Solv Protocol migrates 700 million dollars of SolvBTC assets from LayerZero to Chainlink

According to market news, Solv Protocol announced the migration of over $700 million of SolvBTC and xSolvBTC from the LayerZero cross-chain bridge to Chainlink's CCIP, and the deprecation of LayerZero support on networks such as Corn, Berachain, Rootstock, and TAC.

Solv stated that this move is based on the latest security review and recent cross-chain attacks, positioning CCIP as the standard cross-chain infrastructure. This migration follows Kelp DAO's shift to Chainlink after its LayerZero-based bridge suffered an attack of approximately $292 million in rsETH.