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Chainlink

Q: How is Chainlink's oracle solution unique?

Chainlink's oracle solution is unique in several ways:Decentralization: The Chainlink Network is composed of multiple decentralized oracle networks, with independent node operators retrieving and validating data from various offchain sources. This decentralized approach helps to ensure the security and reliability of the data provided to smart contracts.Connectivity: Chainlink provides smart contracts with a way to reliably connect to any external API and leverage secure offchain computations, enabling a wide range of feature-rich applications across various industries.Middleware: As middleware between low-level blockchain protocols and external, offchain data sources, the Chainlink Network serves as an abstraction layer for data providers to easily sell their existing APIs to any blockchain network.Flexibility: Chainlink's oracle solution is designed to be blockchain-agnostic, allowing it to be integrated with any blockchain network and support a diverse range of use cases.

LINKUSD

View Detailed Chart

13.088USD

+0.168+1.30%

Time

15m

30m

Today

+1.30%

5 Days

+2.56%

1 Month

-22.33%

6 Months

-54.62%

Year to Date

-38.71%

1 Year

-10.72%

View Detailed Chart

Key Data Points

Opening Price

13.098

Previous Closing Price

12.92

Price Range of the Day

12.89013.197

52-Week Price Range

0.00013.088

Indicators



The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

15m

30m

15m

D

Sell

Sell(9)

Neutral(2)

Buy(0)

Indicators

Sell(3)

Neutral(2)

Buy(0)

Indicators

Value

Direction

MACD(12,26,9)

-0.145

Sell

RSI(14)

41.296

Neutral

STOCH(KDJ)(9,3,3)

21.173

Sell

ATR(14)

0.815

High Vlolatility

CCI(14)

-92.613

Neutral

Williams %R

80.796

Oversold

TRIX(12,20)

-0.443

Sell

StochRSI(14)

10.291

Oversold

Moving Average

Sell(6)

Neutral(0)

Buy(0)

Indicators

Value

Direction

MA5

13.589

Sell

MA10

13.784

Sell

MA20

13.987

Sell

MA50

14.765

Sell

MA100

14.093

Sell

MA200

17.654

Sell

Chainlink News

AI Tokens Price Forecast: Bittensor, Virtuals Protocol, Kaito target weekend recovery

Turmoil and distress hit the cryptocurrency market early on Friday, with liquidations exceeding $1 billion amid escalating geopolitical tensions in the Middle East.

FxstreetFri, Jun 13

Chainlink Price Forecast: LINK rebounds as Real-World utility and bullish bets surge

Chainlink (LINK) price continues to trade in green on Tuesday after rebounding from its key support level the previous week.

FxstreetTue, Jun 10

The Graph aims to enable secure cross-chain GRT transfers with Chainlink’s CCIP

The Graph (GRT) plans to adopt the Chainlink (LINK) interoperability standard (CCIP) to enable GRT transfers across three ecosystems. A successful deployment of GRT bridges across Arbitrum (ARB), Base (BASE), and Solana (SOL) will significantly expand its cross-chain functionality.

FxstreetThu, May 22

Chainlink Price Forecast: LINK targets $25 amid rising whale activity

Chainlink (LINK) trades higher at $16.45, up by over 2% at the time of writing on Thursday, mirroring the wider cryptocurrency market recovery, with Bitcoin hitting a new all-time high. On-chain data reveals rising support from whales, reinforcing the bullish sentiment.

FxstreetThu, May 22

JPMorgan tests crypto waters with tokenized transaction via Ondo Finance

JPMorgan Chase performed its first transaction on a public blockchain to facilitate the purchase of tokenized US treasuries through Ondo Finance's Layer-1 network and Chainlink's cross-chain technology.

FxstreetWed, May 14

Chainlink price offers mixed signals as supply outside of exchanges soars but network activity declines

Chainlink's (LINK) price holds steady while trading at $14.55 at the time of writing on Wednesday, continuing the consolidation seen in recent days.

FxstreetWed, Apr 30

More Details of Chainlink

Chainlink is a blockchain-based decentralized oracle network that enables smart contracts to securely access off-chain data feeds, events, and payment methods. It was founded in 2017 by Sergey Nazarov and Steve Ellis. Chainlink is unique in that it allows the integration of off-chain data into smart contracts, which was not possible before. This has attracted many trusted data providers to the Chainlink network, who can sell access to their data directly to Chainlink users. Chainlink uses a decentralized network of node operators to power its oracle services, allowing users to participate and earn revenue by running the required data infrastructure. One of the key features Chainlink is developing is LINK staking. This will introduce rewards and penalties to incentivize proper operation of the Chainlink network by node operators. LINK holders will be able to stake their tokens to trusted node operators, earning a yield from the network's fees and emissions. This crypto-economic security model aims to make the cost of attacking the Chainlink network's price oracle higher than any potential profits. Chainlink has partnered with numerous blockchain projects and is powering critical oracle services for leading DeFi applications like Synthetix, Aave, and Compound. As a provider of secure and reliable off-chain data to smart contracts, Chainlink is positioned as a key infrastructure layer enabling the growth of the decentralized finance (DeFi) ecosystem.

Is Chainlink's source code public?

Yes, Chainlink's source code is public and available on GitHub. The Chainlink protocol and its core components are open-source, allowing the community to audit, review and contribute to the codebase. This transparency and openness is a key part of Chainlink's design, as it helps to build trust and confidence in the network.

How decentralized is the Chainlink Network?

The Chainlink Network is composed of multiple independent and concurrently operating decentralized oracle networks. Each decentralized oracle network consists of numerous blockchain oracles, which are run by independent node operators. These node operators are selected to retrieve and validate data from a variety of offchain sources. The responses from the individual oracles within a decentralized oracle network are aggregated together to form a single trusted data point. This aggregated data point can then be used to trigger smart contract executions. The decentralized nature of this approach helps to ensure the security and reliability of the data that is ultimately provided to smart contracts.

How is Chainlink's oracle solution unique?

Chainlink's oracle solution is unique in several ways: Decentralization: The Chainlink Network is composed of multiple decentralized oracle networks, with independent node operators retrieving and validating data from various offchain sources. This decentralized approach helps to ensure the security and reliability of the data provided to smart contracts. Connectivity: Chainlink provides smart contracts with a way to reliably connect to any external API and leverage secure offchain computations, enabling a wide range of feature-rich applications across various industries. Middleware: As middleware between low-level blockchain protocols and external, offchain data sources, the Chainlink Network serves as an abstraction layer for data providers to easily sell their existing APIs to any blockchain network. Flexibility: Chainlink's oracle solution is designed to be blockchain-agnostic, allowing it to be integrated with any blockchain network and support a diverse range of use cases.