Solana and Base are now connected through innovation with Chainlink’s protocol

Source: PortaldoBitcoin Original Title: Solana and Base are now connected through innovation with Chainlink protocol Original Link: Ethereum’s layer-2 network, Base, can now incorporate SOL and other Solana assets thanks to a new bridge between the two networks.

The Base-Solana bridge, secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and the Base trading platform, allows users to seamlessly move assets between the Base and Solana ecosystems.

“To build a global economy, we need to make it interoperable and connected; and being a bridge, not an island, has been a core value of Base from day one,” the network team wrote in a statement.

“If we want to bring the world onto the blockchain, we need to make it extremely simple for people to move assets at internet speed, discover new applications regardless of which chain they’re built on, and unlock value wherever it exists,” the post continued.

The bridge will allow users to migrate and trade assets from both ecosystems and is already active on popular Base applications such as the token launch platform Zora and Aerodrome, the largest decentralized exchange (DEX) on the layer-2 network.

Other applications can implement the open-source bridge on their platforms, allowing users to trade Solana or Base assets regardless of the network they’re using.

“This is an important step toward our goal of making Base a hub for the everything economy: every asset, on every network, at any time — and Solana is just the beginning,” the Base announcement says.

First launched in 2023, Base has grown to become the fifth-largest blockchain by bridge total value locked (TVL), a metric that calculates the value of all tokens on a network. The network saw an almost 5% increase in TVL over the past week, reaching $14.89 billion, while Solana holds $29.4 billion.

In September, Base executive Jesse Pollak gave in to long-standing speculation that the network would launch its own token, saying the company is indeed exploring the launch of a Base token — although no plans are definitive.