New Wanchain Bridge Connects Solana to Industry-LeadingChains

Last Updated:
New Wanchain Bridge Connects Solana to Industry-LeadingChains Press Release

Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned.

Wanchain, the industry’s original and longest-running decentralised blockchain interoperability solution, has integrated Solana into its cross-chain infrastructure. The integration means that users will be able to bridge assets between Solana and any of the 35+ other Wanchain-supported chains.

As reported by OKG in March this year, Solana achieved an annual growth rate of 1,816% in daily active users. Momentum has since been bolstered by TradFi payment giants PayPal and Stripe both integrating Solana into their payment systems earlier this year.

As part of Wanchain’s XFlows protocol, which enables native-to-native cross-chain transfers, the project will first make USDC available for transfer to and from Solana. As the bridge to the Solana ecosystem is established, other tokens and accessible routes will be developed and added one by one.

Solana typically lacks connections to some of the most prominent EVMs due to its non-EVM chain design. The Wanchain Bridge, however, will specifically enable access between Solana and the likes of BNB Chain, which will propel Solana’s surging popularity amongst crypto users even further.

 Temujin Louie, CEO of Wanchain, said: “We’re enthusiastic about integrating the Solana chain into our cross-chain infrastructure. Solana’s ecosystem is attracting avid user engagement, and it’s important to serve growing communities with accessible solutions that make transferring assets as simple and eficient as possible.”

Having recently established a b ridge between Polkadot and Cardano, the integration of the Solana network signals Wanchain’s commitment to providing solutions to Web3’s most prominent ecosystems. Cross-chain bridges encourage collaboration and innovation between communities that have previously lacked connection.

Louie added: “We anticipate that this integration will not only facilitate more eficient asset exchange but also serve as the basis for increased innovation between Solana and other prominent ecosystems. Following USDC XFlows, we will also look toward facilitating the exchange of native USDT to and from Solana. Overall, this integration will further enhance the end-user experience of this burgeoning ecosystem.”

Over the past year, Wanchain has integrated over 11 ecosystems into their cross-chain infrastructure, including the likes of Cardano, Base, Blast and Celo.

With Solana joining the list, Wanchain takes a step closer toward their mission to connect all blockchains.

“Ultimately, we envision a future where the world runs on a unified decentralised network of blockchains, built on industry-wide interoperability standards and specifications. This is just another step in the right direction for us,” concluded Louie.

About Wanchain

Wanchain is the longest-running decentralised interoperability solution. Founded in 2017, Wanchain is committed to driving blockchain adoption by unifying isolated networks. While connecting the industry’s siloed networks, Wanchain strives to accelerate the development of a scalable, industry-wide blockchain interoperability standard. To date, Wanchain’s infrastructure connects more than 30 EVM and non-EVM networks while sporting top-grade security and industry-best uptime. For more information, visit wanchain.org.

Media Contact

Ronnie Albone
[email protected]

CoinStats ad

Latest News