Chainlink brings cross-chain interoperability to Solana, unlocking $19B in asset potential

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

According to the statement, CCIP facilitates secure communication and data transfer between different blockchain networks. By integrating CCIP, Solana now supports Chainlink’s Cross-Chain Token (CCT) Standard, a key building block for scalable multi-chain token deployments.

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.

Meanwhile, this 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, renowned for its speed, cost, and efficiency. The network has also emerged as a dominant platform for decentralized exchange activity, thanks to the proliferation of memecoins launchpads like Pump.fun and others.

Implications for Solana

According to the statement, this deployment allows Solana to benefit from rising demand for cross-chain utility, giving developers access to a broader market while drawing in liquidity from outside ecosystems.

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

He stated:

“Solana’s high throughput, low fees, and large developer community make it an ideal environment for building next-generation, cross-chain applications. With CCIP, leading projects representing billions of dollars in market cap can now move assets into the Solana ecosystem.”

Chainlink stated that several leading crypto projects, including  Solv, Backed Finance, and Shiba Inu, are already lining up to use 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.

Meanwhile, Solana stated:

“[This is a] big unlock for Solana DeFi. Devs now have access to Chainlink Data Feeds, Data Streams, and CCIP.”

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