Chainlink Cross-Chain Interoperability Protocol Goes Live on L2 Base
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- Chainlink Cross-Chain Interoperability Protocol (CCIP) went live on Coinbase’s Layer 2 Base today.
- LINK, Chainlink’s native token, gained more than 7% following the latest development.
- Chainlink CCIP integrated with DeFi exchange Sushi earlier this month.
Chainlink Cross-Chain Interoperability Protocol (CCIP) went live on Base earlier today. Folks Finance, a multi-chain decentralized finance platform, reportedly integrated Chainlink CCIP on Base testnet to improve cross-chain lending capabilities. Folks Finance was joined by several other crypto projects, including the NFT collection, Polychain Monsters.
According to a press release by Chainlink earlier today, the CCIP has gone live on Base, the layer 2 protocol incubated by American crypto exchange Coinbase. Base is secured by Ethereum and has gained significant popularity in the crypto community online. Chainlink’s native token, LINK, gained over 7% following the latest developments.
“The scalability and technological creativity of Base as a layer 2 solution, combined with an ever-increasing number of Chainlink services, is a boon for developers looking to build the next generation of cross-chain…
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