{"id":29808,"date":"2020-10-08T16:00:23","date_gmt":"2020-10-08T13:00:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29808"},"modified":"2025-08-27T19:03:47","modified_gmt":"2025-08-27T16:03:47","slug":"solana-unveils-cross-chain-bridge-linking-ethereum-and-solana-networks","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/solana-unveils-cross-chain-bridge-linking-ethereum-and-solana-networks\/","title":{"rendered":"Solana unveils cross-chain bridge linking Ethereum and Solana networks"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">Solana, a project developing a scalable blockchain protocol for building decentralized applications and smart contracts, unveiled a cross-chain solution linking tokens across the Ethereum and Solana networks. This was reported in the <\/span><a href=\\\"https:\/\/medium.com\/@solanarus\/9c9d5f1fc48\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\"><span style=\\\"font-weight: 400;\\\">blog<\/span><\/a><span style=\\\"font-weight: 400;\\\"> of the project.<\/span><!--more--><\/p>\n<p>\\n<\/p>\n<p>The solution, called Wormhole, will enable projects, platforms and communities to move tokenized assets between blockchains.<\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">Using the Wormhole DeFi platform, users will be able to perform transactions on Solana while settling on another base chain.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">The solution could also be used by payment gateways to settle faster transactions.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">Gaming platforms or identity platforms, using Wormhole to map to the SPL standard, will gain the ability to increase throughput with final support for the ERC-20 standard.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">Wormhole is the first of such cross-chain bridges. It uses decentralized cross-chain oracles, managed by a set of node operators, including leading Solana validators and other ecosystem participants.<\/span><\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">They verify tokens being locked and burned on one chain to mint new tokens on another, Solana noted.<\/p>\n<p>\\n<\/p>\n<p><span style=\\\"font-weight: 400;\\\">To mark the launch of Wormhole, the project will hold a hackathon.<\/span><\/p>\n<p>\\n<\/p>\n<p>Earlier, Tether <a href=\"https:\/\/forklog.com\/en\/news\/tether-launches-usdt-on-solana-blockchain\"><span style=\\\"font-weight: 400;\\\">launched<\/span><\/a><span style=\\\"font-weight: 400;\\\"> the USDT stablecoin on the Solana blockchain.<\/span><\/p>\n<p>\\n<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana, a project developing a scalable blockchain protocol for building decentralized applications and smart contracts, unveiled a cross-chain solution linking the Ethereum and Solana networks. This was reported in the project&#8217;s blog.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1159],"class_list":["post-29808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=29808"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29808\/revisions"}],"predecessor-version":[{"id":29809,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29808\/revisions\/29809"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=29808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=29808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=29808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}