Base and Solana open liquidity and asset bridge 

Source Cryptopolitan

The Base-Solana bridge has officially gone live on mainnet, according to an announcement shared via Base’s official X page. It marks a major step forward in cross-chain interoperability between Base and Solana. 

With the bridge in place, users can enjoy seamless, bidirectional asset transfers from Solana to Base, and vice versa, without needing to rely on centralized exchanges or third-party intermediaries.

What’s the Base—Solana bridge?

According to Base’s official X page, the Base-Solana bridge, which makes it easy for anyone to move assets across both ecosystems, is secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP), via a bespoke cross-chain oracle, alongside Coinbase. 

Coinbase and Chainlink CCIP are node operators, each independently verifying all messages in a bid to ensure all token transfers between Base and Solana are safe and reliable.

The rollout is happening on multiple apps, including Zora, AerodromeFi, Virtuals, Flaunch, and RelayProtocol, and is available for anyone to use.

Users will also be able to trade and use Solana assets on Base natively, and this covers not only standard tokens like  $SOL, but also memecoins like $CHILLHOUSE, $TRENCHER, and many more. 

The move is ultimately designed to unlock unified liquidity pools across both ecosystems, allowing users to trade, deploy, and interact with assets from either chain in a single environment.

Base’s official announcement aligns with its core vision of being a “bridge rather than island” and an “everything economy,” where “every asset, across every network, [is] available at any time.” 

On the other side of the bridge, the Solana network has become the first chain to get connected via this infrastructure, though there are plans in the pipeline for expansions to other networks like Avalanche and Polygon. 

“By leveraging Chainlink CCIP as the cross-chain infrastructure securing the Base-Solana Bridge, Base enables developers to build the most secure cross-chain applications and move the industry toward a reliable interoperability standard that is adopted by the largest financial institutions in the world,” said Johann Eid, Chief Business Officer at Chainlink Labs. “This is how onchain finance scales to securely support global markets and the hundreds of trillions in value they represent.” 

Base chain facilitated JPMorgan bridge with DeFi

Given its lofty goal of being the “everything economy,” the recent moves have been on brand for Base. It just announced the bridge between Solana and Base, but weeks before that, it played a big role in helping JPMorgan Chase & Co. begin the rollout of its JPM Coin deposit token. 

The token, which enables institutional clients to settle transactions instantly and 24/7, marks a major expansion of traditional banking into public blockchain infrastructure and is based on the Base network. 

The token named the JPM Coin represents dollar deposits held at the bank, allowing clients to send and receive funds on Base. 

Unlike traditional stablecoins, JPM Coin can pay holders interest, which makes it an attractive alternative for institutions, including crypto trading firms that use stablecoins for collateral or liquidity management. 

By hosting both the JPM Coin and DeFi-native services, Base has the combo of supporting regulated banking tokens and permissionless financial applications, a synergy that creates a unified infrastructure under which TradFi and DeFi can coexist.

The alignment also shows that more banks are increasingly experimenting with blockchain to facilitate faster, cheaper, and more accessible payments beyond traditional business hours.

Sign up to Bybit and start trading with $30,050 in welcome gifts

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Silver Price Forecast: XAG/USD surges to record high above $56 amid bullish momentumSilver (XAG/USD) climbs to a fresh all-time high on Friday, buoyed by dovish Federal Reserve expectations alongside strong industrial and investment demand.
Author  FXStreet
Dec 01, Mon
Silver (XAG/USD) climbs to a fresh all-time high on Friday, buoyed by dovish Federal Reserve expectations alongside strong industrial and investment demand.
placeholder
Crypto Market Outlook: Bitcoin, Ethereum, and XRP Tumble as BoJ Hawkishness Sparks Risk-Off RoutBitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
Author  Mitrade
Dec 01, Mon
Bitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
placeholder
Fed’s $13.5B Liquidity Injection: Will it Fuel Bitcoin to $50K or Signal a Crash?The Federal Reserve injected $13.5 billion into the banking system, signaling a significant liquidity boost for Bitcoin and risk assets, rivaling levels from the COVID-19 era.
Author  Mitrade
Dec 03, Wed
The Federal Reserve injected $13.5 billion into the banking system, signaling a significant liquidity boost for Bitcoin and risk assets, rivaling levels from the COVID-19 era.
placeholder
Solana Price Forecast: ETF Demand and Derivatives Flows Fuel a Sharper ReboundSolana (SOL) trades above $140 after a 10% daily jump, as ETF inflows flip positive, futures open interest climbs 6.75% and on-chain TVL and stablecoin liquidity rise, setting up a potential double-bottom breakout toward the 50-day EMA at $158 if SOL can secure a daily close above $145.
Author  Mitrade
Dec 03, Wed
Solana (SOL) trades above $140 after a 10% daily jump, as ETF inflows flip positive, futures open interest climbs 6.75% and on-chain TVL and stablecoin liquidity rise, setting up a potential double-bottom breakout toward the 50-day EMA at $158 if SOL can secure a daily close above $145.
placeholder
Avalanche Bulls Eye Trend Reversal, Though Muted Derivatives Signal CautionAvalanche (AVAX) consolidates above $14.00 after an 8% breakout, but with open interest below $600 million and key resistance at $17.14 looming, traders remain cautious.
Author  Mitrade
19 hours ago
Avalanche (AVAX) consolidates above $14.00 after an 8% breakout, but with open interest below $600 million and key resistance at $17.14 looming, traders remain cautious.
goTop
quote