More than $35 million in assets bridged to Solana last week

The weekly inflow points to cross-chain activity moving onto Solana, with bridged assets reflecting capital transferred from other blockchain networks.

SOL

Summary

More than $35 million worth of assets moved from other blockchain networks onto Solana last week. The figure highlights cross-chain demand for Solana, where bridging lets users transfer tokens between separate networks so they can trade, invest or use decentralized applications on a different chain.

Terms & Concepts
  • bridged assets: Tokens transferred between blockchain networks
  • cross-chain: Operating across different blockchain networks
  • Solana: A blockchain network for crypto applications