Blockchain

Wrapped Bitcoin Finally Goes Native on Solana Network

  • Wrapped Bitcoin is now natively built-in into Solana, enabling sooner DeFi entry with out bridge dependency.
  • Solana joins different networks like Sui and Unichain in increasing Wrapped Bitcoin ecosystem flexibility.

Wrapped Bitcoin (WBTC) has lastly arrived immediately on the Solana community—no bridge required. For many who haven’t seen, this isn’t nearly “new Bitcoin.” Solana is now the direct dwelling for WBTC, which beforehand solely existed on the Ethereum community.

What which means? Bitcoin liquidity will be loved immediately within the Solana ecosystem with none detours. Simply think about having BTC, however having the ability to discover super-fast DeFi ala Solana. It’s like having an enormous motorcycle however having the ability to journey it on a toll street, with out site visitors jams and with out charges.

WBTC Native on @solana

Welcome to the quick lane, @Bitcoin. pic.twitter.com/BVKO6pmwVq

— WBTC (@WrappedBTC) Might 5, 2025

WBTC continues to be pegged 1:1 to Bitcoin and is backed by actual BTC reserves. However, the distinction now could be that customers can immediately use it to supply liquidity, borrow and lend, and even purchase and promote tokens on numerous dApps on Solana. Beforehand, it was attainable, but it surely needed to undergo a cross-chain bridge which, frankly, was generally nerve-wracking. Now, the method is easier and sooner.

Curiously, WBTC isn’t the one wrapped Bitcoin participant on Solana. As we beforehand reported, Coinbase has its personal model known as cbBTC. Then, there may be additionally 21BTC from 21.co, which is alleged to be sooner and doesn’t want a bridge.

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And for builders, Zeus Community can be selling zBTC, with a extra open strategy, which means it doesn’t want extra permissions. So, don’t be stunned if Solana now seems to be extra like an evening market—busy, vibrant, and filled with wrapped BTC choices.

The Wrapped BTC Motion Is Additionally Occurring Elsewhere

Then again, on April 29, 2025, Kraken additionally joined in by launching Kraken Wrapped Bitcoin (kBTC) on Unichain. Unichain is a Layer 2 created by Uniswap Labs on Ethereum.

What makes it totally different is that kBTC isn’t just any token. It’s immediately supported by Bitcoin which is neatly saved at Kraken Monetary, an official monetary establishment in Wyoming. They even present proof of on-chain reserves that may be checked immediately. There is no such thing as a room for ‘they are saying’.

Moreover, on February 4, 2025, BitGo made a breakthrough by increasing WBTC’s attain to the Sui community. By means of the Sui Bridge, customers can now deliver WBTC from Ethereum to Sui, then use it within the BTCfi world. It is a sort of enlargement of the enjoying area for Bitcoin which is normally stagnant.

And don’t neglect, in December 2024, there was a transfer that made folks take a look at it—World Liberty Monetary (which is said to Donald Trump’s household) moved $10 million from cbBTC to WBTC. An indication that WBTC is beginning to be thought-about extra established and trusted.

Curiously, if we return in time to April 2024, DLC.Hyperlink made a shock by launching dlcBTC. That is wrapped BTC that doesn’t use conventional custodians, however slightly a system based mostly on Discreet Log Contracts and Taproot multisig. First launched on Arbitrum, this mannequin is appropriate for individuals who need full management over their very own BTC, with out having to “entrust” it to a 3rd occasion.

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In the meantime, as of press time, BTC is buying and selling at about $94,446.47, transferring sideways within the final 24 hours and up 13.31% within the final 30 days.



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