Uniswap Web App Now Supports Solana as SOL Eyes $240 Breakout

Uniswap, one of the largest decentralized exchanges, has officially added Solana network support to its web application, marking a significant milestone in bridging major blockchain ￰0￱ integration allows users to connect their Solana wallets and trade SOL tokens directly from the Uniswap Web App, removing the need to switch ￰1￱ move comes as part of Uniswap’s broader strategy to simplify decentralized finance and enhance cross-chain accessibility for ￰2￱ DeFi Experience Across Blockchains Previously, Uniswap users had to exit the platform to trade assets on ￰3￱ to the blog post , with this upgrade, Uniswap now supports Ethereum, Solana, Base, and Unichain from a single ￰4￱ expansion aims to solve the fragmentation challenge in decentralized finance, where networks often operate in isolation.

Consequently, the update simplifies access for traders, streamlines user interaction, and encourages broader participation in multi-chain ￰5￱ latest integration marks the first phase of a larger plan that includes future developments such as bridging, cross-chain swaps, and Uniswap Wallet compatibility with ￰6￱ steps are expected to strengthen liquidity flow between networks, fostering interoperability and scalability within the DeFi ecosystem. Solana’s Role in DeFi Growth Since its 2020 debut, Solana has become one of the most active Layer 1 networks in decentralized ￰7￱ fast transaction speeds and low fees have drawn both developers and institutional ￰8￱ network’s growth positions it as a major competitor to Ethereum in areas such as decentralized trading, NFTs, and payment solutions.

Solana’s Market and Technical Outlook Despite the major announcement, Solana’s price has slipped in the past 24 ￰9￱ currently trades around $175.68 , down over 10% daily and nearly 20% for the ￰10￱ market capitalization stands at $96 billion with a trading volume exceeding $11 billion. However, analysts suggest this pullback could precede a bullish breakout.) chart compared to M2 Global Liquidity shows a strong bullish ￰11￱ global liquidity trends upward, Solana appears to be consolidating near a critical support zone at $176–$182. The next resistance lies around $187–$190, and a breakout above this range could open targets near $240 and $280. Historically, Solana’s price has responded positively to global liquidity growth, hinting that a surge may be on the horizon.