On Wednesday, Chainlink announced via X that Silo, a leading lending protocol on Sonic with over $506M in TVL, is going cross-chain.
On Thursday, Chainlink announced via X that Silo, a leading lending protocol on Sonic with over $506M in TVL, is going cross-chain. Silo has adopted Chainlink CCIP and the Cross-Chain Token (CCT) standard to enable secure transfers of its SILO token across Arbitrum, Ethereum, and Sonic Labs.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is down 1% over the past 24 hours, trading at $15.81.
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.
