Huma Finance has selected Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the exclusive cross-chain infrastructure for its core yield product, PST, and all future yield products. The PayFi network made the decision after a rigorous security evaluation of cross-chain systems, particularly following recent bridge-related security failures across DeFi.
The move centers on cross-chain security, a critical issue for protocols moving assets across networks. Huma Finance will use Chainlink CCIP to expand Solana-based yield assets across multiple blockchains, serving over 100,000 users. Every CCIP bridge lane uses decentralized oracle networks with at least 16 independent and security-reviewed node operators securing each lane, providing Huma with a framework for moving assets while maintaining verification across chains.
Chainlink Data Feeds and Data Streams will also support PST markets across the multi-chain ecosystem, providing reliable market data for institutional-grade yield products. Huma's broader network recently crossed $12 billion in cumulative on-chain transaction volume and more than $170 million in active liquidity.
Chainlink continues to see expanding adoption across institutional and DeFi use cases. The network recently surpassed $30 trillion in transaction value enabled, following a rapid increase from $29 trillion just weeks earlier. This milestone marks significant network adoption growth.
Separately, SmartContract Inc. published a patent tied to a blockchain abstraction layer built on Chainlink nodes. The proposed structure allows institutions to send generic requests while Chainlink nodes translate, sign, sponsor gas, execute on-chain actions, and return confirmations through an API. The system includes CRE Connect, where 16 decentralized nodes attest to on-chain events before delivering cryptographic proofs to institutions.
LINK is trading near $9.15 after rallying from the $9 support level. Technical analysis shows the token between its 20-day and 50-day EMAs, with the 200-day EMA near $11.61 as a higher resistance level. The $9 level remains the key area to watch in the near term. A sustained hold above that zone could position LINK for another move toward $10.00, where traders expect the next liquidity test. However, a break below $9 could expose the lower liquidity area near $8.30.
