Chainlink News: Ronin Blockchain Migrates $450M in Assets to Chainlink CCIP on April 26

Based on a new Chainlink news report, Ronin is migrating to the Chainlink blockchain. This gaming blockchain will connect and migrate its Bridge to Chainlink’s cross-chain interoperability protocol. This move will enhance Ronin’s security, user experience, and cross-chain connectivity. Such positive LINK news can also help in increasing the Chainlink price as more investors find out about this platform and crypto’s potential for growth. The LINK token’s growth is also continuing, as the new market data shows some positive changes. The statistics show that the number of active LINK users has shown stability. 

Why Did Ronin Choose Chainlink’s CCIP?

This LINK news was announced on the official X account of the Ronin platform. It also comes after the Ronin community of validators voted CCIP for the Bridge’s canonical cross-chain infrastructure provider. This vote was taken in October of 2024, and the choice was made between Chainlink, LayerZero, and Axelar. To facilitate this migration, Chainlink is now helping to move and secure over $450 million worth of assets with the CCIP system. The Ronin Bridge has also seen quite a lot of security issues, which makes Chainlink security a logical choice. 

.@Ronin_Network has officially migrated its legacy Ronin Bridge and all supported assets ($450M+ across 12 assets) to Chainlink CCIP as the network's canonical cross-chain infra.https://t.co/HWB2ghJaI7

CCIP was selected by the Ronin validator community for its industry-leading… https://t.co/e7mPxMaCZO pic.twitter.com/LMXZlZzHu1

— Chainlink (@chainlink) April 25, 2025

This platform saw $600 million worth of crypto in damages after a hack in 2022. A $10 million suspicious transaction also caused a pause in activities in 2024. With the mentioned record of security issues, this platform can use Chainlink’s security. This platform is set to use the other features CCPI can provide to increase its adoption. Based on this Chainlink news, now users will be able to transfer approved tokens like AXS, YGG, and BANANA, as well as USDC and Wrapped Bitcoin. This includes both depositing and withdrawing from the Ronin Bridge, which will be facilitated with the CCIP-powered Ronin Bridge app.

How Does Migrating to Chainlink CCIP Unlock New Potential?

Trung Nguyen, Sky Mavis’ chief executive officer and co-founder, also commented on this LINK news. “Migrating to Chainlink CCIP is a major unlock for Ronin as we scale into the most accessible and secure gaming and consumer chain in Web3. Developers get cross-chain infrastructure to build fast and secure, while users can easily bridge assets across the multi-chain ecosystem, opening the door to the next generation of games and apps.”

Although the update has been said to be live, some users still see the legacy bridge. Based on the developer team, these users have not claimed their Ethereum tokens yet. This is said to be the reason that the Ronin Bridge tab is still visible for these users. However, other than this problem, the general migration seems to be going smoothly. This LINK news also comes as the number of active users for this blockchain has remained steady. Based on a new report, the number of daily active Chainlink users has remained between 5,000 and 20,000, with spikes to 60,000. 

Is Chainlink Preparing for Its Next Big Move?

The current market shows that the Chainlink price was in an accumulation phase before it rose to $15. Now, the price has stopped climbing and is starting a consolidation phase once again. As the bulls control the market, they have kept the gains from the recent surge, as the LINK price stands near the $15 point. Despite the momentum, it seems to continue to weaken even now after the bullish surge ended. The Relative Strength Index also shows an indecisive market in the consolidation zone. This indicator shows 50, which is exactly the natural level for price action.  

LINK/USD daily chart, Published on TradingView, April 26, 2025

Based on the LINK/USD daily chart, the RSI signal line highlighted in yellow is at 51. This also confirms that neither buyers nor sellers have control of the market right now. The ADX also shows a weak trend, standing at nearly 15. As such, investors should watch this indicator to see when its value goes above 20. This will be the signal of the next sharp directional price movement, which can be caused by bullish Chainlink news. 

Does Chainlink news point to Long-Term Growth?

As the price of the LINK token begins to settle down, many can start doubting its performance. However, in the long term, this token will prosper as Chainlink expands rapidly. As LINK news stories about new partnerships come out, the potential of this blockchain grows as well. The continued growth of this crypto has also been accompanied by a steady and reliable user base. 

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