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Cryptocurrency News Articles

Chainlink Expands Cross-Chain Interoperability to Solana

May 20, 2025 at 04:56 am

Chainlink has launched the CCIP v1.6 upgrade, expanding cross-chain interoperability to Solana and lowering user execution costs.

Chainlink has unveiled version 1.6 of the CCIP, introducing support for Solana as the first non-EVM chain and expanding cross-chain interoperability to new virtual machines and lower user execution costs.

The CCIP v1.6 upgrade brings support for non-EVM chains on Solana for broader cross-chain access. This move enables developers to reach Solana’s vast user base, extensive TVL, and growing decentralized application network.

As a result, CCIP is no longer limited to Ethereum-compatible environments. Chainlink has made the system VM-agnostic as developers can access new blockchain designs, including Move and SVM-based platforms.

CCIP v1.6 ensures compatibility with future technologies, offering long-term flexibility across evolving blockchain architectures. Hence, developers gain more freedom to build without being locked into a single virtual machine model.

Besides Solana, more non-EVM chains are expected to join, accelerating blockchain integration across the ecosystem. Interport and XSwap have already integrated Solana support through CCIP. OpenOcean and Transporter are expected to follow, broadening the cross-chain dApp infrastructure.

The new release also introduces chain-based deployments instead of lane-based designs, improving efficiency and enabling direct interoperability among all v1.6 chains.

This change lowers operational complexity and allows faster onboarding of both public and private chains. Consequently, developers can integrate more chains with less friction and faster deployment.

The system enables batch execution of messages from multiple source chains, which lowers transaction costs. These savings will benefit retail users and large institutions transacting across chains.

As adoption increases, cumulative gas savings could have a major economic impact across DeFi ecosystems.

Additionally, v1.6 reduces the onchain data footprint, which cuts execution overhead and simplifies processes for node operators. This helps decrease network maintenance costs, promoting long-term sustainability.

Chainlink has achieved these upgrades without network downtime or disruptions to current integrations.

The LINK price recorded a 4.56% increase over the last 24 hours, reflecting strong market confidence after the CCIP v1.6 launch.

The token rose from $15.26 to $15.77, with intraday volatility briefly pushing it above $16.00. After a midday pullback below $15.10, LINK regained strength and closed near its daily high.

Trading volume increased by 27.54%, reaching $573.33 million and supporting the upward trend. This volume surge indicates rising investor interest in Chainlink’s infrastructure developments.

Moreover, the market capitalization rose to $10.36 billion, showing LINK’s strengthening position in the crypto sector.

LINK’s upward move aligns with the CCIP upgrade, signaling a positive market response to Chainlink’s expanding cross-chain utility.

As more chains adopt CCIP, LINK could continue benefiting from growing developer adoption. This momentum may support further gains as Chainlink scales its infrastructure across the blockchain ecosystem.

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Other articles published on May 20, 2025