Details about Wrapped Ethereum (Sollet) cryptocurrency
€28,673
483,499
24.465
Unknown
8750x
€2441900
Wrapped Ethereum (Sollet) price charts
SOETH exchanges
Wrapped Ethereum (Sollet), the crypto
Wrapped Ethereum (Sollet) (SOETH) is an ERC-20 token that represents Ethereum on the Solana blockchain. It is designed to enable Ethereum tokens to be used in Solana's decentralized finance (DeFi) ecosystem through a process called wrapping and unwrapping.
The point
The main point of Wrapped Ethereum (Sollet) (SOETH) is to provide liquidity and interoperability between the Ethereum and Solana ecosystems. By wrapping Ethereum, users can utilize Ethereum-based assets in Solana-based DeFi applications.
The problem
Wrapped Ethereum (Sollet) (SOETH) tries to solve the problem of cross-chain interoperability within the DeFi space. By providing a bridge between Ethereum and Solana, users can access the benefits of both ecosystems without having to transfer assets between them.
Compare SOETH and BTC performance
| Timeframe | SOETH | BTC |
|---|---|---|
| 1h change | 0.491482 % | -0.234911 % |
| 24h change | -0.07 % | 1.25967 % |
| 7 day change | 4.26 % | -1.44157 % |
| 14 day change | 5.09 % | -9.47799 % |
| 30 day change | -7.76 % | -7.33786 % |
| 200 day change | 133.18 % | 129.168 % |
| Year change | 99.51 % | 129.33 % |