The Internet Computer Protocol (ICP) will integrate Solana in an attempt to create multi-chain apps. ICP has already integrated Bitcoin and Ethereum, and is capable of hosting DeFi projects at a lower cost, while tapping the liquidity in those networks.
Dfinity Foundation, the creator and major contributor to the Internet Computer Protocol (ICP) announced the integration of Solana onto the ICP chain. The new integration uses ICP’s Fusion technology, allowing the protocol to connect to some of the world’s most active public blockchains.
“By bridging the gap between Solana and ICP through Chain Fusion, we are granting developers with powerful new tools to build next-generation dApps that unify speed, security, and decentralization in one seamless experience, essentially dissolving the barriers that limit blockchain innovation,” said Jan Camenisch, Chief Technology Officer at Dfinity.
The integration of Solana means that the native smart contracts of ICP, known as canisters, can interact with the other chain and fuse DeFi with seamless performance and security. The technology removes the need for a bridge, which is one of the riskiest and most attacked types of smart contracts. Canisters are a form of smart wallets, which allow the reading of addresses and the distribution of funds based on predetermined permission settings.
The Chain Fusion technology will enable app builders to launch on ICP without a need for a full migration. This will allow the growing user base of ICP to tap external DeFi liquidity, with higher speed and at a lower cost.
Solana apps can also use the efficient on-chain processing of ICP, instead of adding another off-chain component.
Dfinity aims for decentralized Internet ecosystem
The integration of multiple public chains marks another step for Dfinity toward building a decentralized Internet ecosystem. The fusion of chains will open up additional Web3 opportunities for both projects and end users.
The fusion will open up ICP to a potential 4.8M daily active users, after the recent growth of Solana due to meme token and DEX activity. ICP also has a limited DeFi sector, with just under $30M in total value locked, but the chain is suitable to host already established apps in DEX trading and lending. The chain also carries around 297 BTC in wrapped form, also used for DeFi security.
Currently, ICP carries around 9K in daily internet identities or active users, based on Token Terminal data. The chain has around 5.3K daily unique active wallets. For now, it remains uncertain which apps will use both chains for their activity.
ICP currently trades at around $5.12, within its middle range for the past month. The chain is currently ranked in 190th place based on its activity and apps, while hosting a handful of native projects with their own tokens. Despite its relatively low rank, ICP is one of the growing chains in 2025, aiming to revive its activity during the current bull market and increased demand for Web3 activity.
ICP has raised $167M in multiple high-profile ranks, backed by a16z and Polychain Capital. The chain has been through several market cycles since its inception in 2018, and aims to tap the currently hot chains for DEX and lending activity.