Coinbase, Chainlink Introduce Base-Solana Bridge to Link Ecosystems
A brand new bridge connecting Base, the layer 2 incubated by Coinbase, and the Solana blockchain is now stay on mainnet, giving customers and builders a option to transfer belongings immediately between the 2 ecosystems.
Secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase, the Base-Solana bridge allows buying and selling and utilization of Solana-based tokens, together with SOL and different SPL belongings, on decentralized purposes constructed on Base.
Early adopters embody apps like Zora, Aerodrome, Virtuals, Flaunch, and Relay.
For customers, this implies they will now deposit Solana tokens into Base-based decentralized purposes that combine the bridge and start buying and selling or interacting with them with out leaving the Base setting.
For builders, it opens up the power to assist native Solana belongings natively inside their purposes.
“By leveraging Chainlink CCIP because the cross-chain infrastructure securing the Base-Solana Bridge, Base allows builders to construct essentially the most safe cross-chain purposes and transfer the trade towards a dependable interoperability normal that’s adopted by the biggest monetary establishments on the earth,” mentioned Johann Eid, Chief Enterprise Officer at Chainlink Labs.
“That is how onchain finance scales to securely assist world markets and the tons of of trillions in worth they signify,” Eid added.
The bridge, which is open-source and stay on GitHub, permitting any staff to combine cross-chain assist, marks a step towards a broader imaginative and prescient of interconnected blockchains and “always-on” capital markets. Solana is the primary chain to be linked, with extra anticipated to comply with.
