Coinbase, a popular cryptocurrency exchange, is bringing Bitcoin to Solana. This move has led to high expectations for a surge in DeFi (decentralized finance) on the Solana blockchain. The integration of Bitcoin into Solana will create more opportunities for developers and users, furthering the adoption of DeFi and potentially boosting the value of Solana’s native token, SOL.
This move also showcases Coinbase’s support for innovation and the expansion of digital assets beyond the traditional Bitcoin and Ethereum ecosystems.