Stader Ethereum recently declared the incorporation of Chainlink CCIP as its endorsed cross-chain solution, publicizing the news on its official X/Twitter account. The integration enables Stader Ethereum to facilitate secure and seamless cross-chain transfers of ETHx across Optimism, Ethereum, and Arbitrum, thus enhancing the market standing of ETHx.

Stader Ethereum currently holds $400 million in TVL (total value locked) on the Ethereum network. While Ethereum serves as the foundation for ETHx, the increasing popularity of L2 solutions like Optimism and Arbitrum, owing to their swift transactions and cost-effectiveness, cannot be overlooked.

The integration of Chainlink CCIP introduces a plethora of new opportunities for ETHx, making the asset and its rewards accessible to users across the aforementioned blockchains. However, this accessibility necessitates a reliable and secure cross-chain solution, which Stader found in Chainlink CCIP after evaluating various options. CCIP's robust security features, including rate limits and comprehensive defense mechanisms, stood out as ideal for the platform.

Moreover, the support from the node operator set associated with Chainlink Price Feeds further enhances CCIP's capabilities. Given that Chainlink Price Feeds is widely adopted by DeFi projects, CCIP's adoption as a platform option is expected to increase.

Recognizing the paramount importance of security in the Web3 landscape, Stader emphasizes the unmatched cross-chain security provided by Chainlink's CCIP, ensuring peace of mind for ETHx users as they navigate rewards across different Layer 2 ecosystems.

Just two weeks ago, Stader teased a forthcoming collaboration with Ledger, generating significant excitement within the community, although no official announcements have been made yet. With Chainlink now on board, Stader appears poised to enhance its position in the DeFi and Web3 markets.