Aave is live on @soneium, an Ethereum L2 built with mass adoption in mind.
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Ian Balina
Bitcoin keeps flirting with 110,000 dollars, yet traders act like the party has not even started.
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run ⬡ the ⬡ juels (reply guy arc)
Whats your favorite blockchain confirmed to be working with #Swift? Let me know in the comments 👇
Blockchain A? or Blockchain B?
Everything is abstraction
$LINK CRE CCIP
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katexbt.hl
Lido shouting out this is kind of something that shouldn't be faded.
If you believe in $ETH to 10k within the next 4 years, might as well stake and forget the $ETH you DCA in.
@xswap_link is still something like 55-60% of total CCIP volume, which most seem to forget.
Lido
Direct ETH staking support across @arbitrum, @base & @Optimism powered by Direct Staking, @xswap_link & the @Chainlink standard for cross-chain interoperability.
Users can now stake ETH from any supported L2 in one transaction, maintaining security & maximising ease.
Show original
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CoinDesk
Bitcoin recaptured the $110,000 level for the second consecutive day, perhaps dragged higher by even larger gains among altcoins.
Up 0.9% more than 1% in the last 24 hours, bitcoin was trading just above $110,000 shortly after the close of U.S. stock markets Tuesday. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, exchange coins and memecoins — has risen 3.3% in the same period of time, mostly thanks to ether ETH, solana SOL, chainlink LINK all gaining 5%-7%.
The standout performances, however, were put on by uniswap UNI and aave AAVE, which soared a whooping 24% and 13%, respectively. The move was prompted by optimistic comments on the topic of DeFi by Securities and Exchange Commission (SEC) Chair Paul Atkins on Monday.
Things have remained relatively calm on the equities front, with most crypto stocks flat on the day. A notable exception is Semler Scientific (SMLR), a firm that aims to follow Strategy’s (MSTR) playbook and vacuum up as much bitcoin as possible. Shares fell another 10% today, with the stock now trading for less than the value of the bitcoin on its balance sheet.
Despite the day’s gains, positioning across crypto markets still reflects a largely defensive tone.
"Funding rates and other leverage proxies point toward a steadily cautious sentiment in the market,” Vetle Lunde, head of research at K33 Research, pointed out in a Tuesday report. "The broad risk appetite is remarkably weak, given that BTC is trading close to former all-time highs."
Binance’s BTC perpetual swaps posted negative funding rates on multiple days last week, with the average annualized funding rate now sitting at just 1.3% — a level typically associated with local market bottoms rather than tops, Lunde noted.
"Bitcoin does not usually peak in environments with negative funding rates," he wrote, adding that past instances of such positioning have more often preceded rallies than corrections.
Flows into leveraged bitcoin ETFs paint a similar picture. The ProShares 2x Bitcoin ETF (BITX) currently holds exposure equivalent to 52,435 BTC — well below its December 2023 peak of 76,755 BTC — and inflows remain muted. This defensive positioning, according to Lunde, leaves room for a potential "healthy rally" in BTC to develop.
Still, not all market watchers are convinced that the current price action marks the start of a sustainable breakout.
"Is this a true breakout that will continue? In my view, probably not," said Kirill Kretov, senior automation expert at CoinPanel. "More likely, it’s part of the same volatility cycle where we see a rally now, followed by a sharp drop triggered by a negative announcement or some other narrative shift."
According to Kretov, the current environment favors experienced traders who can navigate volatility-driven market structure. Technically, he sees BTC's next key support levels at $105,000 and $100,000 — zones that could be tested if selling pressure returns.
The current price of Chainlink is $15.2330. Over the last 24 hours, Chainlink has increased by +5.48%. It currently has a circulating supply of 657,099,970 LINK and a maximum supply of 1,000,000,000 LINK, giving it a fully diluted market cap of $10.01B. At present, Chainlink holds the 11 position in market cap rankings. The Chainlink/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Chainlink is a decentralized oracle network that enables blockchain-based smart contracts to access reliable real-world data stored off-chain. To accomplish this, Chainlink rewards data providers, known as oracles, for providing accurate and valuable data in exchange for Chainlink's native ERC-20 cryptocurrency, LINK.
Chainlink comprises nearly 1000 independent decentralized oracle networks that provide crypto market data, FX rates, indices, weather readings, sports stats, election results, flight information, and other information to smart contracts on over 12 blockchain networks. Arbitrum, Avalanche, Ethereum, Fantom, Harmony, and Polygon are among the blockchains supported by Chainlink.
To become an oracle in the Chainlink ecosystem, data providers must first stake a predetermined number of LINK tokens to maintain the integrity of the network. If data providers are found to be involved in jeopardizing the network's viability, Chainlink will reduce its stakes.
