Hassan Maishera
On Monday, the Chainlink team announced via X that Chainlink's Cross-Chain Interopability Protocol (CCIP) is officially live on Solana Mainnet. This integration enables projects, including Solv, Backed Finance, Shiba Inu, and more, to expand their existing CCIP-enabled tokens into the Solana ecosystem, leveraging the Cross-Chain Token (CCT) Standard.
The launch of CCIP on Solana unlocks new opportunities for users and developers by providing the secure cross-chain infrastructure required for institutional-grade blockchain applications. New teams planning to adopt the CCT standard, including ElizaOS, The Graph, Maple Finance, Pepe, Zeus Network, and more, are joining them. These CCTs coming to Solana via CCIP represent a collective market cap of over $19 billion.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 1% over the past 24 hours, trading at $15.76 at press time.
Solana is an integrated, open-source blockchain that synchronizes global information at the speed of light. The network is focused on fast transactions and high throughput to encourage mass consumer adoption of blockchain technology. SOL is down 2.5% in the last 24 hours and trades at $166.61.
