Solana Announces Cross-Chain Bridge to Bitcoin Set for Launch in Q3 2024: Full Details

In the third quarter of 2024, the cryptocurrency space will witness the launch of a cross-chain bridge between Solana and Bitcoin, facilitated by Zeus Network's Zeus Program Library (ZPL). This innovation aims to connect the two ecosystems, enhancing Solana's capabilities to include decentralized finance (DeFi), gaming finance (GameFi), social finance (SocialFi), and more—functions that are challenging to perform on the Bitcoin blockchain. The bridge will allow Bitcoin users to convert their BTC into ZPL-wrapped zBTC tokens. These tokens can then be used within the Solana network for various activities including decentralized exchanges, NFT marketplaces, and lending platforms. This development is supported by leading figures such as Solana co-founder Anatoly Yakovenko and Stacks co-founder Muneeb Ali, highlighting its significant potential for facilitating robust cross-chain interactions.