SOL, Solana’s native asset, is now natively multichain on Avalanche powered by Wormhole NTT. This integration ensures SOL’s core functionalities remain fully operational while accessing Avalanche’s high-performance subnets and growing DeFi ecosystem.
What is Solana and SOL?
Solana is a high-performance blockchain that achieves thousands of transactions per second through its innovative Proof of History (PoH) consensus mechanism combined with Proof of Stake. This unique architecture enables sub-second finality while maintaining decentralization, positioning Solana as a leading platform in DeFi, NFTs, and consumer applications requiring institutional-grade performance and reliability.
SOL is the native token that powers all network operations on Solana, from transaction processing to consensus participation, while providing economic security through an innovative time-based staking mechanism. SOL’s integration with Proof of History creates temporal economic security where validators must maintain SOL stakes to participate in time-based consensus, enabling Solana’s impressive speed and scalability.
What is NTT?
Wormhole’s Native Token Transfers (NTT) is an open and composable framework for seamlessly transferring native tokens across blockchains while preserving their intrinsic properties. NTT is already powering natively multichain tokens for leading projects such as Sky, Lido, JitoSOL, ether.fi, Stakewise, and Wormhole's W token, demonstrating its industry-wide impact and reliability. With SOL, another leading asset joins the ranks of NTT adopters.
Why NTT?
By leveraging Wormhole’s NTT framework, SOL can scale seamlessly beyond Solana to Avalanche while eliminating liquidity fragmentation. With NTT, projects maintain full control over their tokens’ behavior on each chain, including aspects such as customizability, metadata management, and ownership or upgradeability. This ensures compatibility with any token standard or governance system, offering unparalleled flexibility and adaptability.
Take Your Token Multichain with NTT
NTT is already being used by some of crypto’s most systemically important assets, like Lido’s wstETH and Sky’s (formerly Maker) USDS, to unify users and liquidity.
Check out the Wormhole NTT Docs, or get in touch to go multichain and grow your token’s reach with an open and flexible standard trusted by the industry’s leading crypto assets.
Learn More
Learn more about NTT in a 15-minute workshop given by Wormhole Foundation Product Lead, Nikhil Suri.
About Wormhole
Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more.
The wider Wormhole network is trusted and used by teams like Circle and Uniswap. To date, the platform has facilitated the transfer of over 60 billion dollars through over 1 billion cross-chain messages. To learn more about Wormhole, follow on X, join the Discord, or read more on the blog.