Solana and Coinbase’s Ethereum layer-2 blockchain Base have been bridged together using Chainlink’s technology in a move to increase liquidity between the two networks.
Base announced on Thursday that it launched a bridge connecting it to Solana, secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase. This integration enables seamless asset transfers between the two blockchains.
The bridge is now live on mainnet for developers to integrate into their applications. It is also rolling out for general use in applications including Zora, Aerodrome, Virtuals, Flaunch, and Relay.
Users will gain the ability to trade Solana (SOL) and a variety of Solana-based assets directly on Base. Furthermore, Base developers can integrate the bridge to natively support Solana assets, such as SPL tokens, within their applications.
Solana currently ranks as the second-largest blockchain by total value locked, holding $9 billion in assets. Base is the sixth-largest with $4.5 billion in assets, according to DefiLlama. Both blockchains are recognized for their focus on facilitating trading and offering low transaction fees.
A Cross-Chain Interoperability Milestone
This bridge represents a significant technical achievement, as it successfully connects Ethereum Virtual Machine (EVM)-compatible chains with Solana’s non-EVM architecture.
Base is strategically positioning itself as a central hub for multichain activity, rather than solely competing within the EVM ecosystem. This approach could provide a competitive advantage as users increasingly seek access to assets across different chains without the complexity of managing multiple wallets.
Both Base and Solana have primarily served as platforms for memecoin minting and trading, largely due to their high throughput and low transaction costs.
Activity on Solana has seen a decline over the past year. Active addresses reached a peak of over 6 million in November 2024, subsequently falling to current levels of 2.4 million, according to DefiLlama.
Base has also experienced a decline in active addresses since peaking in June 2025. However, the blockchain’s transaction count has increased this year, reaching a monthly peak of nearly 407 million in November.
SOL and LINK Trade Down on the Day
The price of the Solana token did not show a positive reaction to the news, dipping 3% on the day to trade below $140. SOL is now down more than 50% from its January 2025 all-time high of over $293.
Chainlink (LINK) also experienced a decline, dropping around 3% on the day to $14.30. LINK is now down 73% from its 2021 all-time high of nearly $53. This decline has occurred despite the recent launch of the first U.S. spot LINK exchange-traded fund, as altcoins have generally underperformed in the current market cycle.