TLDR Base and Solana launched a bridge using Chainlink’s Cross-Chain Interoperability Protocol to enable asset transfers between the two networks The bridge allows users to trade Solana tokens and SPL assets on Base apps like Zora, Aerodrome, and Virtuals Solana holds $9 billion in locked value as the second-largest blockchain while Base ranks sixth with [...] The post CoinBase and Solana Launch Cross-Chain Bridge Using Chainlink Protocol appeared first on CoinCentral.TLDR Base and Solana launched a bridge using Chainlink’s Cross-Chain Interoperability Protocol to enable asset transfers between the two networks The bridge allows users to trade Solana tokens and SPL assets on Base apps like Zora, Aerodrome, and Virtuals Solana holds $9 billion in locked value as the second-largest blockchain while Base ranks sixth with [...] The post CoinBase and Solana Launch Cross-Chain Bridge Using Chainlink Protocol appeared first on CoinCentral.

CoinBase and Solana Launch Cross-Chain Bridge Using Chainlink Protocol

2025/12/05 14:39

TLDR

  • Base and Solana launched a bridge using Chainlink’s Cross-Chain Interoperability Protocol to enable asset transfers between the two networks
  • The bridge allows users to trade Solana tokens and SPL assets on Base apps like Zora, Aerodrome, and Virtuals
  • Solana holds $9 billion in locked value as the second-largest blockchain while Base ranks sixth with $4.5 billion
  • This marks a technical milestone connecting Ethereum Virtual Machine chains with Solana’s different architecture
  • SOL and LINK tokens both dropped 3% following the announcement

Coinbase’s Base network and Solana have connected through a new bridge that allows users to move assets between the two blockchains. The bridge went live on mainnet this week using Chainlink’s Cross-Chain Interoperability Protocol.

The new infrastructure enables users to trade Solana-based tokens on Base applications without leaving the Base environment. Apps including Zora, Aerodrome, Virtuals, Flaunch, and Relay have integrated the bridge for their users.

Base developers can now add support for Solana assets like SOL and SPL tokens directly in their applications. The bridge code is open-source and available on GitHub for any development team to integrate.

Technical Connection Between Different Blockchain Types

The bridge represents a technical achievement by linking Ethereum Virtual Machine compatible chains with Solana’s separate architecture. Base operates as an Ethereum layer-2 network while Solana uses its own non-EVM system.

Solana currently ranks as the second-largest blockchain by total value locked with $9 billion in assets. Base holds the sixth position with $4.5 billion in locked value according to DefiLlama data.

Both networks focus on high-speed transactions and low fees. These characteristics have made them popular for memecoin trading and minting activities.

Usage Patterns and Activity Levels

Solana’s active addresses peaked at over 6 million in November 2024 but have since dropped to 2.4 million. The decline in activity has continued throughout 2025.

Base has experienced similar patterns with active addresses declining since June 2025. However, the network’s total transaction count increased this year, reaching nearly 407 million transactions in November.

Johann Eid, Chief Business Officer at Chainlink Labs, stated the bridge helps developers build secure cross-chain applications. He said this infrastructure supports the vision of global onchain finance.

Token Price Performance

The SOL token price fell 3% on the day of the announcement to below $140. The token now trades more than 50% below its January 2025 all-time high of over $293.

Solana (SOL) PriceSolana (SOL) Price

Chainlink’s LINK token also dropped approximately 3% to $14.30. LINK remains 73% below its 2021 peak of nearly $53 despite the recent launch of the first US spot LINK exchange-traded fund.

Base positions itself as a hub for multichain activity rather than competing only within the Ethereum ecosystem. Solana is the first blockchain to connect through this bridge with more chains expected to follow.

The post CoinBase and Solana Launch Cross-Chain Bridge Using Chainlink Protocol appeared first on CoinCentral.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37