Chainlink’s CCIP is now are residing on Solana, enabling deplorable-chain transfers between Solana and significant blockchains like Ethereum and BNB Chain.
Chainlink’s Unhealthy-Chain Protocol Goes Live to express the tale Solana
Chainlink’s Unhealthy-Chain Interoperability Protocol (CCIP) is now operational on Solana, marking its first deployment on a non-Ethereum Digital Machine (EVM) blockchain throughout the v1.6 give a grab to. The integration objectives to enable real deplorable-chain asset and recordsdata transfers between Solana and networks like Ethereum, BNB Chain, and Arbitrum.
The give a grab to permits projects much like Maple Finance, Shiba Inu, and Backed Finance to expand tokenized resources into Solana’s ecosystem the employ of Chainlink’s Unhealthy-Chain Token (CCT) common. Collectively, these tokens signify over $19 billion in market cost. CCIP’s v1.6 replace also reduces transaction charges and streamlines structure for scaling all the draw through an total bunch of blockchains.
Chainlink’s infrastructure, which secures billions in decentralized finance (DeFi) total cost locked (TVL), will strengthen Solana’s high-tempo, low-fee environment. In the release shared with Bitcoin.com Files, Johann Eid, chief swap officer at Chainlink Labs, acknowledged the integration positions Solana to entice institutional capital and deepen liquidity for tokenized real-world resources (RWAs).
Maple Finance co-founder Joe Flanagan highlighted CCIP’s role in increasing institutional participation, noting its syrupUSD stablecoin will bridge to Solana. Synthetic intelligence (AI) platform ElizaOS plans to employ CCIP for deplorable-chain autonomous agent transactions, per founder Shaw Walters.
Chainlink already offers tag feeds and recordsdata streams to Solana protocols like GMX- Solana and Kamino Finance. Extra CCIP-enabled bridges, alongside with Openocean and Transporter, are integrating Solana strengthen.
The start follows CCIP’s growth to several significant blockchains, with extra non-EVM compatibility anticipated. Solana becomes the most modern network in a map facilitating billions in deplorable-chain transactions thus some distance.
