- Wrapped Bitcoin is now natively integrated into Solana, enabling faster DeFi access without bridge dependency.
- Solana joins other networks like Sui and Unichain in expanding Wrapped Bitcoin ecosystem flexibility.
Wrapped Bitcoin (WBTC) has finally arrived directly on the Solana network—no bridge required. For those who haven’t noticed, this isn’t just about “new Bitcoin.” Solana is now the direct home for WBTC, which previously only existed on the Ethereum network.
What that means? Bitcoin liquidity can be enjoyed directly in the Solana ecosystem without any detours. Just imagine having BTC, but being able to explore super-fast DeFi ala Solana. It’s like having a big motorbike but being able to ride it on a toll road, without traffic jams and without fees.
WBTC Native on @solana
Welcome to the fast lane, @Bitcoin. pic.twitter.com/BVKO6pmwVq
— WBTC (@WrappedBTC) May 5, 2025
WBTC is still pegged 1:1 to Bitcoin and is backed by real BTC reserves. But, the difference now is that users can directly use it to provide liquidity, borrow and lend, or even buy and sell tokens on various dApps on Solana. Previously, it was possible, but it had to go through a cross-chain bridge which, frankly, was sometimes nerve-wracking. Now, the process is simpler and faster.
Interestingly, WBTC isn’t the only wrapped Bitcoin player on Solana. As we previously reported, Coinbase has its own version called cbBTC. Then, there is also 21BTC from 21.co, which is said to be faster and doesn’t need a bridge.
And for developers, Zeus Network is also promoting zBTC, with a more open approach, meaning it doesn’t need additional permissions. So, don’t be surprised if Solana now looks more like a night market—busy, bright, and full of wrapped BTC options.
The Wrapped BTC Movement Is Also Happening Elsewhere
On the other hand, on April 29, 2025, Kraken also joined in by launching Kraken Wrapped Bitcoin (kBTC) on Unichain. Unichain is a Layer 2 created by Uniswap Labs on Ethereum.
What makes it different is that kBTC is not just any token. It is directly supported by Bitcoin which is neatly stored at Kraken Financial, an official financial institution in Wyoming. They even provide proof of on-chain reserves that can be checked directly. There is no room for ‘they say’.
Furthermore, on February 4, 2025, BitGo made a breakthrough by expanding WBTC’s reach to the Sui network. Through the Sui Bridge, users can now bring WBTC from Ethereum to Sui, then use it in the BTCfi world. This is a kind of expansion of the playing field for Bitcoin which is usually stagnant.
And don’t forget, in December 2024, there was a move that made people look at it—World Liberty Financial (which is related to Donald Trump’s family) moved $10 million from cbBTC to WBTC. A sign that WBTC is starting to be considered more established and trusted.
Interestingly, if we go back in time to April 2024, DLC.Link made a surprise by launching dlcBTC. This is wrapped BTC that does not use traditional custodians, but rather a system based on Discreet Log Contracts and Taproot multisig. First launched on Arbitrum, this model is suitable for those who want full control over their own BTC, without having to “entrust” it to a third party.
Meanwhile, as of press time, BTC is trading at about $94,446.47, moving sideways in the last 24 hours and up 13.31% in the last 30 days.
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