1inch Wallet Adds Solana Support Boosting Cross-Chain Trading

Generated by AI AgentCoin World
Monday, Jun 30, 2025 7:49 pm ET2min read

1inch Wallet, a prominent decentralized finance (DeFi) aggregator, has announced the integration of

network support, marking a significant milestone in its mission to unite various DeFi ecosystems. Starting from June 30, 2025, users of the 1inch Wallet can now swap, send, and manage over a million Solana tokens directly within the wallet. This integration brings several advantages, including real-time balance tracking, seamless dApp connections via WalletConnect, and synchronization with Ledger devices for secure storage of Solana tokens.

The addition of Solana support to the 1inch Wallet is part of the platform's broader strategy to expand its reach beyond

and its layer-2 solutions. By integrating with Solana, 1inch aims to bridge between EVM and non-EVM ecosystems, providing users with a unified and seamless DeFi experience. This move is expected to attract more traders and developers to the 1inch platform, leveraging Solana's ultra-short block times and vibrant ecosystem.

The 1inch Wallet now offers a range of features for Solana users, including an address book and transaction templates to save time, advanced features such as derivation paths for multiple wallets, and support for custom tokens. Additionally, users can purchase cryptocurrencies via fiat and benefit from integrated scam detection for asset protection. The co-founder of 1inch, Sergej Kunz, highlighted the significance of this integration, stating that it brings the speed of Solana to a truly chain-agnostic DeFi experience, taking a big step toward uniting different blockchain ecosystems in one seamless app.

The integration of Solana into the 1inch Wallet is a strategic move that aligns with 1inch's goal of accelerating decentralized finance by providing a smooth crypto trading experience. With over 24 million users and $500 million in daily transactions, 1inch has established itself as a leading DeFi aggregator. The platform offers a range of tools, including a self-custodial wallet, a portfolio tracker for managing digital assets, a developer portal, and even a debit card for spending cryptocurrencies. This latest integration with Solana further enhances 1inch's capabilities, making DeFi more accessible and usable for a broader audience.

1inch Network, a major player in decentralized finance, launched in 2021 with a focus on cross-chain integration. Key features include real-time tracking and security enhancements, supporting the Solana network's ecosystem development. The collaboration involves 1inch and Solana's development teams, significantly expanding cross-chain capabilities. Users now experience improved connectivity and security with enhanced Solana token management within the platform.

The integration benefits industries by boosting cross-chain trading volumes and liquidity. The action positions Solana as a crucial component in the 1inch network's expansion and liquidity aggregation strategy. Financially, Solana's inclusion in 1inch is expected to increase trading volumes and total value locked. Market analysts predict substantial liquidity improvements for Solana-based assets across decentralized exchanges. Historical data reveals past integrations like Ethereum and Binance Smart Chain improved trading volumes. Solana's new support is set to replicate these trends, enhancing access and efficiency for 1inch's user base.