Sergey Nazarov has announced that CCIP has gone live on the Solana to enable the secure transfer of data across different blockchain networks. 
Chainlink has also partnered with the Solana Foundation to support startups on Solana with technical resources and guidance.

Sergey Nazarov, the co-founder of the Chainlink network, made a major announcement while speaking at the SolanaAccelerate event. He revealed that Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has officially gone live on the Solana (SOL) network.

“I’m thrilled to say that now, as of this week, CCIP is live on Solana,” Nazarov said.

It brings that same level of security and reliability to the cross-chain world, which we all know is highly unreliable, has had many hacks, and creates serious issues for blockchain adoption in capital markets.

Nazarov broke down what makes CCIP important by highlighting the two major problems that it will solve for Solana. “What CCIP really provides is two things,” he said.

First, it delivers the highest level of security for bridges, something institutions and enterprises absolutely need to interact with blockchains in a reliable way.

He went on to explain that the second key feature is its ability to enable programmable token transfers. This means tokens can not only move across chains, but also perform specific actions once they arrive, like triggering a debt repayment or automatically depositing into a lending protocol. In essence, CCIP is not only connecting blockchains but also making those connections smarter, safer, and more useful for real-world applications.

This integration is a big step forward for Solana. With CCIP now live, Solana gains access to over $19 billion in CCIP-enabled token liquidity and can now interact seamlessly with other major blockchains like Ethereum and Avalanche. More importantly, the upgrade allows for secure transfers of both value and data across EVM (Ethereum Virtual Machine), SVM (Solana Virtual Machine), and even into traditional capital markets, laying the foundation for more complex and useful decentralized finance (DeFi) applications.

Chainlink BUILD Program Expands to Solana

That wasn’t all. Nazarov also introduced another initiative. “The other big thing that we’ve now done is we’ve made the Chainlink BUILD program available in the Solana ecosystem in partnership with the Solana Foundation, ” he shared.

Nazarov emphasized the spirit behind Chainlink’s BUILD program, explaining:

This program is about us coming together to support the best early-stage projects in Solana, offering mentorship, technical help, and other critical resources.

He shared that this has already proven successful in other ecosystems, where some of the biggest projects got their start through the BUILD program. Now, with backing from the Solana Foundation, Chainlink is bringing the same opportunity to Solana’s growing developer community, alongside tools like Chainlink’s data feeds, cross-chain interoperability solutions, and soon, the Chainlink Runtime Environment.

Currently, Solana is ranked as the 6th largest token with a market capitalization of $ 91 billion. The tokens’ trading volume has seen a rise of 21% to settle at $ 6.28 billion in the past day, while SOL trades at $174. As we reported, optimism around Solana is increasing as we expect the approval of an Exchange Traded Fund (ETF) that will possibly push SOL to $200.

In comparison, Chailink’s native token, LINK, is trading at $15.73 after a 6.44% decline in the last 24 hours and a 10.5% increase in the last 30 days. Looking forward, CNF highlighted that the nearest resistance level is $18, and a breakthrough could lead LINK to the second resistance at $22.

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Filed under: Bitcoin - @ May 24, 2025 2:57 pm