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Cryptocurrency News Articles
1inch Expands to Solana Blockchain, Targeting Ultra Speed and 1M+ Tokens
Apr 29, 2025 at 07:26 pm
Decentralized Exchange (DEX) aggregator 1inch has integrated Solana, making it possible for users to trade over 1 million Solana-based tokens directly through the 1inch Decentralized Application (DApp).
According to the press release on Friday (April 29, 2025), the integration is another step towards 1inch’s vision of a “unified multichain” Decentralized Finance (DeFi) ecosystem.
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Announcing the integration, 1inch noted that users can benefit from maximally extractable value-protected swaps, optimized rates, and open-source smart contract infrastructure.
In addition, it brings 1inch’s Fusion protocol, which enables users to define their ideal swap parameters, to Solana for the first time. These ideal swap parameters are later executed by top professional market makers, also called “resolvers,” using Dutch auction mechanics. It will now leverage Solana’s ultra-fast block times, making the setup more efficient.
It also promises seamless trading execution compared to other networks. One 1inch spokesperson mentioned “minimal fees” when users conduct swaps on Solana.
“Users may expect costs of less than one cent,” the 1inch representative said.
The development of the cross-chain swaps is still ongoing, and the official launch date has yet to be announced, but it is expected to come in a few months.
Per the representative, only 10 blockchains already integrated into the cross-chain swap ecosystem will initially be supported on this Solana-1inch integration swap. As the launch date draws closer, the blockchains on this list will be revealed.
This deal comes only two months after 1inch bagged a similar integration with zkSync, a Layer-2 scaling solution. Their collaboration was designed to expand 1inch’s cross-chain swaps. It comes with a greater focus on providing faster and cheaper transactions when transferring cryptocurrencies, Non-fungible Tokens (NFTs), and other digital collectibles across different chains.
The partnership saw zkSync integrate with the 1inch Network to enable users to buy and sell different cryptocurrencies at significantly lower fees than Ethereum’s leading network. The aggregator noted that integrating the L2 solution into its cross-chain swap marked a natural progression.
The post 1inch Integrates Solana, Bringing 1 Million+ Tokens and Minimal Fees to New Levels appeared first on Chain Link.
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