- Solana’s DeFi momentum accelerates with 1inch launching on its network, boosting DEX volume, transactions, and user activity.
- The integration sets the stage for efficient crosschain swaps, lower fees, and broader access to over 1 million tokens.
Solana is solidifying its status as a dominant force in decentralized finance, recently outpacing competitors with a 33% surge in DEX volume. Over the past three months, the network has seen an astonishing 400% increase in transaction activity and 180% growth in active user addresses—clear indicators of a thriving ecosystem.
In a move that further cements its momentum, Solana has welcomed the integration of top DEX aggregator 1inch. This partnership marks a major leap toward a unified multichain trading experience, allowing users to swap across platforms with optimized rates and low fees. With access to over one million Solana-based tokens, traders can now enjoy seamless and cost-efficient swaps like never before.
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The introduction of the 1inch Fusion protocol on Solana adds another layer of sophistication. Leveraging Dutch auction mechanics, Fusion allows users to customize swap conditions, empowering them with tools typically reserved for institutional-grade trading. The protocol enhances efficiency and offers MEV-protected swaps, all while capitalizing on Solana’s fast and scalable infrastructure.
What truly sets this launch apart is 1inch’s vision for the future: robust crosschain functionality. Soon, users will be able to conduct swaps between Solana and over ten other blockchains, promoting a more fluid and interconnected DeFi environment. This next-gen capability is poised to boost liquidity and accessibility across the broader ecosystem.
Solana’s competitive edge is becoming increasingly apparent. Compared to Ethereum and its layer-2 solutions, Solana now leads in both trading volume and transaction throughput. With faster block times and lower fees, it’s rapidly gaining favor among DeFi enthusiasts and developers alike.
Adding fuel to this growth, 1inch is also opening the door to innovation with six powerful APIs via its Developer Portal. These tools enable builders to craft the next wave of DeFi applications, pushing the boundaries of what’s possible on-chain.
As Solana continues its upward trajectory, the 1inch integration signals more than just increased volume—it’s a defining moment in the evolution of crosschain decentralized finance.
