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Solana Drew More Than $145 Million in Bridged Assets in May

Data cited in the source shows assets worth over $145 million moved from other blockchains to Solana during May, highlighting cross-chain capital flows into the network.

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Summary

More than $145 million in assets were bridged from other blockchains to Solana in May, according to the data referenced in the source. Bridging (moving tokens between blockchains) is commonly used to shift liquidity and user activity across networks, and the figure indicates notable inbound cross-chain flows to Solana during the month.

Terms & Concepts
  • Bridging: The process of moving crypto assets from one blockchain to another, typically through protocols that lock assets on one chain and mint or release equivalents on another.
  • Solana: A blockchain network designed for high-speed and low-cost transactions, widely used for decentralized applications and digital asset activity.
  • Cross-chain: A term describing activity, assets, or infrastructure that connects multiple blockchains and enables transfers or interoperability between them.