Shiba Inu & Chainlink Team Up To Strengthen Shibarium
Several networks have come together in the past to boost their utility, performance, and ecosystem in general. More recently, the Shiba Inu (SHIB) network announced its collaboration with Chainlink (LINK). The latest partnership, Shibarium, Shiba Inu’s Layer-2 blockchain, would primarily use Chainlink’s blockchain interoperability standard as its cross-chain architecture. Would this impact the price of both these networks? Also Read: Cardano Price Prediction For The End Of 2024: Can ADA Breach $1.5? Looking Into The Latest Partnership Source: Watcher Guru Along with the latest integration, assets like BONE and LEASH will be accessible on 12 blockchains thanks to the adoption of the Cross-Chain Token (CCT). Token transfers between Ethereum and other chains are made possible by the lock-and-mint process, but the burn-and-mint technique makes cross-chain transfers between all other networks possible. Shytoshi Kusama, the lead developer of Shiba Inu, called the development ...