Wrapped Bitcoin (WBTC), the popular token representing Bitcoin on other blockchains, has officially launched a native version on Solana
Backed one-to-one by real Bitcoin, wrapped Bitcoin ($WBTC) on Solana gives users and developers direct access to Bitcoin’s value within the Solana ecosystem. It removes the need to bridge assets from Ethereum.
For years, WBTC has served as a gateway to bring Bitcoin into the world of decentralized finance, primarily on Ethereum. Now, that same functionality is available natively on Solana. This version of WBTC does not require users to go through Ethereum-based bridges or wrapped tokens from third-party chains. Instead, it offers faster transactions and lower fees through direct issuance and redemption mechanisms on Solana.
Liquidity for the new native WBTC is already live on Raydium. For example, users can now trade WBTC/SOL or WBTC/USDC pairs and provide liquidity to earn a share of trading fees. With Bitcoin being the most widely held and recognized crypto asset, this opens the door for Solana-based protocols to tap into deeper liquidity and attract BTC holders looking for yield or DeFi access.
Universal is now live on Solana, making it easier than ever to trade over 80 top crypto assets directly from your Phantom wallet using uAssets. Tokens like DOGE, XRP, and SUI—previously hard to access on Solana—are now just a tap away.
All uAssets are 1:1 verifiably backed by real assets held in Coinbase Prime, with over $1.2 billion in volume already traded across chains.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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BTC🚨NEW: @wrappedbtc launches native $WBTC on @Solana, now live with BTC-backed liquidity pools on @RaydiumProtocol.
I'm excited to announce @universaldotxyz is now on @Solana. Trade all the top 80+ crypto assets from your @phantom wallet with uAssets. Today, it's still too complicated to trade all the assets we want to trade. DOGE, XRP, SUI, and all the rest - now they’re available on Show more
