In a new development for Starknet interoperability, users can now bridge their assets directly to Starknet through the Solana-Starknet Bridge, powered by Hyperlane‘s cross-chain infrastructure. Enhancing Starknet’s interoperability allows for a more interconnected crypto ecosystem, increasing liquidity and improving the user experience overall by reducing friction and providing access to new apps.
Solana – a Layer 1 blockchain – has around US $11 billion in Total Value Locked (TVL) in DeFi protocols, millions of daily active user addresses, and tens of millions of transactions per day. The Solana-Starknet Bridge allows users to bring their Solana assets to Starknet, reinforcing Starknet’s position as the premier destination for DeFi.
Starknet Interoperability
Previously, bridging between Solana and Starknet was limited to stablecoins such as USDC and USDT via Layerswap and RhinoFi. Now, with Hyperlane’s technology under the hood-covering the smart contracts, offchain components, and security infrastructure-the Solana-Starknet bridge, which is easily accessed via Starknet’s native StarkGate, enables the direct transfer of the following seven tokens:
SOL – Solana’s native token
DREAMS – utility token of DreamLabs
TRUMP – meme coin on Solana
JUP – token for DEX aggregator Jupiter Labs
BONK – dog-themed meme coin on Solana
PUMP – utility coin for Pump.fun platform- FARTCOIN – meme coin on Solana
This marks the first time these tokens are available together on Starknet via a single bridge, creating new opportunities for DeFi users and liquidity providers alike. DREAMS, specifically, has reached about 1 million in trading volume on Starknet since the Solana-Starknet Bridge went live.
Users benefit from:
- Improved Access: No other bridge currently supports the transfer of these tokens onto Starknet.