Index
Indicators
Information about Chainlink (LINK)
Chainlink is a platform that aims to bridge the gap between smart contracts based on blockchain technology (widely popularized by Ethereum) and real-world applications. Since blockchains cannot access data outside their networks, oracles must act as data feeds in smart contracts. In the case of Chainlink, the oracles are connected to the Ethereum network.
LINK is a cryptocurrency derived from the Chainlink decentralized oracle network, used to pay node miners. Because the Chainlink network has a reputable scoring system, node providers with many LINKs can be rewarded with larger contracts, but failing to provide accurate results will result in a token deduction. After the $32 million LINK ICO in 2017, 32% of LINK tokens were sent to node operators to incentivize the ecosystem, and 30% stayed on Chainlink for development (35% were sold during the public token sale).
News
On Thursday, World Liberty Financial (WLFI) moved 775,000 USD in USDC to a wallet focused on altcoin purchases, enhancing its investment strategy.
WLFI’s portfolio has expanded to include eleven cryptocurrencies, notably Ethereum, AVAX, LINK, and Tron, reflecting a broad diversification.
The company is collaborating with the Sui blockchain and plans to launch a stablecoin, USD1, redeemable for US dollars, aimed at institutional investors.
As of April 10, 2025, altcoins have lost 350 billion USD since their peak in December 2024, facing significant liquidity issues exacerbated by tariff announcements from Donald Trump. The current market cap is approximately 583 billion USD.
Recent price increases in altcoins such as Chainlink, Solana, and Cardano appear to be short-lived recovery attempts rather than indications of sustainable growth. The overall market trend remains fragile, with limited inflows and high volatility.
Hedera has integrated Chainlink’s CCIP on its mainnet, allowing developers to seamlessly create decentralized applications connecting Hedera with over 46 blockchains. This move is expected to enhance user engagement and liquidity within its ecosystem.
The integration enables secure transfers of tokens, messages, and actions across chains, highlighting the potential for growth in decentralized finance (DeFi) and tokenization of real-world assets. CCIP has powered over $75 billion in DeFi activity.
The HBAR Foundation’s collaboration with Chainlink through the SCALE program enhances developer access to essential tools. With the launch of CCIP, developers have more opportunities to innovate and expand the Hedera network.
Large transactions for Chainlink’s token, LINK, surged significantly by 178% in the last 24 hours, reflecting increased whale activity. This spike represents 166 million USD in transactions, resulting in heightened interest from institutional investors.
Currently, LINK trades at 11.8 USD, marking a 10.2% rise. Despite this, trading volume has decreased by 17%, indicating cautious sentiment among investors. Partnerships with PayPal and Abu Dhabi Global Market are expected to enhance adoption.
People also own