Skip to main content

Base Launches Secure Chainlink-Powered Bridge to the Solana Blockchain



Solana and Base Create Cross-Chain Bridge Using Chainlink Technology


Solana, the blockchain renowned for its high throughput and low transaction fees, has established a bridge to Coinbase’s Layer-2 solution, Base, leveraging Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This development marks a significant step toward enhanced liquidity and seamless asset transfer between two major decentralized networks, signaling a move toward greater interoperability within the blockchain ecosystem.


Base announced the launch of the bridge on Thursday, emphasizing its role in connecting to Solana securely through Chainlink’s CCIP. The bridge is now live on mainnet for developers to begin integration, with rollouts planned for broader application use across platforms such as Zora, Aerodrome, Virtuals, Flaunch, and Relay. This infrastructure allows users to trade Solana’s native tokens, SOL, and other Solana-based assets directly on Base, while developers can incorporate the bridge to support SPL tokens in their applications.


Solana, boasting assets worth approximately $9 billion, ranks as the second-largest blockchain by value locked, while Base, with assets totaling around $4.5 billion, holds the sixth position, according to DefiLlama. Both networks are popular for their ability to facilitate fast, low-cost trading and minting of memecoins, although recent activity trends differ: Solana’s active addresses peaked at over 6 million in November 2024 but have since declined to around 2.4 million, indicating a slowdown in user engagement. Conversely, Base’s active addresses have similarly decreased since June 2025, yet its transaction volume surged to nearly 407 million in November, reflecting a shift toward transaction activity despite user base contraction.



Solana active addresses chart
Solana active addresses have declined this year. Source: DefiLlama


Market Response Sees Minor Price Movements for SOL and LINK


The news of the cross-chain bridge did not significantly impact the price of Solana’s SOL token, which dipped approximately 3% to below $140. The token has seen a decline of over 50% from its peak of more than $293 in January 2025. Chainlink’s LINK experienced a similar 3% decline, now trading at around $14.30. Despite the launch of the first US-listed Spot Chainlink ETF, LINK remains down 73% from its record high near $53 in 2021, reflecting broad underperformance within the altcoin market cycle.


While the technology behind the bridge enhances interoperability and could increase cross-chain liquidity, market sentiment remains cautious, with minor price adjustments typical following such announcements. Both networks continue to explore expanded use cases beyond memecoin trading, signaling ongoing efforts to diversify their ecosystems in a rapidly evolving crypto landscape.



https://www.cryptobreaking.com/base-launches-secure-chainlink-powered/?utm_source=blogger%20&utm_medium=social_auto&utm_campaign=Base%20Launches%20Secure%20Chainlink-Powered%20Bridge%20to%20the%20Solana%20Blockchain%20
Labels:

Comments

Post a Comment

Popular posts from this blog

Scaramucci Family Invests $100M in Trump-Backed Bitcoin Mining Firm

The recent investment in American Bitcoin highlights the growing interest and participation of prominent figures and families in the cryptocurrency mining sector, particularly in the United States. With over $100 million from the Scaramucci family’s Solari Capital and backing from notable entrepreneurs and investors, American Bitcoin is solidifying its position as a significant player in the evolving blockchain and crypto markets. This move underscores the increasing institutional and individual involvement in Bitcoin and related assets, shaping the future of the crypto industry amidst regulatory and market dynamics. The Scaramucci family’s private investment firm, Solari Capital, has committed over $100 million to American Bitcoin, a major U.S.-based mining company. American Bitcoin raised $220 million in a funding round before going public via reverse merger, with notable backers including Tony Robbins, Charles Hoskinson, Grant Cardone, and Peter Diamandis. The company ...
Post a Comment
Read more

What Does it Mean When BTC Futures Turn Negative Compared to Spot Price?

Recent shifts in the cryptocurrency market highlight a growing cautious sentiment among traders, as the Bitcoin futures-to-spot basis has turned negative for the first time since March 2025. This development suggests a potential cooling of investor enthusiasm, with traders showing a preference to de-risk amid increasing market volatility. The trend underscores ongoing uncertainty in the crypto markets, impacting Bitcoin’s price outlook and trading dynamics. Bitcoin futures-spot basis has dipped into negative territory, signaling increased caution among traders. Internal exchange flow surges often precede heightened volatility and liquidity stress. The market’s leverage ratio has decreased, indicating a healthier futures environment and reduced forced-liquidation risks. Historical patterns of negative basis may point either to a market bottom or further downside, depending on subsequent price movements. Bitcoin futures-spot basis signals two different pathways Bitcoi...
Post a Comment
Read more

Binance Blockchain Week Main Stage Agenda

DUBAI- Friday, 21th November 2025 - Binance Blockchain Week will feature a lineup of government leaders, industry pioneers, and cultural icons for pivotal discussions on the future of the digital economy. The event will unpack critical topics, from Bitcoin and tokenization to the future of digital money, with headline keynotes and debates. KEY HIGHLIGHTS: UAE Leadership in AI and Digital Economy: His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, will open the main stage with a keynote address on the UAE's strategic vision and leadership in AI, digital assets, and the future economy. Michael Saylor's UAE Debut: Michael Saylor, Executive Chairman & Co-Founder of MicroStrategy, will deliver his first ever keynote in the UAE, "The Undeniable Case for Bitcoin," followed by a live community AMA. Industry Titans Unite: A powerhouse panel featuring Brad Garlinghouse (CEO, Ripple), Lily Liu (President & Co-Founder, Solan...
Post a Comment
Read more