1inch Launches Native Cross-Chain Swaps Between Solana and EVM Chains
According to 1inch, the new feature enables direct swaps between Solana and more than ten EVM networks without relying on bridges, broadening interoperability across major blockchain ecosystems.
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Fact Check
The statement is directly confirmed by primary sources, including the official 1inch website and multiple press releases (PR Newswire, Press Release Hub). It is also widely corroborated by reputable crypto news outlets like The Block and CryptoSlate. The evidence explicitly states that 1inch has launched native cross-chain swaps between Solana and numerous EVM chains.
Summary
1inch announced the release of its native cross-chain swap feature, allowing asset exchanges between Solana and over ten Ethereum Virtual Machine (EVM) networks. Unlike traditional methods, the function does not use cross-chain bridges. The feature is available via the 1inch dApp, wallet, and Fusion+ API, marking a significant advancement in decentralized exchange interoperability.
Terms & Concepts
- Cross-Chain Swaps: The process of exchanging tokens between two different blockchain networks, allowing for seamless asset transfers across ecosystems.
- EVM Chains: Blockchain networks that are compatible with the Ethereum Virtual Machine, allowing them to run Ethereum-based smart contracts.