Wrapped Bitcoin will soon move between Ethereum and Solana through a new bridge powered by Hyperlane. The integration creates a direct path for Bitcoin-backed liquidity to enter Solana’s fast-growing ecosystem.
Consequently, developers and traders gain a standardized route to deploy WBTC across chains. The move arrives as Solana trades inside a tight technical range, adding another catalyst to watch.
Hyperlane Connects WBTC to Solana
Open-source interoperability network Hyperlane will power the expansion through its Nexus Bridge. The infrastructure enables users to transfer native WBTC between Ethereum and Solana without relying on fragmented routes. Moreover, the bridge introduces a canonical method to move the asset into Solana’s DeFi markets.
Wrapped Bitcoin launched in 2019 as the first ERC-20 token backed one-to-one by Bitcoin. It allows BTC holders to access decentralized finance on chains that do not support native Bitcoin transfers. Besides Ethereum, WBTC already circulates across multiple networks, reflecting sustained demand for tokenized Bitcoin exposure.
However, the asset faced scrutiny in 2024 after BitGo shifted to a multi-jurisdictional custody structure with BiT Global. That restructuring prompted several platforms to reassess their exposure.
Additionally, competition intensified when a rival tokenized Bitcoin product entered the market. Despite those challenges, WBTC remains one of the largest Bitcoin representations on-chain.
Bitcoin Liquidity Meets Solana Speed
The bridge positions Solana as a new venue for Bitcoin-based capital. Significantly, Solana’s high throughput and lower transaction costs may attract traders seeking efficient BTC liquidity. Consequently, decentralized exchanges and lending platforms on Solana could see deeper liquidity pools.
This development also aligns with broader trends in cross-chain interoperability. Projects increasingly prioritize seamless capital movement rather than isolated ecosystems. Hence, Hyperlane’s integration strengthens Solana’s appeal to Bitcoin-focused investors.
SOL Price Holds Range as Momentum Builds
Meanwhile, Solana trades at $78.19, reflecting a 0.66% daily decline and an 8.43% weekly drop. The token records nearly $3.9 billion in 24-hour volume. With 570 million SOL in circulation, the network commands a market cap above $44 billion.
According to Umair Crypto, SOL maintains a tight structure between $77 and $90. Price compresses within that band while momentum indicators attempt to break higher. Consequently, traders monitor the $85 level as a near-term pivot.
A sustained move above $85 could open a path toward $100. However, bulls must reclaim $90 and convert it into support. Otherwise, upside attempts may remain temporary deviations.
Failure to hold $77 could push SOL toward sub-$73 liquidity zones. Moreover, unstable volume structure adds uncertainty to the range. For now, range conditions dominate until a confirmed breakout reshapes the trend.
Source: https://coinpaper.com/14557/wbtc-taps-hyperlane-to-connect-ethereum-and-solana-as-sol-bulls-eye-100
