Oh, the glorious wonders of technology! On a bright Thursday, the mysterious forces of the crypto world have conspired to bring Solana’s native token, $SOL, to the frosty lands of Avalanche. All thanks to the Wormhole team’s wizardry with their Native Token Transfers (NTT) framework. And who, pray tell, announced this development? Why, none other than the grandiose Wormhole team themselves on X.
💥 @Solana’s native asset $SOL is now available on Avalanche, powered by Wormhole NTT.
Transfer $SOL to @Avax now:
— Wormhole (@wormhole) June 5, 2025
Yes, dear reader, now you can do the unthinkable: send $SOL from the Solana network to Avalanche using the mystical Wormhole Portal Bridge. And what do you gain, you ask? Access to the DeFi kingdom of Avalanche and its subnets, all while maintaining the purity of SOL’s native properties. No need to wrap it up in some fancy new packaging. It’s as safe and straightforward as a trip to your favorite bakery.
Wormhole’s innovation means that SOL doesn’t need to undergo the tedious and messy wrapping process when it ventures to new blockchains. It stays exactly as it is – as glorious and untainted as the moment it was created. This, dear friend, is the way of the future. Open-source and already part of several live projects. You can almost hear the triumphant music playing in the background.
But wait, there’s more! Now that $SOL is gallivanting across the Avalanche landscape, it can be traded, lent, or used in DeFi apps across the Avalanche ecosystem. And what’s this? Avalanche, a true champion of blockchain developers, allows anyone to build their own blockchain. More freedom for $SOL! It’s a new world, dear reader, a world brimming with possibilities.
Let’s not forget Solana, the blockchain that can move faster than your morning coffee machine and at a fraction of the cost. And now, with this Avalanche connection, $SOL gains even more power. But fear not, this integration does not affect the speed or performance of the token. No, no, no—this is just a strategic expansion into new territories.
And, for those of you with an appetite for numbers, here’s the scoop: $SOL is trading at a humble $148, dipping by 1.89% in the past 24 hours. AVAX, the silent partner in all this, is priced at $19.43, down 3.37%. As for Wormhole’s own token, $W, it’s hanging at a mere $0.0711, down 5%. Ah, the sweet scent of volatility in the morning.
This move is just one of Wormhole’s grand designs to create a world where native tokens can flow freely across blockchains. The future is here, and it looks a bit like this—seamless, boundless, and very, very connected. Who knows where we’ll be next?
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2025-06-06 14:45