Edward Wu

Crypto Analyst

Crypto

<ul>
<li>Chainlink provides essential data-feeding services for blockchains, providing a bridge between blockchains and real-world information and data sources for both crypto and non-crypto use cases.</li>
<li>LINK token captures Chainlink’s network value, and new tokenomics 2.0 introduce staking further improve the supply &amp; demand dynamic.</li>
<li>LINK price is supported by the growing usage of Chainlink network as onchain activity continues growing despite the bear market.</li>
</ul>

Kaiko

Data-Driven Analysis of Cryptocurrency Markets

<ul><li>Market capitalization is one of the most commonly used metrics to legitimize the value of a cryptocurrency.</li><li>We often hear of a token breaking into the top 10 ranking by market cap, with tokens like BNB making headlines after a move into the top 5, cementing it as a pillar in the crypto ecosystem.</li><li>However, all it takes is a quick run through the top 20 or 30 tokens to realize not all market caps are created equal.</li></ul>

United States

Chainlink is a decentralized oracle network. Oracles provide the data needed for smart contracts to function. Chainlink provides the technology and ecosystem that connects on chain smart contracts to off chain data sources. LINK is the native token of the Chainlink network. It is used as a payment method for oracles services on the network as well as a form of collateral backing up oracles services.

Chainlink - XLIUSD CURNCY

Description