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Solv Protocol Integrates Chainlink CCIP

Share on X icon · Published 1 year ago on October 9, 2024 · Hassan Maishera

Chainlink announced via X on Tuesday that Solv Protocol has integrated Chainlink CCIP into its Staking Abstraction Layer (SAL).

Solv Protocol Integrates Chainlink CCIP

Chainlink announced via X on Tuesday that Solv Protocol has integrated Chainlink CCIP into its Staking Abstraction Layer (SAL). By leveraging CCIP to enable secure cross-chain BTC transfers, SAL is positioned to help unlock Bitcoin’s potential in DeFi and the broader multi-chain ecosystem.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 3% over the past 24 hours and is trading at $10.78 at press time.

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Hassan Maishera
Hassan Maishera Senior Reporter

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.