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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).
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Aave is deploying Chainlink’s SVR to recover Oracle-related MEV lost in liquidation events. The integration supports cross-chain payments and converts service fees into LINK cryptocurrency.
In the first six months, the recaptured value will be split 65% for Aave and 35% for Chainlink. This setup aims to benefit the ecosystems generating the value.
Experts emphasize the Aave-Chainlink collaboration’s significance in enhancing DeFi financial security while optimizing liquidation algorithms.
Bitcoin’s price has reached over 88,000 USD, accompanied by impressive gains from various altcoins. The market sentiment appears stable as the Fear & Greed Index approaches neutral territory.
Michael Saylor intends to burn the keys to 17,000 BTC after his death, while North Carolina is contemplating a 5% investment in Bitcoin. GameStop has also established a Bitcoin reserve to enhance its financial health.
BlackRock is broadening its scope to include SOL within its money market operations, and Fidelity is preparing to launch a SOL ETF and introduce a stablecoin. Additionally, Chainlink is working on stablecoin regulation with the government.
On March 24, 2025, ADGM and Chainlink announced a partnership focused on developing blockchain frameworks to assist regulated digital assets within ADGM’s financial center.
The opening of Seviora Group’s office in Abu Dhabi marks an important step in international asset management, capitalizing on the growing demand in the region’s financial market.
Chainlink (LINK) is facing critical resistance between 14.50 USD and 15.30 USD. A successful breakout could spark bullish momentum as buying pressure builds. Currently priced at 14.32 USD, LINK has seen recent stabilization within a range of 12.45 USD to 17.78 USD.
Despite accumulating 153 million tokens, the decrease in new and active addresses suggests a cautious market sentiment among investors. Chainlink’s exchange reserves indicate a long-term holding strategy from investors, potentially reducing selling pressure and aiding price stability.
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