Beyond being a provider of decentralized data, Chainlink offers several services, such as Verifiable Random Function (VRF), Keepers, Proof of Reserve (PoR), and Cross-Chain Interoperability Protocol (CCIP). The network's Off-Chain Reporting (OCR) also enables nodes to provide ten times more data to smart contracts while reducing operating costs by 90%.
LINK price and tokenomics
Chainlink's supply is hard-capped at 1 billion LINK tokens. Investors received 35% of the total supply, while node operators and ecosystem rewards received 35%. Chainlink's parent company, SmartContract.com, received 30% of LINK supply. LINK tokens enter circulation when node operators receive LINK as a reward, investors who hold LINK, or projects that receive LINK as an acquisition or sell them on the open market.
About the founders
Chainlink was founded in 2017 by serial entrepreneur Sergey Nazarov and software engineer Steve Ellis. Before launching Chainlink, Nasarov worked on several projects centered on peer-to-peer technology. He co-founded ExistLocal, a peer-to-peer marketplace for tourists, in 2009. He was instrumental in the launch of CryptaMail, a fully decentralized mail service, five years later. Nazarov also collaborated with Steve Ellis to launch two other companies in 2014, including SmartContract.com.
Chainlink's technical advisors include prominent figures inside and outside the blockchain industry. Eric Schmidt, former chairman, and CEO of Google, Jeff Weiner, CEO of LinkedIn, and Tom Gonser, co-founder of DocuSign, are among those on this list. According to Crunchbase, Chainlink has raised $32 million from investors such as Fundamental Labs, Andreas Schwartz, and Nirvana Capital.
Chainlink highlights
Chainlink integrates weather data from Google Cloud
Since 2019, Google Cloud and Chainlink have been working together to allow Chainlink to incorporate Google Cloud data. Chainlink has now fully integrated decentralized weather data from the Google Cloud in 2021. The Google Chainlink integration employs an oracle node, which continuously sends data from the outside world into the Chainlink network. This data is then combined and made accessible in aggregate form for blockchain applications.
Chainlink partners UNESCO and UNICEF
Chainlink joined forces with UNESCO in January 2021 to raise awareness about blockchain technology and support promising contributors. After a few months, Chainlink announced a partnership with UNICEF to fund blockchain applications in developing countries.
Chainlink 2.0
The Chainlink team revealed plans to optimize the protocol in April 2021 via the Chainlink 2.0 whitepaper. According to the whitepaper, the next set of upgrades will focus on enabling a trustless and more decentralized system for running the Chainlink protocol. Notably, a component of this strategy calls for establishing a staking-powered incentive mechanism. As a result, Chainlink can ensure that malicious node operators are penalized while honest data providers are rewarded by implementing a staking economy anchored by LINK.
In June 2022, more than a year after this publication was published, Chainlink announced that Chainlink 2.0 would allow LINK holders to delegate their stake to get more people involved in the protocol's validation process. In addition, the upgrade will include an advanced reputation-tracking system that will generate performance metrics for each node operator.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 12K new posts about Chainlink, driven by 3.8K contributors, and total online engagement reached 13M social interactions. The sentiment score for Chainlink currently stands at 96%. Compared to all cryptocurrencies, post volume for Chainlink currently ranks at 616. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Chainlink.
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Posts
11,657
Contributors
3,752
Interactions
12,701,681
Sentiment
96%
Volume rank
#616
X
Posts
10,611
Interactions
12,080,574
Sentiment
97%
Chainlink FAQ
What is Chainlink?
Chainlink is a decentralized oracle network that connects the blockchain ecosystem to the real world. Chainlink enables the operation of complex smart contracts that require off-chain data to function. Consider it a blockchain-based data protocol that allows independent data providers to relay data to smart contracts.
What services does Chainlink provide?
Chainlink began as a verifiable off-chain data provider but has since expanded its services to include more functionality in blockchain smart contracts. Chainlink products include high-quality data feeds for all types of real-world information, a random number generator called Chainlink VRF, Keppers to automate smart contract functions, Proof of Reserve, which allows project owners to publish transparent reports about their on-chain and off-chain reserves, and Cross-Chain Interoperability Protocol (CCIP), which assists developers in developing interoperable decentralized applications.
What is the LINK price prediction?
While it’s challenging to predict the exact future price of LINK, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is 1 Chainlink worth today?
Currently, one Chainlink is worth $15.2330. For answers and insight into Chainlink's price action, you're in the right place. Explore the latest Chainlink charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Chainlink, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Chainlink have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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