According to reports, payment giant PayPal is actively monitoring the first and second tier networks that handle expanded payments, including Ethereum, Polkadot, Solana, and Algorand. The platform is studying how these networks and their currencies can adapt to its scalable payment infrastructure. s plan. As previously reported, PayPal announced in September of this year that it officially supports British users to trade Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Soon after, PayPal's Venmo Wallet expanded its encryption service and launched a new cashback tool.