The overall cryptocurrency space has tremendous benefits and potential for the future of the financial system. However, Web3 technology also features a rather stark learning curve for users of all kinds. Subsequently, this guide will explore how to bridge Polygon to Solana.
Both Polygon and Solana represent two of the most popular digital asset firms in the industry. Subsequently, both Polygon’s MATIC and Solana’s SOL are emerging assets that have solidified a space in the growing sector.
Bridging assets from Polygon to Solana is a rather simple task when you are pointed in the right direction. So, in this guide, let’s explore what you will need to achieve this goal, and provide a step-by-step guide to walk you through it.
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How to Bridge Polygon to Solana
When it comes to bridging assets from Polygon to Solana, the most important variable to understand is the bridge. Specifically, this is possible through something like Portal Bridge. This helps to facilitate Ethereum Virtual Machine (EVM) to non-EVM network transitions rather simply.
To start, you are going to have to select the bridge that you are hoping to implore. For this guide, we will discuss the Portal Bridge. You will want to navigate to the Portal website and start by selecting Polygon as your source. Then, choose Solana as your target chain.
After that, you are going to want to ensure that you have connected your wallet. This must be an EVM-compatible wallet, like MetaMask. Moreover, you will need to connect your Solana wallet, like Phantom for example.
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Then, you will have to select the token, and the specified amount, that you want to bridge between both. After that, it is as simple as reviewing the transaction details that are given to you. When you are comfortable with that information, you will be able to facilitate the bridge by selecting the ‘send’ option.
The assets should reflect the post-transfer balance on your Solana wallet within a ten-minute timeframe. Conversely, it is important to remember that there are fees associated with such a transaction. For the Portal Bridge, such fees are typically near $0.0001 per transfer. However, if you are utilizing a different bridge, it is vital to know that these fees will be different.