Finding a trustworthy and safe Solana to FTM bridge can be difficult due to Solana not being a EVM (Ethereum Virtual Machine) compatible chain, this results in many crypto bridges not offering Solana to FTM.
We have found two bridges that are safe and secure that you can use to bridge Solana to FTM which we will explore both below and give you a quick instruction on how to use them safely.
- Allbridge is a Solana to FTM bridge
- Portal Bridge is another option
- Solana is not EVM compatible
Solana to FTM Bridge
The first option is Allbridge, one of the more common and reputable bridges hence why it is first. Bridging Solana to FTM with Allbridge is super simple.
Step 1: Head over to Allbridge
Step 2: From the Bridge page you will have the option to choose which chain to bridge from and which chain to bridge to. In this case it will be Solana to FTM.
From here you can also choose which asset you want to bridge, in this example we will use USDC.
Step 3: Since we are bridging from the Solana network you will have to use a Solana based wallet such as Phantom. Wallets such as Metamask are not usable for this due to Solana not being EVM compatible and Metamask only supports EVM compatible chains.
Hit the connect wallet button and select your chosen Solana wallet.
Step 4: The next screen you are taken to is where you enter the wallet address you want the tokens sent to. Make sure this is your own wallet and is supported by the chain you are sending to.
In this case you will want to enter your FTM wallet address here as you are bridging from Solana to FTM.
Step 5: Time to bridge. Hit the Send button and follow through the confirmations to begin the bridging process.
The next option you have for a Solana to FTM bridge is Portal Bridge. Portal bridge has a very similar UI and process as Anybridge making it very much a similar process.
Step 1: Head over to Portal Bridge to connect your wallet. Again you will have to use your Solana based wallet such as Phantom or Solflare.
Step 2: Once connected you can choose the source chain and the target chain. In this case Solana to Fantom.
Select the token in which you want to bridge from Solana to FTM in this case I will use SOL.
Step 3: You now have to connect your Fantom wallet, this will most likely be Metamask however it could also be Wallet Connect. When connecting your Metamask be sure that the Fantom network is added and selected in your Metamask.
Step 4: From here you can see an overview of your transaction, your target wallet, the bridged tokens, and also your options for paying the fees.
You can either pay using FTM in the receiving wallet or pay with additional SOL from the sending wallet, this is really up to you depending how you want to pay the fees.
From here you just follow the on screen instructions to start the bridge and then redeem your bridged tokens.
Is bridging safe?
Bridges get a fair bit of bad rap due to the amount of hacks that happen in the space. There have also been a lot of people losing money by misusing bridges as a lot of bridges have previously had fairly bad UI’s making it difficult to navigate.
As long as you use a reputable bridge as the above or for EVM compatible chains Synapse and Celo are well known reputable bridges. Triple checking sending and receiving wallets is always recommended especially when using Metamask be sure to make sure the correct chain is selected.
What does Bridging cost?
Bridging fees depend on which bridge you are using and also which chains, for example when using Ethereum fees will be slightly more than when using a chain such as Solana where transaction costs are a lot lower.
Most bridges will give you an overview of the fees you are expected to pay before you begin the bridging process.
What is Solana?
Solana is one of the fastest growing layer 1 networks built for its speed and low transaction costs. Founded in 2017 Solana quickly rose to fame during the 2020 bull market as its NFT ecosystem exploded, rivaling even the giants such as Ethereum.
At one point Solana was processing more transactions than any other layer 1 network in crypto. This was mostly due to the NFT ecosystem.
What is FTM?
Fantom is a layer 1 network again built for its speed and scalability and low transaction costs. Quickly becoming a rival for Ethereum, Fantom rapidly grew a booming DeFi ecosystem due to its speeds, scalability and smart contracts platform.
At the height of the bull run Fantom had $7 billion total value locked (TVL) placing it high in the ranks of the best DeFi chains.
Due to Solana not being an EVM compatible chain it can be a bit tricky to find a Solana to FTM bridge but luckily we have both Portal Bridge and Allbridge. When using bridges always double check everything and make sure you are on the correct site and not a phishing site.