This update leverages the Base <> Solana bridge, enabling seamless cross-chain transfers and allowing SOL to function as an ERC20 token on Base.
This development simplifies using SOL across multiple ecosystems while opening up new possibilities for decentralized finance and app usage.
How Cross-Chain SOL Works
With this integration, Coinbase users can move SOL between Solana and Base networks easily. Withdrawals are straightforward: users click ‘Withdraw,’ select SOL as the asset, choose ‘Crypto Address,’ select Base as the network, input the destination wallet, confirm, and initiate the transaction.
Deposits follow a similar flow: click ‘Deposit,’ select SOL, choose ‘Crypto Address,’ acknowledge the instructions, select Base, copy the provided address, and send SOL from an external wallet. The tokens then appear in the Coinbase SOL balance automatically.
NEW: COINBASE EXCHANGE NOW ALLOWS USERS TO DEPOSIT AND WITHDRAW $SOL USING THE BASE NETWORK
SOURCE: https://t.co/F8uMdgmIoB pic.twitter.com/21njzmdHtN
— DEGEN NEWS (@DegenerateNews) December 23, 2025
A real-world example of this in action could involve a decentralized application on Base that accepts SOL payments. Previously, users would need to convert SOL to Ethereum or other networks, incurring extra steps and fees. Now, they can directly send SOL from Coinbase via the Base network, streamlining user experience and reducing transaction friction.
This aligns with a recent trend in crypto toward cross-chain interoperability. According to Messari, cross-chain bridges have seen more than $1.2 trillion in cumulative volume this year. This highlights growing demand for seamless transfers across networks.
Considerations and Restrictions
While this new feature provides more flexibility, users should be aware of certain restrictions. Deposits and withdrawals of SOL on Base are currently unavailable to residents of multiple countries, including New York, Japan, Germany, Canada, and the United Kingdom. It is crucial to verify eligibility before initiating transfers to avoid failed transactions or lost funds.
Moving $SOL on Coinbase Exchange just got easier.
You can now deposit and withdraw SOL using the Base network.
Learn more here: https://t.co/7FlvGdOKlh
— Coinbase Markets 🛡️ (@CoinbaseMarkets) December 23, 2025
This Base integration reflects a broader trend in the blockchain industry: the rise of cross-chain functionality that reduces friction and improves user experience. By enabling SOL to function natively on Base as an ERC20 token, Coinbase is supporting broader adoption and usability for both investors and everyday users.
Disclaimer
The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
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