SoFi Bank today announced support for direct deposits on the Solana network. The move allows its 13.7 million members to transfer SOL tokens straight from external wallets into their SoFi Crypto accounts — all directly within the SoFi mobile banking app.

The feature makes SoFi the first U.S. nationally chartered bank to offer native on-chain Solana deposits. Customers can now send SOL directly to their SoFi accounts, bypassing centralized exchanges or cumbersome intermediaries, while keeping their crypto holdings alongside FDIC-insured checking, savings, investing, and borrowing products in one seamless interface.

This builds directly on SoFi Crypto’s launch in November 2025, when the bank became the first and only nationally chartered, FDIC-insured institution to let consumers buy, sell, and hold dozens of cryptocurrencies — including Bitcoin, Ethereum, and Solana — straight from their SoFi Money accounts without moving funds elsewhere.
Solana’s reputation for lightning-fast transactions and ultra-low fees has fueled its rise as a leading blockchain for DeFi, NFTs, payments, and high-throughput applications. Direct network deposits remove a major barrier for everyday users, enabling instant, low-cost on-chain transfers within a fully regulated banking environment.