COINPURO - Crypto Currency Latest News logo COINPURO - Crypto Currency Latest News logo
Coinpaper 2026-02-12 19:21:22

WBTC Taps Hyperlane to Connect Ethereum and Solana as SOL Bulls Eye $100

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.

가장 많이 읽은 뉴스

coinpuro_earn
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.