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Virtuals shifts $700M in tokens from LayerZero to Chainlink CCIP for cross-chain operations

Market News
27 Oct 2026, 22:13 WIB
Crypto Economy
View Source
Bullish
Virtuals shifts $700M in tokens from LayerZero to Chainlink CCIP for cross-chain operations

Virtuals Protocol is transitioning its entire cross-chain infrastructure from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP). This move involves withdrawing over $700 million worth of VIRTUAL tokens from LayerZero. The switch aims to leverage Chainlink CCIP's capabilities for improved cross-chain functionality, signaling a significant shift in Virtuals' technology strategy. This change could impact the broader cross-chain ecosystem by highlighting Chainlink's growing influence.

Chainlink's role in cross-chain interoperability is underscored by Virtuals Protocol's move to its CCIP, while on Pluang, LINK trades at Rp207.371, up 0.95%. Virtuals Protocol's token, VIRTUAL, is priced at Rp11.352 with a 2.15% gain as of Oct 28, 2026 02:22 WIB, reflecting active market interest despite a majority sell order activity.

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