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Chainlink CCIP Now Supports the Cross-chain Transfer of Native ETH

Twitter icon  •  Published 2 weeks ago  •  Hassan Maishera

Chainlink announced via X on Thursday that Chainlink CCIP now supports the cross-chain transfer of native ETH, starting with support for Ethereum, Arbitrum and Optimism.

Chainlink announced via X on Thursday that Chainlink CCIP now supports the cross-chain transfer of native ETH, starting with support for Ethereum, Arbitrum and Optimism. 

This upgrade means that CCIP now supports the cross-chain transfer of native ETH between different blockchain networks. Alongside this upgrade, a new pricing model has been introduced that makes CCIP one of the most cost-efficient options for securely and reliably bridging a wide range of tokens, ultimately accelerating transaction volume, high-value use cases, and overall cross-chain adoption, the team added. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 2% over the past 24 hours and is trading at $17.81 at press time.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.