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DeFi News

$SOL Token Launches on Avalanche Using Wormhole Bridge

Users can now transfer $SOL unlocking access to Avalanche’s DeFi ecosystem and subnets while maintaining SOL’s native properties.

Written By:
Dishita Malvania

Reviewed By:
Dhara Chavda

Last updated: June 6, 2025 6:47 PM
Published June 6, 2025 5:08 PM
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Last updated: June 6, 2025 6:47 PM
Published June 6, 2025 5:08 PM
$SOL Token Launches on Avalanche Using Wormhole Bridge

Solana’s native token, $SOL, is now live on Avalanche, powered by Wormhole’s Native Token Transfers (NTT) framework. The update was announced Thursday by the Wormhole team via X.

💥 @Solana's native asset $SOL is now available on Avalanche, powered by Wormhole NTT.

Transfer $SOL to @Avax now: https://t.co/0IWV0NbaOV pic.twitter.com/jaa9F9Bu9T

— Wormhole (@wormhole) June 5, 2025

Users can now transfer $SOL from the Solana network to Avalanche using the Wormhole Portal Bridge, unlocking access to Avalanche’s DeFi ecosystem and subnets while maintaining SOL’s native properties.

Wormhole’s new tech lets SOL move to other blockchains without being wrapped. It stays in its original form, which makes transfers safer and more straightforward. The system is open-source and already running across several live projects.

Now that SOL is on Avalanche, users can trade, lend, or use it in DeFi apps across the Avalanche ecosystem. Avalanche also lets developers build their own blockchains, giving SOL more room to be used outside its home network.

Solana, known for its speed and low fees, continues to be one of the most active blockchains in crypto. Connecting to Avalanche through Wormhole gives it a new layer of reach without changing how the token works or affecting performance.

As of the update, SOL was trading at $148, down 1.89% in the last 24 hours. AVAX was priced at $19.43, down 3.37%, while Wormhole’s token, $W, was trading at $0.0711, down 5%.

The integration reflects Wormhole’s broader strategy to standardize native token transfers across major blockchains. Its infrastructure has become one of the leading bridges for enabling seamless asset movement in the multichain world.

Also Read: Trump-Backed WLFI’s USD1 Stablecoin Goes Live on BounceBit

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Solana (SOL)
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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
Follow:
Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
Follow:
Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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