How to Bridge ETH to Solana in Minutes (Step-by-Step)

Bridging Ethereum (ETH) to Solana opens the door to faster transactions, lower fees, and access to Solana-based decentralized applications (dApps). 

However, the process can be tricky if you're new to cross-chain transfers. This guide will walk you through how to safely bridge ETH to Solana. 

How to bridge ETH to Solana 

The bridging process involves a few simple steps:

1. Choose a Bridge – Several platforms facilitate Ethereum-to-Solana transfers. Cross-Chain Swapper by Phantom is a popular choice due to its user-friendly interface. 
2. Connect Your Wallet – Use a multi-chain wallet like Phantom that supports Ethereum and Solana. 
3. Select the Amount – Enter the amount of ETH you want to transfer to Solana.
4. Confirm the Transaction – Approve the transaction in your wallet and wait for it to be processed.
5. Receive SOL or Wrapped ETH (wETH) – Depending on the bridge, you’ll receive either SOL or wETH on the Solana network — which you can use to start making transactions! 

Best ETH to Solana Bridges

Let’s walk through some popular ETH to Solana bridges. 

• Cross-Chain Swapper by Phantom Wallet – A built-in bridging feature on Phantom Wallet. This is one of the easiest options for bridging ETH to Solana — since it doesn’t require you to leave your wallet.
• Portal by Wormhole – Portal is one of the most widely used Ethereum-to-Solana bridges, supporting multiple assets, including NFTs.
• deBridge – deBridge is an easy-to-use platform that allows you to swap ETH for SOL across blockchains in seconds! 
• Allbridge – Allbridge is a crypto bridge that supports dozens of blockchains with a simple, user-friendly interface. 
• Stargate Finance: Stargate Finance uses cross-chain liquidity pools to allow you to bridge assets in seconds! 
• Mayan Finance: Mayan Finance is an application that allows you to swap assets — like ETH and SOL — across blockchains using an auction system. The platform automatically finds the best exchange rate for you based on live bids. 

What are crypto bridges? 

Crypto bridges enable assets to move across different, incompatible blockchains. This means that if you own Ethereum, you can use bridges to interact with decentralized applications on the Solana blockchain!

Bridges support various asset types, including:

• Cryptocurrency (like ETH and SOL)
• NFTs (bridging Ethereum-based NFTs to Solana and vice versa)
• Data and smart contract information

Why should I bridge ETH to Solana? 

Bridging ETH to Solana provides multiple advantages:

• Lower Fees & Faster Transactions – Ethereum gas fees can be expensive, while Solana transactions cost a fraction of a cent and confirm almost instantly.
• Access to Solana dApps – Bridging your ETH gives you access to Solana-based applications like Jupiter, Sanctum, and pump.fun. 
• Avoiding Centralized Exchanges (CEXs) – Instead of converting ETH to SOL on an exchange and withdrawing, bridging allows you to stay in control of your assets without a middleman. 

How crypto bridges work 

Today, most protocols that support bridging maintain liquidity pools across different blockchains. 

For example, when you swap ETH on the Ethereum blockchain, your assets will be sold into a liquidity pool. Then, you’ll receive an equivalent amount of SOL on the Solana blockchain. 

Crypto bridges best practices 

Security is a major concern when using crypto bridges. In 2022, bridge hacks accounted for 69% of total crypto stolen. 

Let’s walk through some best practices for crypto bridges: 

• Use Trusted Bridges – Stick to well-known providers like Phantom’s Cross-Chain Swapper and the other options listed above. 
• Verify URLs – Scammers create fake bridge sites. Always double-check website URLs before connecting your wallet.
• Be Cautious with Approvals – Some bridges request unlimited token approvals. Whenever possible, set custom limits. 
• Check Gas Fees and Estimated Time – Be sure that you have enough ETH to cover transaction fees and avoid failed transfers.

Is Crypto Bridging Taxable?

In most situations, crypto bridging comes with tax implications. 

Tax implications of bridging ETH to SOL 

If you’re swapping ETH for SOL, you should treat the transaction as a crypto-to-crypto trade. You’ll incur a capital gain or loss depending on how the price of your ETH has changed since you originally received it.

Tax implications of bridging ETH to wETH  

At this time, there is no guidance from the IRS on whether trading ETH for wETH is a taxable event. Depending on your risk tolerance, you can pick a conservative or aggressive approach to tax reporting: 

• Conservative Approach: Treat the transaction as a crypto-to-crypto swap. This means you should report a capital gain or loss depending on how the price of your crypto changed since you originally received it. 
• Aggressive Approach: Treat the transaction as maintaining ownership of the same asset — meaning that no taxable event occurs. 

If you’re not sure how to report your crypto bridging transactions on your taxes, talk to your tax accountant. 

Crypto tax software like CoinLedger can help you track all of your capital gains and losses from crypto and generate complete tax forms in minutes. 

Conclusion

Bridging ETH to Solana allows you to take advantage of lower fees, faster transactions, and an expanding DeFi ecosystem. Always follow best security practices and be informed about potential tax implications.