Soneium, an Ethereum Layer-2 (L2) blockchain created to introduce Web3 technologies to Sony Group’s vast user base, has partnered with the Chainlink scale program. As part of this collaboration, Soneium will implement Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its primary cross-chain infrastructure.
The development of Soneium L2 stems from a joint effort between Sony Group and Startale, resulting in the creation of Sony Block Solutions Labs. Soneium aims to provide practical applications across entertainment, gaming, and finance, leveraging the strengths of both companies.
Soneium Joins Chainlink for Web3 Expansion
The Chainlink Scale program aims to foster sustainable growth in blockchain and Layer-2 ecosystems. It focuses on providing increased access to high-quality, affordable Oracle services. Through this partnership, Soneium will gain access to industry-standard Chainlink data feeds, which will be integrated into the Soneium Minato Testnet.
Sony Block Solutions Labs developed Soneium to address real-world challenges with innovative approaches, supporting the growth and maturity of the blockchain industry. This collaboration positions Soneium to leverage blockchain technology in practical ways across multiple industries, further advancing Web3 adoption.
“Soneium is built for developers, boasting the ability to handle high traffic, support complex apps, and deliver a seamless onboarding experience. Chainlink’s industry-standard infrastructure ensures that we’re providing the best possible experience for the Soneium ecosystem,” Jun Watanabe, Chairman at Sony Block Solutions Labs, told BeInCrypto.
Read More: How To Fund Innovation: A Guide to Web3 Grants
BeInCrypto reported that Soneium initially launched a testnet in partnership with the Astar (ASTR) Network. The testnet integrated Astar’s zkEVM assets and infrastructure with Soneium, providing initial liquidity while developing an environment for developers and users.
The Soneium team will set its technical infrastructure atop the Superchain ecosystem platform by using Optimism’s OP Stack technology, which coordinates multiple chains for better transaction throughput and efficiency.
Chainlink Social Media Buzz Sends LINK 15% Up
On-chain behavior analytics tool, Santiment, recently indicated a surge in social media buzz around Chainlink (LINK). Specifically, social media mentions have increased, going beyond its previous peak in December 2023.
“LINK’s discussion dominance across social media is officially at its highest level of 2024. Combined with declining total holders, this is generally a bullish signal if markets stabilize this upcoming week,” Santiment wrote.
The surging buzz can be attributed to the notable growth in Chainlink’s integration across diverse blockchain platforms. A recent status update indicated that at least seven blockchains, including Arbitrum, Base, BNB Chain, Ethereum, Polygon, Sonic Labs, and StarkNet, have taken up Chainlink-related integrations or services.
Other integrations include Ambit Finance, Borderless, Euler Finance, Jojo Exchange, Sonic, Tadle, and zkLend. Noteworthy, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) now supports over nine blockchains.
“The mainnet general availability of CCIP is something that makes it even easier for developers to quickly adopt CCIP as a secure mechanism for cross-chain connectivity,” Chainlink co-founder Sergey Nazarov told BeInCrypto.
These adoption numbers reflect Chainlink’s growing role in the decentralized finance (DeFi) space. As more projects take up Chainlink’s services, its influence continues to grow, reinforcing its position as an integral player in the ecosystem.
Read more: Chainlink (LINK) Price Prediction 2024/2025/2030
LINK Price Performance. Source: BeInCrypto
Amid the excitement, LINK’s price has surged nearly 15% over the past week, currently trading at $10.58. According to BeInCrypto data, the price has climbed 2.27% since the start of Thursday’s session.
