A leading exchange has added Base network SOL deposit and withdrawal, and the cross-chain transfer function is now online.

2025-12-23 16:20:10

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There is an interesting development in the cryptocurrency world: a leading compliance platform added the Base network as a deposit and withdrawal channel for SOL on December 23. How was this achieved? Through the BaseSolana bridge, users can now hold and transfer SOL in ERC20 form on Base.

What does this mean? In simple terms, you can directly withdraw SOL from the platform account to a self-custodial wallet on the Base network, and vice versa - deposit back to the platform account from Base. The liquidity for cross-chain transfers is instantly opened up.

However, there is a limitation to be aware of: Currently, this feature cannot be used in places like New York, Japan, Germany, Canada, and the UK. The compliance requirements vary by region, so this is the current status.

These measures actually reflect a trend - exchanges are actively embracing a multi-chain ecosystem, allowing for stronger liquidity of users' assets. Base's position as an L2 is also gradually being solidified.

SOL-1.07%

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StealthDeployer

· 12-23 16:50

Okay, Base's operation this time is indeed awesome, the liquidity of SOL is taking off directly. --- Another exchange is doing multi-chain, but this time there are a lot of restrictions, haha. --- To put it bluntly, it's just trying to keep users from running away; the Base ecosystem does have some potential. --- Compliance is such a hassle, with so many regions banning it, no wonder exchanges are being so cautious. --- ERC20's SOL? Feels a bit redundant, why not just use the Sol chain directly? --- Cross-chain liquidity opening sounds bullish, but I wonder if the fees will be outrageously high. --- Germany, the UK, and Japan have all banned it, feels like exchanges are making trade-offs, very realistic choices. --- This is the right attitude towards multi-chain; it's much better than some altcoin exchanges that only know how to play people for suckers. --- The Base ecosystem is indeed rising, but it hasn't reached the point of explosion yet, right? --- Wait, is this feature favourable information for those who farm and arbitrage?

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Whale_Whisperer

· 12-23 16:48

Hmm, the Base ecosystem has made further progress, and the SOL cross-chain withdrawal operation has indeed opened up new possibilities. --- Compliance platforms are acting quickly, but the regional restrictions are a bit frustrating. --- Again, places like New York, Japan, and Germany are not allowed to use it. When can it be fully rolled out? --- L2 is indeed competing for status, and Base's move is quite smart. --- Using SOL as an ERC20 on Base feels good as liquidity increases. --- Wait, how secure is this cross-chain bridge? Is there an audit? --- Multi-chain is the trend of the times, and it will eventually have to be played this way. --- Not being able to use it in certain areas is really disappointing; the restrictions are too many. --- Base is getting a share of the pie in the Solana ecosystem. --- This wave is mainly a game of traffic competition among exchanges.

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OnChainArchaeologist

· 12-23 16:48

Alright, now SOL can be played on Base too, the liquidity aspect has indeed opened up. Base is so competitive, it will eventually unify the entire L2. Things are still stuck over in New York, compliance is truly an efficiency killer. With more cross-chain bridges, it all comes down to whether this one is reliable. SOL in ERC20 form feels a bit strange, but it's convenient after all. Exchanges are finally taking multi-chain seriously, it's about time. This wave of operations gives points to Base, but could it just be a new way to play people for suckers? Liquidity is strong, but what about security? Has anyone thought about that? The Base ecosystem is indeed rising, this time it's solid proof. I have to change the wallet address again, it's so troublesome.

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ImaginaryWhale

· 12-23 16:46

The infrastructure has improved again, but these regional restrictions are really annoying. --- Base is gradually eating into the share of other chains, interesting. --- Again, places like New York and Japan are being restricted. When will it be seamless globally? --- The increase in SOL liquidity is a good thing, but withdrawal fees need to be calculated carefully. --- Exchanges are now competing in the L2 ecosystem, Base is stable this time. --- It's possible to withdraw to a self-hosted wallet now; the risk is on you, freedom up. --- Multi-chain adaptation sounds simple, but how much compliance cost is there behind it? --- It feels like Base is about to become the second Ethereum; who still cares about Arbitrum? --- With so many regional restrictions, how many truly free users can there be? --- With Base on SOL, miners and market makers need to get busy.

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