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Crypto

Solana Stashes 6,479 Bitcoin Worth $420 Million

Guavy AI Editorial Team
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BTC SOL
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According to KuCoin, there are currently 6,479 Bitcoin stored on Solana. This represents a tiny fraction of the entire Bitcoin supply, amounting to just 0.03%. The value of this stored BTC is approximately $420 million.

The presence of these Bitcoin on Solana can be attributed to various wrapped or bridged versions, including cbBTC, wBTC, LBTC, and xBTC. While the exact number is not disclosed in the source, KuCoin notes that there are 'much higher' amounts available elsewhere.

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