A guide to converting your Wrapped Solana to Solana on the SOL network. Get started in minutes with any Solana compatible wallet.
How to Convert Wrapped SOL to SOL
The easiest way to convert Wrapped SOL to SOL is with Phantom Wallet on the Solana network. If you have Wrapped SOL on your Phantom Wallet, you can simply follow these 3 steps to unwrap it:
- Click on your Phantom Wallet extension and click on the Wrapped SOL token in your asset list.
- Then click the "..." button to show more options.
- Select the "Unwrap all" button to convert your Wrapped SOL to SOL.
- You will then receive normal Solana (SOL) tokens in your Phantom wallet.
What are the Fees to Unwrap Solana (SOL) tokens?
The fees for wrapping and unwrapping Solana tokens are minimal due to Solana's high throughput. This is in contrast to Ethereum, which charges about $10 USD for converting ETH to WETH and vice versa.
What are Wrapped SOL Tokens on Solana?
Solana's native token, SOL, powers transactions on the network. To encourage broader adoption and use of the Solana blockchain, the Solana team introduced WSOL, an ERC20 token backed 1:1 by SOL tokens in a secure multisig wallet. Each WSOL token in circulation corresponds to a SOL token on the Solana blockchain.
Final Thoughts
Converting WSOL to SOL on the Solana network is simple and efficient with Phantom Wallet. In just a few clicks, you can easily convert your WSOL tokens to SOL without fees or long wait times. This is an optimal method for accessing the Solana blockchain.
Andrew Chen is a lead editor and auditor of content for Buy Bitcoin Bank, with a Masters of Computer Science and extensive knowledge in cryptocurrency and blockchain technology. He has helped ensure the accuracy and quality of the platform's educational resources for new and experienced investors in the crypto space.
