Key Takeaways:<\/p>\n
SushiSwap launched on Solana, it uses Jupiter\u2019s technology for swaps.<\/p>\n
Users can trade meme coins and stocks, they can bridge assets from Ethereum easily.<\/p>\n
Experts believe that the platform will reach a $100 million market cap in 30 days.<\/p>\n
SushiSwap is one of the oldest exchanges in crypto. It has more than 4 million users. Yesterday, SushiSwap went live on Solana. The goal is simple: they want to make sure that users trade faster and cheaper.<\/p>\n
General Director Alex confirmed this launch. He said that the team spent three months developing this integration. Users can trade meme coins, tokenized stocks, and real-world assets (RWA) on the Sushi platform.<\/p>\n
Partnership with Jupiter<\/p>\n
SushiSwap partnered with Jupiter Exchange to make th\u00eds work. SushiSwap uses Jupiter\u2019s Ultra API. This technology will help users find the best price for trades.<\/p>\n
When someone swaps their token, the API checks many places to get the lowest price and it happens immediately. The most important function is the cross-chain bridge. In the past, you would find it hard to move money from Ethereum to Solana. You had to use a bridge website, it was slow and scary. SushiSwap will let you do it inside the app. Users can move assets between Solana and EVM networks like Ethereum, BSC, and Polygon.<\/p>\n
SushiSwap launched on Solana<\/p>\n
Why Move to Solana?<\/p>\n
This move solves a big problem for Sushi users, that is fees. On Ethereum, a transaction can cost $5 or $10. When Ethereum is busy, it can cost up to $50. On Solana, transactions will cost less than a cent.<\/p>\n
If you want to buy a meme coin, you don\u2019t want to pay a lot of fees. SushiSwap also wants to have Solana\u2019s 100 million active addresses on its platform. These are users that get used to fast experiences on Solana.<\/p>\n
What Can You Trade?<\/p>\n
Users can access:<\/p>\n
Meme Coins: Solana is famous for meme coins. SushiSwap will list them quickly for users.<\/p>\n
Real World Assets: Users can trade tokenized real Assets.<\/p>\n
Stocks: Everyone can trade tokens that represent stocks like Apple.<\/p>\n
You would know how to use SushiSwap on Solana if you used Sushi on Ethereum. You don\u2019t need to learn any new skills to use the app.<\/p>\n
Competition and Impact<\/p>\n
SushiSwap is not the only exchange on Solana. It will compete with local exchanges like Raydium and Orca. These platforms are big. However, Sushi will bring\u00a0 signature products. It also has $1 billion in total value locked (TVL) so that Sushi can guarantee people trust this brand. They are no longer just an Ethereum app. They are a chain-agnostic liquidity layer.<\/p>\n
Read Next: OpenClaw Brings a New Ecosystem of Automotive Agents to Solana<\/p>\n","protected":false},"excerpt":{"rendered":"