Solana and Coinbase's Base Integrate via Chainlink
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 3 hour ago
Bridge Launch: Solana and Coinbase's Ethereum layer-2 blockchain Base have launched a bridge using Chainlink's technology to enhance liquidity and enable seamless asset transfers between the two networks.
Technical Milestone: This bridge represents a significant achievement in cross-chain interoperability, connecting EVM-compatible chains with Solana's non-EVM architecture, positioning Base as a hub for multichain activity.
Market Activity: Both Solana and Base have seen declines in active addresses, with Solana's dropping from over 6 million to 2.4 million, while Base's transaction count has increased, reaching nearly 407 million in November.
Token Performance: Following the bridge announcement, the prices of Solana (SOL) and Chainlink (LINK) fell by approximately 3%, with SOL down over 50% from its January 2025 peak and LINK down 73% from its 2021 all-time high.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
