NIL Token Jumps 22% After Chainlink Integration
Nillion's NIL token experienced significant growth after integrating Chainlink's Cross-Chain Interoperability Protocol (CCIP). This integration enabled secure token transfers between Ethereum and HyperEVM, a major development for the project.
The move has opened up trading opportunities on Hyperliquid, a key perpetual futures platform. As a result, NIL trading volume has increased, along with market access for Nillion's blockchain network.
This integration marks an important milestone in Nillion's strategic pivot to Ethereum's Layer 2 ecosystem. The company recently migrated from Cosmos to Ethereum, and this development reinforces that decision.