• About
  • FAQ
  • Contact Us
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
No Result
View All Result
Crypto News
No Result
View All Result
Home Market

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

admin by admin
May 19, 2025
in Market
0
Chainlink brings cross-chain interoperability to Solana, unlocking B in asset potential
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency

Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency

May 27, 2025
Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve

Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve

May 27, 2025

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



#Chainlink #brings #crosschain #interoperability #Solana #unlocking #19B #asset #potential

Tags: 19BassetBringsCCIPChainlinkCrossChaininteroperabilityPotentialSolanaUnlocking
Share76Tweet47

Related Posts

Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency

Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency

by admin
May 27, 2025
0

Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations...

Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve

Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve

by admin
May 27, 2025
0

Bo Hines told the 2025 Bitcoin Conference in Las Vegas on May 27 that the federal government will hold every...

Cetus seeks Sui community nod to unlock 2M to make users whole

Cetus seeks Sui community nod to unlock $162M to make users whole

by admin
May 27, 2025
0

Sui-based protocol Cetus said on May 27 that it can reimburse every user affected by its May 22 exploit if...

VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way

VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way

by admin
May 27, 2025
0

VanEck head of digital assets research Matthew Sigel called on US lawmakers to attach a royalty to domestic Bitcoin (BTC)...

SharpLink makes 5M Ethereum treasury plunge with Joseph Lubin’s guidance

SharpLink makes $425M Ethereum treasury plunge with Joseph Lubin’s guidance

by admin
May 27, 2025
0

SharpLink Gaming plans to establish a $425 million Ethereum (ETH) treasury under the guidance of Consensys CEO and Ethereum co-founder...

Load More
  • Trending
  • Comments
  • Latest
Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

April 25, 2025
Saylor says Warren Buffett’s Berkshire Hathaway is Bitcoin of 20th century – Deep Insight

Saylor says Warren Buffett’s Berkshire Hathaway is Bitcoin of 20th century – Deep Insight

May 7, 2025
Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

Amazon CEO on Crypto and NFTs, EPNS to Expand Beyond Ethereum + More News

April 25, 2025
Why DeFi agents need a private brain

Why DeFi agents need a private brain

May 4, 2025
US Commodities Regulator Beefs Up Bitcoin Futures Review

US Commodities Regulator Beefs Up Bitcoin Futures Review

0
Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0
India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0
Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: 5.55

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
ASIC Sues Former Blockchain Global Exec Over M in Unpaid Customer Claims

ASIC Sues Former Blockchain Global Exec Over $20M in Unpaid Customer Claims

May 28, 2025
Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

May 28, 2025
Bitcoin Traders Eye New Highs by End of Summer; Ether Rises 3% on Treasury Optimism

Bitcoin Traders Eye New Highs by End of Summer; Ether Rises 3% on Treasury Optimism

May 28, 2025
Cetus Reveals Recovery Plan, Taps SUI for Bridge Loan

Cetus Reveals Recovery Plan, Taps SUI for Bridge Loan

May 28, 2025
  • About
  • FAQ
  • Contact Us
Call us: +1 23456 JEG THEME

© 2025 Btc04.com

No Result
View All Result
  • Home
  • News
  • Market
  • Analysis
  • DeFi & NFTs
  • Guides
  • Tools
  • Flash
  • Insights
  • Subscribe
  • Contact Us

© 2025 Btc04.com