Market Cap: $3.4942T -1.390%
Volume(24h): $121.2684B 20.640%
  • Market Cap: $3.4942T -1.390%
  • Volume(24h): $121.2684B 20.640%
  • Fear & Greed Index:
  • Market Cap: $3.4942T -1.390%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$102418.358867 USD

-1.97%

ethereum
ethereum

$3298.096549 USD

1.21%

xrp
xrp

$3.048127 USD

-1.30%

tether
tether

$0.999866 USD

-0.01%

solana
solana

$231.464380 USD

-2.61%

bnb
bnb

$675.655067 USD

-0.56%

usd-coin
usd-coin

$0.999928 USD

-0.01%

dogecoin
dogecoin

$0.327988 USD

-0.25%

cardano
cardano

$0.945324 USD

-1.12%

tron
tron

$0.256233 USD

0.65%

chainlink
chainlink

$25.471085 USD

1.61%

avalanche
avalanche

$34.603954 USD

-1.17%

stellar
stellar

$0.416369 USD

-2.01%

sui
sui

$4.058447 USD

-3.89%

toncoin
toncoin

$4.893106 USD

1.10%

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 L2 Blockchain Collaborates with Chainlink to Introduce Web3 to Sony Group’s User Base

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.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Feb 01, 2025