekly cycle support, opening a path for corrective upside. Traders eye the $190 region as a litmus test for whether Solana's relief rally can gain traction. Failure to hold $120, however, risks accelerating declines toward next-tier liquidity zones.

Solflare Wallet Integrates Kalshi Prediction Markets for Solana Mobile Users

Solflare has streamlined decentralized forecasting by embedding Kalshi's prediction markets directly into its Solana mobile wallet. The integration allows users to trade tokenized contracts on real-world events—from political outcomes to sports results—without exiting their self-custodial environment.

Leveraging Kalshi's infrastructure, the feature supports liquidity for speculative or hedging positions. The MOVE follows Solflare's recent expansion at Solana Breakpoint 2025, where it unveiled Magic AI for on-chain task automation.

Prediction markets now join tokens and NFTs as tradable assets within the wallet, capitalizing on Solana's high-speed ecosystem. "The future is NOW," declared Solflare's tweet, emphasizing real-time market reactions to unfolding events.