Market Cap: $2.9697T 1.460%
Volume(24h): $106.8686B 18.790%
  • Market Cap: $2.9697T 1.460%
  • Volume(24h): $106.8686B 18.790%
  • Fear & Greed Index:
  • Market Cap: $2.9697T 1.460%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$93113.538616 USD

-0.11%

ethereum
ethereum

$1748.590950 USD

-2.15%

tether
tether

$1.000392 USD

0.02%

xrp
xrp

$2.177851 USD

-1.16%

bnb
bnb

$600.317897 USD

-0.84%

solana
solana

$151.339663 USD

1.47%

usd-coin
usd-coin

$0.999927 USD

0.01%

dogecoin
dogecoin

$0.179240 USD

2.45%

cardano
cardano

$0.707230 USD

2.73%

tron
tron

$0.243466 USD

-0.61%

sui
sui

$3.323843 USD

10.76%

chainlink
chainlink

$14.828095 USD

0.41%

avalanche
avalanche

$21.905207 USD

-0.82%

stellar
stellar

$0.275988 USD

4.91%

unus-sed-leo
unus-sed-leo

$9.206268 USD

0.44%

Cryptocurrency News Articles

Ronin Network Completes Migration to Chainlink's CCIP

Apr 26, 2025 at 01:50 am

The Ronin Network has successfully completed the migration of its legacy Ronin Bridge to Chainlink's Cross-Chain Interoperability Protocol (CCIP)

Ronin Network Completes Migration to Chainlink's CCIP

The Ronin Network has completed the migration of its legacy Ronin Bridge to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), a move that marks a significant milestone in the blockchain’s evolution and its commitment to secure, seamless asset transfers across chains.

The migration, which follows an October 2024 validator community vote in which Ronin stakeholders opted for Chainlink over competing solutions from LayerZero and Axelar, also formalizes Chainlink CCIP as Ronin’s canonical cross-chain infrastructure provider.

“This is a major unlock for Ronin’s scalability and security,” said Trung Nguyen, chief executive officer and co-founder of Sky Mavis, the company that created the Ronin Network to support its popular Axie Infinity game ecosystem.

“With Chainlink CCIP, we now have a protocol-agnostic interoperability framework that helps safeguard more than $450 million of assets being bridged to and from Ronin, which is crucial given the 2022 exploit that impacted the bridge and resulted in over $600 million lost.”

Developers building games and decentralized applications on Ronin will benefit from streamlined access to a secure, high-throughput bridging solution, while users can now transfer tokens such as AXS, YGG, BANANA, USDC, and Wrapped Bitcoin with greater confidence and reduced friction.

However, the deprecated Ronin Bridge tab is still present on Ethereum to accommodate pending withdrawal requests from users yet to claim stranded tokens on Ethereum after the platform paused the legacy bridge amid suspicious withdrawals nearing 10 million on August 24.

Sky Mavis is encouraging the completion of these withdrawals before fully deprecating the old interface.

Beyond its role in streamlining cross-chain transactions, the integration of Chainlink CCIP unlocks new possibilities for expanding decentralised finance (DeFi) activity on Ronin by providing access to Chainlink’s broader suite of oracle and interoperability services.

This initiative aligns with Ronin’s vision to become the most accessible consumer chain in the Web3 gaming ecosystem.

Chainlink’s fast-growing ecosystem of bridges, oracles, and staking services will provide Ronin with a robust security framework, and Sky Mavis plans to leverage additional Chainlink solutions to enhance the user experience and drive broader adoption of the Ronin blockchain.

As Ronin scales to support the next generation of games and applications, the successful migration to Chainlink CCIP underscores a broader industry trend toward standardized interoperability solutions.

This milestone also highlights the importance of transparent, community-driven governance in fostering innovation and shaping the future of blockchain technology.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 26, 2025