[Chainlink’s cross-chain interoperability protocol now supports 9 blockchains]
Chainlink has reached an important milestone in the blockchain interoperability industry with the launch of the Cross-Chain Interoperability Protocol (CCIP) that supports multiple blockchains. According to a press release, Chainlink has expanded CCIP to include nine well-known blockchains including Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Kroma, Optimism, Polygon and WEMIX.
CCIP is now popular, allowing developers to transfer tokens across different blockchains and send messages to smart contracts, and supports programmable token transfers to achieve seamless exchange of data and value, greatly improving the efficiency of decentralized applications. Efficiency and functionality.
In addition, new features such as Transporter – a cross-chain application – and expanded token transfer capabilities have boosted CCIP’s growth. In the first quarter of 2024, CCIP's cross-chain transaction volume increased by 900% compared with the previous quarter, and the transfer volume increased by a significant 4,000%. The expansion of CCIP is critical to establishing a connected market for tokenized real estate assets (RWA). As part of the Chainlink platform, CCIP provides the data and computing resources needed to operate tokenized asset markets.
