Lquidpay Brings Solana Integration — Here’s Why It’s a Game-Changer
Lquidpay has officially rolled out Solana integration, delivering high-speed, low-cost blockchain operations directly into its platform. This update puts users in control with faster transactions, cheaper fees, and uncompromised security — all while keeping the process simple and user-friendly.
Let’s break down what’s new and why it matters.
What’s Included in the Lquidpay–Solana Upgrade
At the heart of this update is the ability to connect a Solana EOA (Externally Owned Account) to your Lquidpay account. This isn’t just a wallet address — it links directly to a Solana smart deposit contract, giving you full and verifiable ownership of your funds.
Here’s how it works:
- You assign a valid Solana EOA.
- That EOA becomes the ownership key for your smart contract deposit.
- You get decentralized, tamper-proof control over your funds — no middlemen, no delays.
The process is simple to set up, but the implications are powerful.
Why Solana Makes a Difference for Lquidpay Users
This isn’t about adding “just another blockchain.” The Solana integration changes the way decentralized banking works on Lquidpay.
- Faster Blockchain Transactions
Solana processes thousands of transactions per second with near-instant confirmations. On Lquidpay, this means deposits and transfers settle almost instantly — even during peak network activity. - Ultra-Low Transaction Costs
Ethereum gas fees can be painful. With Solana, transaction costs are often less than a cent, making day-to-day use far more affordable for both small and large transfers. - Smart Contract-Level Ownership
By linking your EOA, you own your deposit contract on the blockchain. This creates a trustless setup where your funds are secure under your control — not dependent on any central party’s approval.
How to Set Up Your Solana Wallet with Lquidpay
To ensure you get the most out of this integration, follow these steps carefully:
- Choose a WalletConnect-compatible Solana wallet such as Phantom, Solflare, or Backpack.
- Generate your Solana EOA address from the wallet.
- Submit the address via your Lquidpay account settings.
- Avoid unsupported wallets — using them could limit withdrawal capabilities.
Tip: Even if your wallet becomes unsupported later, you can still spend funds directly with your Lquidpay card, though withdrawals might be restricted until you update your wallet details.
A Step Aligned with the Vision of True DeFi
Fintech innovator Shavez Ahmed Siddiqui, the founder of Lquidpay, has long advocated for a form of decentralized banking that is both practical and secure. Integrating Solana into Lquidpay reflects that vision: a faster, more cost-effective, and truly user-controlled banking system.
As he explains:
“Solana gives us the tools to make decentralized banking faster, smarter, and more accessible. This is about solving real problems, not just adding features.”