Chainlink celebrates its third birthday on the Ethereum mainnet this week. And, it’s safe to say that the blockchain certainly has a lot to its credit. From supporting a single ETH/USD Price Feed with three oracle nodes to building a network of thousands of independent decentralized nodes, Chainlink has done a lot for its developers.Continue reading “Chainlink is ‘in a good space,’ but what must investors know?”
By Aaryamann ShrivastavaTag Archives: LINK price rally
Chainlink, known to be a market leader in the blockchain oracle solution, became part of an alliance today which brings real-world implications of crypto into existence. While it has a great impact on the network on a developmental front, Chainlink’s investors might also benefit from this announcement. Chainlink for the people The Lemonade Foundation alongContinue reading “How Chainlink joining Crypto Climate Coalition DAO can trigger recovery”
By Aaryamann ShrivastavaLINK-powered projects have garnered support from several influencers since the last price rally. Trading at $21.39 level, the market capitalization was at $21.9 Billion level based on data from coinmarketcap.com. Based on previous instances, following quad witching, options expiration, LINK’s price rallies consistently every instance. Based on the above chart from Coinmetrics, LINK’s price isContinue reading “Every quad witching, this Chainlink price trend can be observed”
By Ekta MouryaLINK price has increased consistently in the past, when Bitcoin price has dropped or remained rangebound. LINK was trading at the $27.22 level and the number of sending addresses has dropped in the case of LINK based on data from Glassnode. Based on the above chart, the number of sending addresses has dropped. Additionally, despiteContinue reading “What Chainlink’s drop in popularity means for its price”
By Ekta MouryaWith its rapidly increasing trade volume, LINK may be one of the hottest DeFi projects in summer 2021. LINK’s trade volume is up nearly 70%. The altcoin is currently trading at the $36.81 level and the price has dropped nearly 8% in the past 24 hours. Consolidating alongside ETH and most top altcoins, LINK mayContinue reading “Three reasons why Chainlink’s price will head this way”
By Ekta MouryaLINK’s price has consistently increased over the past 2 weeks. The price was at the $47.40 level, after a 33% gain in the past week. Despite dropping to the twelfth position in terms of market capitalization, LINK’s framework development and maturation of the ecosystem signal a bullish sentiment. There have been several individual use-cases fuelledContinue reading “Chainlink’s price action: here’s what the alt is poised for in the coming weeks?”
By Ekta Mourya