2024-9-12 21:30 |
Soneium, an Ethereum Layer-2 network, has joined Chainlink’s Scale program, according to a Sept. 12 statement shared with CryptoSlate.
This move grants the blockchain network’s Minato Testnet access to Chainlink’s Data Feeds and also makes the Oracle network’s Cross-Chain Interoperability Protocol (CCIP) services its canonical cross-chain infrastructure.
Chainlink’s Data Feeds provide decentralized off-chain data to support various smart contract use cases, particularly for DeFi applications.
Meanwhile, CCIP will enable seamless interoperability between Soneium and other blockchains, enhancing Web3 and traditional systems integration. Over the past year, the technology has witnessed significant adoption from major traditional institutions, including South Korean gaming giant Wemade.
Soneium stated:
“With Chainlink’s proven infrastructure (having powered over $15T in transaction value), we’re ensuring that Soneium Minato can handle high traffic, support complex apps, and provide smooth onboarding for everyone.”
This development comes nearly a month after Sony Block Solution Labs introduced Soneium, which will offer Web3 technologies to Sony’s user base. Soneium aims to address real-world challenges and expand blockchain adoption.
The Chainlink Scale initiative focuses on supporting blockchain and Layer 2 ecosystems. It provides affordable access to high-quality Oracle services, which dApp user fees can eventually sustain as the ecosystem matures.
Sony Block Solutions Labs Chairman Jun Watanabe highlighted Soneium’s developer-friendly capabilities, including its ability to manage high-traffic and complex applications while ensuring a seamless onboarding experience.
He said:
“Chainlink’s industry-standard infrastructure ensures that we’re providing the best possible experience for the Soneium ecosystem.”
Similarly, Chainlink Labs Chief Business Officer Johann Eid expressed enthusiasm about the collaboration and said that Sony’s launch of Soneium positions it to lead the evolution of Web2 through the adoption of Chainlink’s CCIP as a key cross-chain solution.
Chainlink’s LINK token is up 2% in the last 24 hours and was trading at $10.55 as of press time, according to CryptoSlate’s data.
The post Soneium integrates with Chainlink to advance its capabilities appeared first on CryptoSlate.
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