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Cryptocurrency News Articles
Soneium L2 Blockchain Collaborates with Chainlink to Introduce Web3 to Sony Group’s User Base
Sep 13, 2024 at 11:17 am
Soneium, an Ethereum Layer-2 (L2) blockchain aimed at introducing Web3 technologies to Sony Group's extensive user base, has made a significant
Soneium, a Layer-2 (L2) blockchain initiative by Sony Group, has joined forces with Chainlink through the Chainlink Scale program. This partnership will see Soneium adopt Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its primary cross-chain infrastructure.
The collaboration aims to enhance Soneium’s capacity to introduce Web3 technologies to Sony’s extensive user base. This partnership will contribute to the broader goal of advancing decentralized applications and Web3 adoption across entertainment, gaming, and finance.
Technical Infrastructure and Future Growth
Soneium is being developed by Sony Block Solutions Labs, a joint venture between Sony Group and blockchain startup Startale. This L2 blockchain will be used for practical applications in various sectors.
Soneium is built on the Superchain ecosystem platform, utilizing Optimism’s OP Stack technology. This setup allows multiple chains to coordinate more effectively, improving transaction throughput and efficiency.
On the other hand, Chainlink’s prominence in the blockchain ecosystem has been increasing, as reflected by the recent surge in social media attention surrounding its native token, LINK.
According to on-chain analytics tool Santiment, social media mentions of Chainlink reached their highest level in 2024, indicating growing interest in the platform’s capabilities. This rise in attention is partly due to the widespread integration of Chainlink’s services across various blockchains, including major platforms like Ethereum, Arbitrum, Base, BNB Chain, Polygon, and StarkNet.
In addition to Soneium, other projects like Ambit Finance, Borderless, Euler Finance, Jojo Exchange, Sonic, Tadle, and zkLend have adopted Chainlink’s technology, further expanding the company's reach in the decentralized finance (DeFi) space.
Chainlink’s CCIP, in particular, has become a cornerstone of cross-chain connectivity, now supporting over nine blockchains. Chainlink co-founder Sergey Nazarov noted that the general availability of CCIP on the mainnet has made it easier for developers to adopt the protocol, allowing for more secure and efficient cross-chain transactions.
As more projects integrate Chainlink’s services, its influence in the blockchain ecosystem continues to grow, reinforcing its role as a key player in the advancement of DeFi and cross-chain infrastructure.
The Bottom Line on Soneium and Chainlink PartnershipThis partnership is a strategic move by Soneium as it aligns with its broader vision of bringing Web3 technologies to Sony’s global audience. By integrating Chainlink’s CCIP, Soneium is enhancing its cross-chain capabilities, making it more appealing to developers and businesses looking to build on a robust and scalable blockchain platform.
The collaboration also highlights the growing importance of cross-chain interoperability in the Web3 space, as more projects seek to bridge the gap between different blockchain networks. As Soneium continues to develop its blockchain ecosystem, its partnership with Chainlink will likely play a pivotal role in shaping the future of decentralized applications and Web3 adoption across entertainment, gaming, and finance.
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