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Cryptocurrency News Articles

Chainlink Expands Its Cross-Chain Interoperability Protocol (CCIP) to the Solana Blockchain

May 20, 2025 at 12:48 am

According to a May 19 announcement, Chainlink has expanded its Cross-Chain Interoperability Protocol (CCIP) to the Solana blockchain.

Chainlink has expanded its Cross-Chain Interoperability Protocol (CCIP) to the Solana blockchain, according to a May 19 announcement.

CCIP enables safe communication and data transfer between different blockchain networks, the statement noted. With the integration of CCIP, Solana gains support for Chainlink’s Cross-Chain Token (CCT) Standard, a key component for structuring multi-chain tokens at scale.

Solana users and developers can now connect to Ethereum, Arbitrum, Base, Optimism, BNB Chain, and Sonic through CCIP. It also links to bridging protocols such as OpenOcean, XSwap, Transporter, and Interport, further expanding its interoperability.

The development marks a significant milestone for CCIP, as this is its first integration with a non-Ethereum Virtual Machine (EVM) network since the launch of its v1.6 upgrade.

Solana is one of the largest blockchain networks, known for its speed, cost-effectiveness, and efficiency. The network has also become a dominant platform for decentralized exchange activity, thanks to the presence of memecoin launchpads like Pump.fun and others.

According to the statement, this deployment will allow Solana to benefit from the increasing demand for cross-chain utility, providing developers with access to a broader market while drawing in liquidity from external ecosystems.

Chainlink Labs Chief Business Officer Johann Eid described the move as opening a gateway for assets to flow into Solana’s ecosystem. He noted that the integration paves the way for institutional activity by increasing asset depth, liquidity, and real-world asset (RWA) tokenization.

“Solana’s high throughput, low fees, and large developer community make it an ideal environment for building next-generation, cross-chain applications,” said Eid.

“With CCIP, leading projects representing billions of dollars in market cap can now move assets into the Solana ecosystem.”

Chainlink mentioned that several leading crypto projects, including Solv, Backed Finance, and Shiba Inu, are already planning to utilize CCIP’s infrastructure on Solana.

Other protocols, such as Maple Finance, The Graph, Zeus Network, and Pepe, are expected to follow them. Collectively, these projects represent over $19 billion in market capitalization.

“Big unlock for Solana DeFi. Devs now have access to Chainlink Data Feeds, Data Streams, and CCIP,” Solana added.

Original source:cryptoslate

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