OnePay Listing of Solana and Arbitrum Doesn't Move Prices Significantly

OnePay, a payments app backed by Walmart, started selling Solana and Arbitrum in March 2026. Six months later, both tokens rallied, with Arbitrum rising about 137% to around $0.20 and Solana climbing to $118, marking a 66% gain.

This raises the question: does a token's presence in a Walmart-supported app affect its price? OnePay selected assets based on factors like demand, liquidity, regulatory clarity, and long-term utility, according to general manager Ron Rojany. The listing only made it easier for users to buy these tokens, not more wanted.

Arbitrum fell 24% to a record low of $0.0705 three months after the OnePay listing, but its price rebounded by September. Solana's price trajectory followed a similar path, with a 48% increase over 90 days and a 66% increase over the last 60 days.

A listing on a platform like OnePay mainly improves accessibility, making it easier for users to buy a token. It does not directly translate to increased demand, which reflects how many people want a token and the amount of investment they are willing to make.