How to Add Solana to Metamask
Solana is a high-performance, low-cost, scalable blockchain platform that supports smart contracts and decentralized applications. Metamask is a popular Ethereum wallet that allows users to access the Ethereum network and its various dApps from their browser.
However, Solana and Metamask are not compatible, because they use different blockchain protocols and address formats. This means that you cannot directly add a Solana account or send and receive SOL tokens on Metamask.
So, is there a way to add Solana to Metamask? The answer is yes, but it requires some tricks and tools. This article will show you how to use Binance Smart Chain to add Wrapped Solana (wSOL) to your Metamask account, as well as how to manage and trade wSOL on Metamask, and how to convert wSOL back to original SOL.
Using Binance Smart Chain to Add wSOL to Metamask
Binance Smart Chain (BSC) is an Ethereum-compatible blockchain network that offers faster, cheaper, and more flexible transactions and smart contract services. On BSC, there is a token called wSOL, which is a wrapped version of Solana, meaning that it is a token that pegs to the price of Solana, and each wSOL corresponds to one real SOL.
To add wSOL to Metamask, you need to first switch Metamask to the BSC network. This can be done by following these steps:
- Open the Metamask browser extension and click on the network selector at the top right corner.
- Choose the “Custom RPC” option and enter the following information:
- Network Name: Binance Smart Chain
- New RPC URL: https://bsc-dataseed.binance.org/
- Chain ID: 56
- Currency Symbol: BNB
- Block Explorer URL: https://bscscan.com
- Click on the “Save” button to complete the network switch.
Next, you need to add wSOL token on Metamask. This can be done by following these steps:
- In the Metamask browser extension, click on the “Add Token” button.
- Choose the “Custom Token” option and enter the following information:
- Token Contract Address: 0x49e833337ece7afe375e44f4e3e8481029218e5c
- Token Symbol: wSOL
- Decimals of Precision: 9
- Click on the “Next” button and confirm adding the token.
That’s it, you have successfully added wSOL to your Metamask account. You can see your wSOL balance and transaction history on Metamask.
Managing and Trading wSOL on Metamask
To manage and trade wSOL on Metamask, you need some BNB tokens as gas fees. BNB is the native token of the BSC network, and it is used to pay for transaction fees and smart contract execution fees. You can buy BNB on any exchange or platform that supports the BSC network, and send it to your Metamask address.
With BNB in your account, you can send and receive wSOL on Metamask. You just need to enter the recipient’s address and amount, just like sending any other token. You can also view your wSOL transaction history and details on Metamask.
Besides sending and receiving wSOL, you can also trade wSOL with other tokens on various decentralized exchanges (DEXes) that support the BSC network. Some of the popular DEXes are PancakeSwap, BakerySwap, ApeSwap, etc. You can swap wSOL with other tokens such as BNB, BUSD, CAKE, etc., or provide liquidity for wSOL pairs and earn fees or rewards.
Converting wSOL Back to Original SOL
If you want to convert your wSOL back to original SOL, you need to use a bridge service that connects the BSC network and the Solana network. One such service is Wormhole, which allows you to transfer tokens across different blockchains in a trustless and decentralized way.
To use Wormhole, you need to follow these steps:
- Go to the Wormhole website and connect your Metamask wallet.
- Choose “BSC” as the source chain and “Solana” as the destination chain.
- Enter the amount of wSOL you want to transfer and click on “Continue”.
- Enter your Solana address or select one from your Phantom wallet (a popular Solana wallet).
- Click on “Continue” and confirm the transaction on Metamask.
- Wait for the confirmation and the completion of the transfer.
After the transfer is done, you will receive the equivalent amount of SOL on your Solana address. You can then use your Phantom wallet to manage and trade your SOL on the Solana network.
Conclusion
This article has shown you how to add Solana to Metamask using Binance Smart Chain and Wrapped Solana. You have also learned how to manage and trade wSOL on Metamask, and how to convert wSOL back to original SOL using Wormhole. We hope this article has been helpful and informative for you.