Base and Solana are now linked together through a Chainlink-secured bridge, letting people move assets between Coinbase’s Ethereum layer-2 and Solana’s blockchain. This went live on Thursday and is already rolling out across apps like Zora, Aerodrome, and Relay.
The technical side is actually pretty impressive since it connects EVM-compatible chains with Solana’s completely different architecture. Base is basically positioning itself as a multichain hub instead of staying stuck competing only with other Ethereum layer-2s.
Both blockchains have been popular for memecoin trading because of their low fees and fast transactions. Base has $4.5 billion locked, while Solana sits at $9 billion, making them the sixth- and second-largest blockchains, respectively.
What’s interesting is neither blockchain has been doing great with user numbers lately. Solana’s active addresses peaked at over 6 million last November but dropped to just 2.4 million now. Base peaked in June 2025 and has been declining since, though transaction counts are still climbing.
The market didn’t seem to care much about this bridge news, though. SOL dropped 3% to below $140, now down over 50% from its January high of $293. Chainlink’s LINK also fell 3% to $14.30, sitting 73% below its 2021 peak despite launching the first US spot LINK ETF recently. Altcoins just aren’t performing this cycle.
Conclusion
Base and Solana’s new Chainlink-powered bridge boosts multichain connectivity, but weak user activity and falling token prices show the market isn’t rewarding major network upgrades this cycle.
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