Coinbase Exchange has expanded its Solana support by enabling deposits and withdrawals through the Base network. The update connects two major blockchain ecosystems through a direct bridge. Consequently, users can move SOL between Solana and Base with fewer steps.
The change also allows users to access SOL liquidity inside Ethereum-based applications. Besides improving flexibility, the move reflects growing demand for cross-chain access among active traders.
The new option allows users to treat SOL on Base as an ERC-20 compatible asset. Hence, users can deploy SOL inside Base-based decentralized applications. Moreover, the feature reduces reliance on third-party bridges.
Coinbase aims to streamline asset movement while keeping activity within its exchange environment. Additionally, the rollout signals closer infrastructure alignment between Solana and Ethereum networks.
Coinbase Expands Cross-Chain SOL Access
Coinbase now allows users to send SOL directly from the exchange to Base wallets. Users start the process through the standard withdrawal flow. They select SOL, choose a crypto address, and then select Base.
After confirming the Base network, users enter the destination address and amount. Consequently, SOL arrives on Base without leaving the Coinbase ecosystem.
The deposit process follows a similar structure. Users select SOL, choose a crypto address, and confirm their intent. After selecting Base, users copy the provided address. They then send SOL from an external wallet. Additionally, Coinbase credits the SOL balance automatically after confirmation.
What SOL on Base Enables for Users
SOL on Base allows users to interact with Ethereum-style applications using Solana liquidity. Hence, traders can deploy SOL inside Base DeFi protocols. Developers also gain access to broader liquidity pools. Moreover, users can rebalance portfolios across chains without complex routing. The feature supports faster experimentation across ecosystems.
The integration also reduces operational friction for active market participants. Besides convenience, it lowers the risk associated with external bridge platforms.
Consequently, Coinbase strengthens its role as a central access point for multi-chain activity. The move also aligns with rising institutional interest in interoperable infrastructure.
Regional Availability and Key Limits
Coinbase restricts SOL on Base access in several regions. The list includes New York, Canada, the United Kingdom, and Japan. Additionally, many European and Asia-Pacific countries remain excluded. Hence, users should confirm eligibility before attempting transfers.
Source: https://coinpaper.com/13367/coinbase-enables-direct-sol-transfers-between-solana-and-base
