In August 2025, 1inch introduced Solana cross-chain swaps, a Unite DeFi hackathon, and WalletConnect campaign integrations, marking significant advancements in decentralized finance offerings.
These initiatives enhance cross-chain trading security and usability, potentially shifting DeFi engagement and bolstering 1inch’s market position with increased token demand and innovative solutions.
In August 2025, 1inch launched cross-chain swaps on Solana for improved interoperability, enhancing its interoperability capabilities. They also held the Unite DeFi hackathon and integrated WalletConnect, marking a significant step in their expansion efforts.
The initiative involved 1inch, SafePal, WalletConnect, and ETHGlobal. 1inch now facilitates swaps between Solana and over 12 EVM networks, a move expected to enhance their platform’s versatility and appeal.
Anton Bukov, Co-founder & CTO, 1inch, “1inch now supports trustless swaps between Solana and 12+ EVM networks – no bridges, no compromises. Enjoy self-custodial security, MEV protection and seamless execution across chains in the 1inch dApp, Wallet or via Fusion+ API.”
The launch has implications for the 1INCH and SOL tokens, boosting their utility and market presence. Stakeholders see these efforts as pivotal for decentralization and financial inclusion, potentially altering competitive dynamics in the DeFi space.
Analysts highlight potential regulatory oversight challenges, though the project’s adherence to security standards is emphasized. Historical DeFi trends indicate likely adoption and increased transaction volumes, supporting the initiative’s rationale and strategic positioning.
Similar initiatives, such as EVM-to-EVM swap protocols, underscore the growing demand for cross-chain functionality. This development parallels previous DeFi tool expansions, fostering safer, seamless digital asset transitions.
Experts from Kanalcoin suggest positive outcomes given the high developer engagement. Building on crypto-innovation trends, 1inch’s focus on cross-chain swaps aligns with broader industry shifts towards decentralized finance and integration. To stay updated, follow 1inch on Twitter.
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