Close Menu
Global News HQ
    What's Hot

    City providing $90M in subsidies for Coney Island affordable housing project

    June 18, 2025

    Mortgage Rates and the Federal Reserve: Everything to Know Before Today's Decision

    June 18, 2025

    Prediction: This Monster Stock Can Double in 5 Years | The Motley Fool

    June 18, 2025
    Recent Posts
    • City providing $90M in subsidies for Coney Island affordable housing project
    • Mortgage Rates and the Federal Reserve: Everything to Know Before Today's Decision
    • Prediction: This Monster Stock Can Double in 5 Years | The Motley Fool
    • Important Binance Announcement Affecting These Viral Meme Coins: Details
    • Lincoln Recalls Aviator SUVs for Second Battery Repair
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • City providing $90M in subsidies for Coney Island affordable housing project
    • Mortgage Rates and the Federal Reserve: Everything to Know Before Today's Decision
    • Prediction: This Monster Stock Can Double in 5 Years | The Motley Fool
    • Important Binance Announcement Affecting These Viral Meme Coins: Details
    • Lincoln Recalls Aviator SUVs for Second Battery Repair
    • Rosetta Getty Resort 2026 Collection
    • 5 Ways to Style a Simple White Maxi Dress for Your Summer Travels, According to a Shopping Writer
    • 5 Ways Entrepreneurs Are Rethinking SEO Amid the Rise of GenAI
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Cryptocurrency & Blockchain - Chainlink brings cross-chain interoperability to Solana, unlocking $19B in asset potential
    Cryptocurrency & Blockchain

    Chainlink brings cross-chain interoperability to Solana, unlocking $19B in asset potential

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Chainlink brings cross-chain interoperability to Solana, unlocking B in asset potential
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Chainlink has expanded its Cross-Chain Interoperability Protocol (CCIP) to the Solana blockchain, according to a May 19 announcement.

    According to the statement, CCIP facilitates secure communication and data transfer between different blockchain networks. By integrating CCIP, Solana now supports Chainlink’s Cross-Chain Token (CCT) Standard, a key building block for scalable multi-chain token deployments.

    Solana users and developers can now connect to Ethereum, Arbitrum, Base, Optimism, BNB Chain, and Sonic through CCIP. It also links to bridging protocols such as OpenOcean, XSwap, Transporter, and Interport, further expanding its interoperability.

    Meanwhile, this marks a significant milestone for CCIP, as this is its first integration with a non-Ethereum Virtual Machine (EVM) network since the launch of its v1.6 upgrade.

    Solana is one of the largest blockchain networks, renowned for its speed, cost, and efficiency. The network has also emerged as a dominant platform for decentralized exchange activity, thanks to the proliferation of memecoins launchpads like Pump.fun and others.

    Implications for Solana

    According to the statement, this deployment allows Solana to benefit from rising demand for cross-chain utility, giving developers access to a broader market while drawing in liquidity from outside ecosystems.

    Chainlink Labs Chief Business Officer Johann Eid described the move as a gateway for assets to flow into Solana’s ecosystem. He believes the integration lays the groundwork for institutional activity by increasing asset depth, liquidity, and real-world asset (RWA) tokenization.

    He stated:

    “Solana’s high throughput, low fees, and large developer community make it an ideal environment for building next-generation, cross-chain applications. With CCIP, leading projects representing billions of dollars in market cap can now move assets into the Solana ecosystem.”

    Chainlink stated that several leading crypto projects, including  Solv, Backed Finance, and Shiba Inu, are already lining up to use CCIP’s infrastructure on Solana.

    Other protocols, such as Maple Finance, The Graph, Zeus Network, and Pepe, are expected to follow them. Collectively, these projects represent over $19 billion in market capitalization.

    Meanwhile, Solana stated:

    “[This is a] big unlock for Solana DeFi. Devs now have access to Chainlink Data Feeds, Data Streams, and CCIP.”

    Mentioned in this article



    Source link

    CCIP chainlink Solana
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleEight Ways To Save on Your Next Luxury Trip
    Next Article DOGE Loses Battle to Take Over USIP—and Its $500 Million Headquarters

    Related Posts

    Important Binance Announcement Affecting These Viral Meme Coins: Details

    June 18, 2025

    Bitcoin NVT Enters Reversal Zone: BTC Dangerously Overvalued?

    June 18, 2025

    LatAm energy giant executes landmark $75M oil and gas deal via blockchain tokenization

    June 18, 2025

    U.S. Senate Passes Stablecoin Bill The GENIUS Act

    June 18, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Real Estate
    2 Mins Read

    City providing $90M in subsidies for Coney Island affordable housing project

    The tide is high for BFC Partners to finally make a move on a Coney…

    Mortgage Rates and the Federal Reserve: Everything to Know Before Today's Decision

    June 18, 2025

    Prediction: This Monster Stock Can Double in 5 Years | The Motley Fool

    June 18, 2025

    Important Binance Announcement Affecting These Viral Meme Coins: Details

    June 18, 2025
    Top
    Real Estate
    2 Mins Read

    City providing $90M in subsidies for Coney Island affordable housing project

    The tide is high for BFC Partners to finally make a move on a Coney…

    Mortgage Rates and the Federal Reserve: Everything to Know Before Today's Decision

    June 18, 2025

    Prediction: This Monster Stock Can Double in 5 Years | The Motley Fool

    June 18, 2025
    Our Picks
    Real Estate
    2 Mins Read

    City providing $90M in subsidies for Coney Island affordable housing project

    The tide is high for BFC Partners to finally make a move on a Coney…

    Technology & Gadgets
    6 Mins Read

    Mortgage Rates and the Federal Reserve: Everything to Know Before Today's Decision

    The Fed’s interest rate decisions impact mortgages, but the relationship isn’t straightforward. Tharon Green/CNETLater today,…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version