A brand new bridge connecting Base, the layer 2 incubated by Coinbase, and the Solana blockchain is now stay on mainnet, giving customers and builders a approach to transfer property straight between the 2 ecosystems.
Secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase, the Base-Solana bridge allows buying and selling and utilization of Solana-based tokens, together with SOL and different SPL property, on decentralized functions constructed on Base.
Early adopters embody apps like Zora, Aerodrome, Virtuals, Flaunch, and Relay.
For customers, this implies they’ll now deposit Solana tokens into Base-based decentralized functions that combine the bridge and start buying and selling or interacting with them with out leaving the Base surroundings.
For builders, it opens up the flexibility to help native Solana property natively inside their functions.
“By leveraging Chainlink CCIP because the cross-chain infrastructure securing the Base-Solana Bridge, Base allows builders to construct probably the most safe cross-chain functions and transfer the trade towards a dependable interoperability customary that’s adopted by the biggest monetary establishments on the earth,” mentioned Johann Eid, Chief Enterprise Officer at Chainlink Labs.
“That is how onchain finance scales to securely help world markets and the tons of of trillions in worth they characterize,” Eid added.
The bridge, which is open-source and live on GitHub, permitting any workforce to combine cross-chain help, marks a step towards a broader imaginative and prescient of interconnected blockchains and “always-on” capital markets. Solana is the primary chain to be linked, with extra anticipated to comply with.
