The world of decentralized finance (DeFi) continues to evolve, and cross-chain interoperability has become a cornerstone of innovation. Among the emerging solutions enabling seamless asset transfers across blockchains, SOL (Wormhole) stands out as a bridge-focused token that brings Solana-based assets to other major networks. This article dives deep into the current state of SOL (Wormhole), covering its price dynamics, market data, supply metrics, and the technology behind its operation.
What Is SOL (Wormhole)?
SOL (Wormhole) is not the native SOL token of the Solana blockchain but rather a wrapped version of SOL deployed across multiple chains via the Wormhole protocol. This cross-chain messaging platform enables assets and data to move securely between blockchains such as Ethereum, BNB Smart Chain, Polygon, and Solana.
By leveraging Wormhole, users can transfer SOL tokens from the Solana network to Ethereum-compatible chains with minimal fees and high transaction speed. The result is greater liquidity access and expanded utility for SOL holders across various DeFi ecosystems.
👉 Discover how cross-chain assets are reshaping DeFi today.
Key Market Metrics
As of the latest update, SOL (Wormhole) maintains a modest presence in the broader cryptocurrency market. Below is an overview of its core performance indicators:
- Market Cap: $60.53 million
- Trading Volume (24h): $1.42 million
- All-Time High: $300.40 (reached January 19, 2025)
- Current Price: ~$149.21
- Market Cap Rank: #2,974
Despite a significant drop from its peak—down approximately 50%—the asset continues to see consistent trading volume across decentralized exchanges. Its volume-to-market-cap ratio of 0.0235 suggests moderate liquidity and investor engagement.
Supply Overview
One of the most notable aspects of SOL (Wormhole) is its unusual supply structure. Unlike traditional tokens with fixed maximum supplies, this wrapped asset reflects circulating supply based on bridging activity.
| Metric | Value |
|---|---|
| Circulating Supply | 404,996 SOL |
| Total Supply | 405,022 SOL |
| Max Supply | 35,555 SOL |
Note: The discrepancy in max supply versus total and circulating supply may indicate a data anomaly or unique tokenomics model specific to this bridged version.
Supply updates are refreshed regularly—last updated four days ago—and reflect real-time bridging and redemption activity across chains.
Exchange Listings & Trading Markets
SOL (Wormhole) is primarily traded on decentralized exchanges (DEXs), with several active pools across Uniswap v3 on Ethereum, Polygon, and BNB Smart Chain.
Top Trading Pairs
- WETH / SOL on Uniswap v3 (Ethereum)
Price: $149.21 | Volume: $1.26 million - WETH / SOL on Uniswap v3 (Polygon)
Price: $149.45 | Volume: $82,257 - WBNB / SOL on Uniswap v3 (BSC)
Price: $149.21 | Volume: $57,286 - USDT / SOL on Uniswap v3 (Polygon)
Price: $149.45 | Volume: $3,481
These listings highlight strong integration with Ethereum’s DeFi ecosystem and growing adoption on Layer-2 and sidechain solutions like Polygon and BSC.
👉 Explore how decentralized exchanges power cross-chain trading.
Contract Addresses Across Chains
For transparency and wallet integration, here are the verified contract addresses for SOL (Wormhole) on supported blockchains:
- Ethereum:
0xD31a59c85aE9D8edEFeC411D448f90841571b89c - BNB Smart Chain:
0xfa54ff1a158b5189ebba6ae130ced6bbd3aea76e - Terra Classic:
terra190tqwgqx7s8qrknz6kckct7v607cu068gfujpk
Always verify contract addresses before making transactions to avoid phishing risks or interacting with counterfeit tokens.
Core Keywords
To enhance search visibility and align with user intent, the following keywords have been naturally integrated throughout this article:
- SOL (Wormhole)
- cross-chain bridge
- wrapped SOL
- DeFi interoperability
- Solana blockchain
- Wormhole protocol
- decentralized exchange
- crypto price chart
These terms reflect both technical and general interest queries related to bridged assets and multi-chain finance.
Frequently Asked Questions (FAQ)
Q: What is the difference between native SOL and SOL (Wormhole)?
A: Native SOL operates exclusively on the Solana blockchain. SOL (Wormhole) is a wrapped version that exists on other chains like Ethereum and BSC, allowing it to be used in their respective DeFi applications through the Wormhole cross-chain protocol.
Q: Is SOL (Wormhole) safe to use?
A: The Wormhole protocol has undergone multiple audits and has recovered from past security incidents with improved safeguards. However, users should always research smart contracts and use trusted wallets when interacting with bridged assets.
Q: How can I convert SOL (Wormhole) back to native SOL?
A: You can use the official Wormhole bridge interface to "redeem" your wrapped SOL on the destination chain and receive native SOL back on the Solana network.
Q: Why is the max supply lower than circulating supply?
A: This inconsistency may stem from data reporting errors or reflect a non-standard token model where “max supply” does not apply in the traditional sense. Since this is a wrapped asset, supply scales with demand rather than being pre-minted.
Q: Where can I trade SOL (Wormhole)?
A: The primary trading venues are decentralized exchanges like Uniswap v3 on Ethereum, Polygon, and BNB Smart Chain. Centralized exchanges currently list limited pairs, if any.
The Role of Wormhole in Multi-Chain Finance
Interoperability is no longer optional—it's essential. As DeFi expands across dozens of blockchains, isolated ecosystems create friction for users seeking yield, liquidity, or access to new protocols. Wormhole addresses this by acting as a secure communication layer between chains.
Originally developed to connect Solana with Ethereum, Wormhole now supports over ten networks, including Polygon, Avalanche, and Terra Classic. It uses guardian nodes—run by reputable institutions like Jump Crypto and Circle—to validate cross-chain messages and ensure trustless transfers.
This infrastructure allows tokens like SOL (Wormhole) to function natively outside their home chain while maintaining price parity and security.
👉 Learn how interoperability is powering the next phase of blockchain evolution.
Final Thoughts
While SOL (Wormhole) may not dominate market rankings today, it plays a vital role in expanding Solana’s reach into the broader DeFi landscape. With reliable bridge technology, active DEX listings, and growing cross-chain utility, it represents a practical solution for users who want to leverage Solana assets beyond their native environment.
As multi-chain strategies become standard practice among crypto investors and developers alike, assets like wrapped SOL will continue gaining relevance—not for speculation alone, but for real-world functionality across ecosystems.
Whether you're exploring yield opportunities, arbitrage trades, or simply diversifying your portfolio across chains, understanding SOL (Wormhole) offers valuable insight into the future of connected blockchains.