What is Wrapped Solana (wSOL)? A Simple Guide to the Token Behind Solana's DeFi Growth
Wrapped Solana (wSOL) lets you use SOL in DeFi apps by converting it into an SPL token. It's 1:1 backed by SOL, works on DEXs and lending platforms, and powers over 87% of Solana's DeFi activity. Here's how it works and why it matters.