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Chainlink Data Feeds goes live on Soneium's Minato testnet

Chainlink Data Feeds goes live on Soneium’s Minato testnet

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Source: Crypto Briefing

Key Takeaways

  • Soneium joins Chainlink Scale program, integrating Chainlink’s data feeds on its Minato testnet.
  • Chainlink CCIP will serve as the canonical cross-chain infrastructure for Soneium.

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Decentralized oracle network Chainlink announced today that Soneium, the next-generation Ethereum layer 2 blockchain developed by Sony Block Solutions Labs, has joined the Chainlink Scale program, granting it access to Chainlink Data Feeds on Soneium’s Minato testnet.

Chainlink Data Feeds, trusted by numerous entities like Base, Starknet, and Sonic Labs (formerly known as Fantom Foundation), provides secure and tamper-proof access to real-world data, essential for the development of decentralized applications (dApps) on Soneium.

The strategic partnership also includes the integration of the Chainlink Cross-Chain Interoperability Protocol (CCIP) as Soneium’s canonical cross-chain infrastructure, Chainlink said.

According to Jun Watanabe, Chairman of Sony Block Solutions Labs, Chainlink’s reputation and reliability ensure that Soneium’s users benefit from a robust and secure platform. Watanabe believes Chainlink’s technology can help Soneium provide a superior experience for its developers and end-users.

“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,” Watanabe stated.

Launched in August 2024, Soneium is part of Sony’s mission to make web3 a part of everyday life for billions of people. The platform aims to deliver cutting-edge solutions to real-world challenges, fostering the growth and maturity of the blockchain industry.

“Sony has long been a pioneer in web2, and with the recent launch of Soneium has taken on a prominent role in pioneering the next iteration of web2, the verifiable web,” said Johann Eid, Chief Business Officer at Chainlink Labs, discussing Sony’s involvement in web2 and its leading role in the next generation of the Internet.

“We are excited to see Soneium join the Chainlink Scale Program and choose Chainlink CCIP as its canonical cross-chain infrastructure,” Eid stated.

Dedicated to supporting the development of blockchain and layer 2 ecosystems, the Chainlink Scale program has welcomed several blockchain ecosystems to participate in its initiative, such as Avalanche, Metis, and Starknet, to name a few.

By covering operating costs for Chainlink oracle networks, it enables these ecosystems to access high-quality oracle services at a low cost. As these ecosystems mature, dApp user fees can gradually cover the operating costs.

Chainlink said its CCIP is supported by a battle-tested Chainlink infrastructure that has enabled over $14 trillion in transaction value while maintaining level-five cross-chain security and unparalleled reliability. The Risk Management Network plays a key role in CCIP’s security as it continually monitors and verifies cross-chain operations for erroneous activity.

The adoption of Chainlink’s infrastructure demonstrates Soneium’s commitment to providing developers with the best tools and resources.

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Author: Vivian Nguyen