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Solana is a decentralized blockchain, which has lately been one of the most popular networks in the space. The Solana blockchain operates on both a Proof of History (PoH) and Proof of Stake (PoS) model. Solana already has more than 45 million transactions and offers its users more than 350 dApps running on their blockchain, which are the fastest; most scalable; and most user-friendly.
Thus the demand for tokens on the Solana ecosystem is continuously growing. One of the most promising investments is the Solana token itself, $SOL; with a daily trading volume of about 1.7 billion. Here, we face the main problem – the time-consuming processes of token exchanges. If, for example, a user only has MATIC tokens; stored on the Polygon network; and would like to get $SOL, they need to go through multiple bridges that have high fees.
Of course, the market changes very fast, so there are more and more solutions that make swaps between different blockchains easier. Rubic has a significant advantage to those, not least because they offer low-fee Multi-Chain swaps – in 1 click.
Rubic is a Multi-Chain Protocol with a simple and intuitive UI, that allows trading more than 10,500 tokens between 7 blockchains: Ethereum, BSC, Avalanche, Moonriver, Polygon, Fantom, and Solana.
With Rubic, there are no longer complications with Multi-Chain trading. The user receives tokens from the target network within minutes, at the same address which the sent transaction is from. It takes a single step, and no KYC is required. For instance, you can easily exchange $MATIC to $SOL in under 2 minutes. Experience simplified trading between blockchains today – on rubic.exchange.