After seeing major success on Ethereum, the Layer-2 zk-rollup platform Starknet is now making its way to the Solana blockchain. As per the latest announcement, STRK will arrive on the Solana network via the AI-based Near Protocol. Interestingly, this development comes after the Solana account on the X platform publicly attacked the Starknet protocol.
STRK, the native token of Starknet, is now available on Solana, thereby making its way into one of the most active DeFi ecosystems in the market. The launch has happened with the help of NEAR Intents, thereby getting STRK on Solana’s on-chain without depending on the traditional bridge-based workflow.
Following this integration, Solana users will be able to get direct access to the STRK token. As a result, Starknet will be able to extend its reach to a broader base of traders and liquidity venues.
On the other hand, the NEAR protocol will serve as a coordination layer and manage execution across ecosystems. This is a major step towards the cross-chain participation of the Starknet protocol.
NEAR Intents’ solver-based execution model powers the route STRK takes into Solana, and it differs from standard bridge designs. So instead of users having to manually transfer assets via multiple steps, they can just specify a desired outcome. This would eventually allow the system to handle execution in the background by using different liquidity sources.
From the user experience point of view, the process is fairly simple. Here, users don’t need to figure out wrapping mechanics, chain-specific differences, or intermediary infrastructure. Instead, they just need to choose the asset they want to hold and where they want to use it.
This integration marks a broader shift in bringing cross-chain functionality. Besides, it will also help in increasing DeFi usage across multiple networks, as reported by CNF earlier.
By using the NEAR Intents interface, users can acquire STRK on Solana by swapping from a range of supported tokens across multiple chains. After selecting the desired outcome and connecting the required wallets, the intent is submitted and executed by a solver.
Once the transaction is completed, STRK tokens move to the user’s Solana wallet. Later, the user can use it or trade it across the Solana-based DeFi applications, per the official announcement.
On the Solana blockchain, Meteora will serve as the major liquidity venue for STRK. It will further allow token swaps and better liquidity via standard AMM-based mechanics.
On the other hand, Jupiter also allows STRK spot trading on the Solana blockchain network. It also provides the best execution by routing orders across available liquidity sources.
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