Decentralized exchange aggregator 1inch has officially launched on the Solana blockchain, marking a strategic move to tap into one of the fastest-growing ecosystems in decentralized finance (DeFi). This expansion strengthens 1inch’s position as a leading aggregator for token swaps, offering users on Solana access to secure and cost-effective transactions with highly competitive rates.
Solana’s blockchain performance has seen remarkable growth, registering over $539 billion in DEX trading volume and more than 5 billion transactions in just the past three months. This scale and speed make it an ideal network for 1inch’s high-efficiency swap services.
At the heart of this integration is the deployment of the 1inch Fusion protocol, which allows users to place swap orders that are executed by professional market makers rather than relying solely on automated market makers (AMMs). This results in improved pricing, greater efficiency, and protection against front-running.
“Launching on Solana is a major milestone,” said a spokesperson from 1inch. “It not only improves user experience through faster, cheaper transactions, but also positions Solana as a future hub for global DeFi interaction.”
Looking ahead, 1inch plans to roll out cross-chain swaps between Solana and ten other major blockchains. This would allow users to seamlessly exchange assets across multiple ecosystems, reinforcing the broader vision of an interconnected DeFi space.
The integration also hints at increasing demand for non-Ethereum chains that can deliver both speed and scalability without compromising decentralization. By embracing decentralized exchange on Solana, 1inch joins a growing list of DeFi players seeking to reduce costs and expand market access for global users.
For traders, this means better swap execution, broader liquidity sources, and entry into a vibrant Solana DeFi ecosystem. For Solana, it’s a major win in attracting top-tier protocols that bring both users and credibility.
With its latest expansion, 1inch not only grows its own reach but also contributes to building a more unified and efficient DeFi infrastructure.
Source: Bitcoin
