SOL is one of the most notable blockchains in the world.
However, recent developments in the blockchain suggest that there can be a massive positive price rally as Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is going live with the Solana mainnet. This is a big deal for beginners and investors.
Alongside the SOL price forecast, excitement is building around another altcoin called JetBOLT. The blockchain sold close to 355 million tokens in the last cycle, so there is a conflict between the two.
However, the latest news suggests that the LINK is on the verge of a major update that can bring the price of the token upto $500.
On May 19th, LINK’s CCIP update officially went live. This is a huge development for all the involved parties. However, the integration could increase the token’s price or even realign the trajectory.
If the move works, SOL could be the first non-ETH virtual machine network to adopt the new 1.6 version of CCIP. This can significantly increase the network’s speed while keeping the cost low.
At press time, the token is worth $173.95, with a 3.2% uptick in the last 24 hours. This shows that the blockchain is already showing signs of a positive climb in light of the update.