Hassan Maishera
On Wednesday, the Thorchain team announced via X that Solana is now live on Thorchain. Pools are still being bootstrapped, execute smaller swaps to start with while liquidity deepens.
THORChain is the first decentralized exchange (DEX) to swap Bitcoin and other UTXO chains, with Ethereum, and other EVM chains. All without using wrapped tokens.
THORChain currently supports swapping between 10 different blockchains. Assets available to swap on THORChain include the following:
THORChain is a decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, Ethereum, and Bitcoin. RUNE is up 5.5% today and is currently trading at $0.4149.
Solana is an integrated, open-source blockchain that synchronizes global information at the speed of light. The network is focused on fast transactions and high throughput to encourage mass consumer adoption of blockchain technology.
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain. SOL is up 7.4% in the last 24 hours and trades at $87.72.
