Chainlink Powers First Cross-Chain Superchain Token on Soneium
Chainlink has completed its first live deployment of a Superchain-compatible token using its Cross-Chain Interoperability Protocol (CCIP). The ASTR token, native to Astar Network, has been upgraded to operate as a Cross-Chain Token (CCT) on the Soneium Mainnet. This development is part of Astar’s Evolution Phase 1.5 and brings the token into full alignment with Optimism’s SuperchainERC20 standard.
This upgrade allows ASTR to move seamlessly between different networks, including those built on the Optimism OP Stack. It eliminates the need for traditional bridges or wrapped tokens. Instead, the token itself can now move directly across chains in a secure and native form.
The rollout is powered by Chainlink CCIP, which serves as the infrastructure behind the CCT standard. CCIP provides a secure messaging protocol that enables cross-chain token transfers with built-in safety features. With ASTR now live as a CCT, it can interact with the OP Mainnet and other Ethereum-compatible chains, as well as non-Ethereum networks like Solana.
Image 1: (Source: Astar Network)
Unified Superchain Infrastructure Now Available
The SuperchainERC20 token format is based on the ERC-7802 specification and is now fully supported by Chainlink’s CCT standard. This framework simplifies cross-chain development by offering a standard method for moving tokens across any OP Stack-based network.
For developers, this means tokens like ASTR can now be moved natively between chains in the Superchain without complicated custom infrastructure. DApps built on OP Stack chains can now access tokens that function seamlessly across multiple networks.
According to Sota Watanabe, the CEO of Startale Group, Astar is committed to integrating with broader blockchain systems. The adoption of Chainlink CCIP and the CCT framework reflects that goal, placing Astar as a contributor to the multi-chain future of Web3.
Johann Eid, the Chief Business Officer at Chainlink Labs, confirmed that ASTR is now the first SuperchainERC20 token live under the CCT model. The deployment sets a clear example for other projects seeking to launch fully interoperable tokens.
Chainlink CCIP’s Cross-Chain Token (CCT) standard is now compatible with @Optimism’s SuperchainERC20, with its first deployment on @soneium via @AstarNetwork‘s token, ASTR.
This upgrade of Astar Network’s infrastructure shows how the CCT standard can seamlessly connect… pic.twitter.com/oF26WfwMWg
— Chainlink (@chainlink) June 11, 2025
Developers Can Now Build Cross-Chain Applications
Now that the CCT standard is active on Soneium, developers have access to a production-ready setup for cross-chain application development. Tokens can move securely and directly between networks without needing separate contract deployments or wrapped versions. This reduces risk and complexity while increasing flexibility.
The model also strengthens liquidity by allowing assets to be used across multiple chains without fragmenting supply. This paves the way for more unified markets and more scalable decentralised applications.
The current setup is not limited to ASTR or Soneium. Other blockchains and token ecosystems can adopt the same CCIP-enabled standard to activate secure cross-chain functionality. This creates new possibilities for tokens to be used in multiple environments, including DeFi platforms, games, and enterprise blockchains.
LINK Price Action Indicates Next Move Up
LINK has broken above recent resistance and now appears to be entering a third upward wave within a new bullish structure. Based on current wave patterns, the ideal price target is set at $15.71, with support at $14.63 being critical to keeping momentum intact.
According to your analysis, the market completed a downward impulse pattern between the 26th and 30th of May. That five-wave move was followed by a classic ABC corrective structure, which seems to have finished the second wave of the current sequence.
The latest price action suggests a fresh impulse is forming, likely representing either the third or fifth wave in a larger upward move. After a recent high, the price pulled back slightly, indicating a possible fourth wave correction is now unfolding.
Image 2: (Source: Chainlink)
Support levels for this correction can be identified using Fibonacci retracement analysis. At present, the price is hovering around the shallowest retracement level. If it falls further, the next key support is in the low-to-mid $14 range. The final level to hold would be around $14.63. A drop below that could signal a failure of the current wave structure.
Read Also: Hong Kong Teams With Chainlink to Trial Cross-Border Digital Currency Payments
If the correction holds and a new leg up begins, Fibonacci extension projections place the next price targets starting from $15.47 and moving toward $15.71. If momentum continues, the structure may stretch further, with additional targets around $16.12 and higher levels between $16.40 and $16.80. In the best-case scenario, LINK could reach up to $17.15 before the current wave completes.
If, however, the price fails to hold above the $14.63 mark, a deeper correction may occur. This could take LINK down into the lower $13 zone, with support levels identified near $13.52, $13.35, and $13.17. Only if the structure breaks would those lower levels be relevant.
