On Friday, Chainlink announced via X that Lympid, a Chainlink Build member, has adopted the Cross-Chain Token (CCT) standard for its LYP token. CCT is a secure framework for making any token cross-chain native via Chainlink CCIP. LYP can now be efficiently transferred across Base and Polygon.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is down 8% over the past 24 hours, trading at $23.50.