• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Chainlink Launches Cross-Chain Token Standard: LINK Gains 6%

user avatar

by Giorgi Kostiuk

a year ago

Chainlink announced a major upgrade to the Cross-Chain Interoperability Protocol v1.5, now live on mainnet for all developers.

Chainlink Introduces CCIP v1.5

On January 15, the Chainlink team announced the Cross-Chain Interoperability Protocol v1.5 upgrade is now live on mainnet for all developers. This upgrade allows developers to take their tokens cross-chain in a self-serve manner and deploy Cross-Chain Tokens (CCTs) across more than twenty blockchains in minutes.

New CCT Standard

CCIP v1.5 introduces the Cross-Chain Token (CCT) standard, which provides developers with full control, enhanced programmability, and zero-slippage transfers. Developers are not required to embed any CCIP-specific code into their token’s smart contract to utilize CCT. The upgrade also includes a CCIP Token Manager for streamlined deployment and management of CCTs.

LINK Price Increase

Chainlink’s native token, LINK, gained about 6% on the day to reach an intraday high of $20.60 during early trading in Asia on Wednesday. LINK has suffered a decline of approximately 30% over the past month, but buyers have again pushed its price back to resistance at $20.

The introduction of the CCT standard and the CCIP v1.5 upgrade offer developers new opportunities for integrating cross-chain functionality, fostering growth and popularity of Chainlink projects.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ornith10: Tailored for Agentic Coding, Not General AI

chest

Ornith10 is specifically designed for agentic coding tasks, making it unsuitable for general-purpose AI applications.

user avatarKaterina Papadopoulou

DeepReinforce Unveils Ornith10: A Breakthrough in Open Source Coding Models

chest

DeepReinforce has launched Ornith10, a family of open-source coding models available in four sizes, optimized for agentic coding tasks.

user avatarMaya Lundqvist

New Report on Market and Onchain Data Released

chest

A report based on publicly available market and onchain data has been published. This report aims to provide insights into current market trends and dynamics.

user avatarLeo van der Veen

Cryip Emphasizes Commitment to Quality Reporting

chest

Cryip has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarLi Weicheng

Beincrypto's Commitment to Editorial Integrity

chest

Beincrypto has released a report highlighting its strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarAisha Farooq

Dailycoin Emphasizes Strict Editorial Policy

chest

Dailycoin emphasizes its strict editorial policy prioritizing accuracy and impartiality.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.