Today, Solana, the high-performance blockchain for scaling low-cost DeFi applications, announced that Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is officially live on Solana Mainnet.
CCIP now supports 57+ blockchains and enables secure asset and data transfer across the Ethereum Virtual Machine (EVM) and Solana Virtual Machine (SVM) ecosystems. Solana is the first non-EVM chain to employ the latest CCIP v1.6 upgrade, which accelerates cost-effective scaling to hundreds of additional blockchains.
As the industry standard for blockchain interoperability, CCIP leverages Chainlink’s time-tested oracle infrastructure, which has enabled over $20 trillion in transaction value, to achieve the highest level of cross-chain security reinforced by a separate Risk Management Network.
CCIP’s many benefits include the Cross-Chain Token (CCT) standard, which allows any ERC-20-compatible token to be turned into a CCT with additional security and reliability benefits including configurable rate limits.
Projects including Solv, Backed Finance, and Shiba Inu can now leverage the CCT standard to expand their existing CCIP-enabled tokens into Solana’s ecosystem, while others such as ElizaOS, The Graph, Maple Finance, Pepe, and Zeus Network plan to adopt the CCT standard. This amounts to CCTs with a collective market cap of more than $19 billion entering Solana’s ecosystem.
The initial integration connects Solana to Arbitrum, Base, BNB Chain, Ethereum, Optimism, and Sonic. CCIP-enabled bridging apps Interport, OpenOcean, Transporter, and XSwap are also integrating support for Solana.
Traditional financial institutions, such as Swift and Euroclear, which already leverage Chainlink can now participate in expanding Solana’s tokenized real-world asset (RWA) economy, while EVM-based DeFi communities and token developers gain access to Solana’s user base.
In an official announcement, Chainlink Labs’ Chief Business Officer, Johann Eid, defined CCIP’s mainnet launch on Solana as a “pivotal milestone” in onchain finance.
“With CCIP, leading projects representing billions of dollars in market cap can now move assets into the Solana ecosystem, laying the foundation for an asset-rich ecosystem that attracts institutional capital, deepens liquidity, and expands the footprint of tokenized RWAs,” he said.
Joe Flanagan, co-founder of leading onchain asset manager Maple Finance, underscored the need for CCIP’s secure, scalable standard to expand Maple’s product suite of yield-bearing stablecoins across the digital asset ecosystem.
“Interoperability is essential to unlocking institutional participation at scale, and we’re proud to integrate Chainlink’s Cross-Chain Token (CCT) standard – bringing syrupUSD to Solana and other leading ecosystems,” he said.