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1inch Integrates Solana Network into Wallet Ecosystem

1inch Integrates Solana Network into Wallet Ecosystem

TokenTopNewsTokenTopNews2025/07/01 03:48
By:TokenTopNews
Key Takeaways:

  • Main event enhances DeFi accessibility via Solana integration.
  • 1inch boosts cross-chain functionality.
  • Solana DeFi tokens see increased trading opportunities.
1inch Integrates Solana Network into Wallet Ecosystem

1inch officially integrated the Solana network into its wallet on June 30, 2025, allowing users to trade and manage Solana-based tokens. The integration aligns with 1inch’s mission to enhance decentralized finance (DeFi) accessibility.

The Solana network support broadens 1inch’s ecosystem, potentially increasing user base. The integration is a strategic move to unify decentralized finance chains and offer improved trading experiences.

Sergej Kunz, Co-founder, 1inch Network, stated, “We started 1inch to unite disparate chains and solve one of DeFi’s biggest barriers to adoption. Our integration with Solana moves us closer to that goal. … 1inch seeks to launch optimized, secure, high-volume products that advance DeFi’s accessibility and efficiency.”

1inch announced its support for Solana, enabling users to hold, exchange, and manage Solana tokens via its wallet. Co-founders Sergej Kunz and Anton Bukov emphasize the importance of this integration for advancing DeFi accessibility. 1inch seeks to optimize cross-chain functionality by introducing Solana network capabilities. Users can now benefit from Solana’s low transaction fees and high throughput within the 1inch ecosystem.

The integration could amplify DeFi activity on Solana, increasing trading volumes for SOL and other Solana-native tokens on 1inch. With over 24 million users, 1inch remains a significant player in the DeFi landscape. The Solana support aligns with 1inch’s ongoing efforts to enhance multichain strategies, potentially increasing its dominance in the DEX aggregator market. This integration follows the company’s pattern of expanding to new layer-1 and layer-2 solutions, boosting platform volumes in past instances.

Historical data suggest expansions on new chains have hiked platform usage, though no immediate volume shifts are confirmed post-Solana integration. The integration indicates a positive trajectory for Solana’s DeFi ecosystem, inviting further institutional and retail interest.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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