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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

14.147USD

-0.020-0.14%

Time

15m

30m

Today

-0.14%

5 Days

+1.13%

1 Month

-7.99%

6 Months

+21.10%

Year to Date

-33.75%

1 Year

+8.85%

View Detailed Chart

Key Data Points

Opening Price

14.177

Previous Closing Price

14.167

Price Range of the Day

14.06814.236

52-Week Price Range

0.00014.147

Indicators

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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

Neutral

Sell(6)

Neutral(2)

Buy(4)

Indicators

Sell(2)

Neutral(2)

Buy(2)

Indicators

Value

Direction

MACD(12,26,9)

0.226

Buy

RSI(14)

53.987

Neutral

STOCH(KDJ)(9,3,3)

49.644

Sell

ATR(14)

0.735

High Vlolatility

CCI(14)

14.239

Neutral

Williams %R

36.143

Buy

TRIX(12,20)

0.565

Sell

StochRSI(14)

0.000

Oversold

Moving Average

Sell(4)

Neutral(0)

Buy(2)

Indicators

Value

Direction

MA5

14.434

Sell

MA10

14.500

Sell

MA20

13.581

Buy

MA50

13.502

Buy

MA100

16.036

Sell

MA200

17.225

Sell

Chainlink News

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.

Fxstreet11 hours ago

Aptos price extends gains on broader crypto market recovery, presence in Osaka expo

Aptos (APT) price edges higher, increasing by over 2% and trading at $5.34 at the time of writing on Wednesday.

FxstreetWed, Apr 23

Chainlink looks at $14 resistance as outflows from exchanges signal continued demand

Chainlink (LINK) price increases almost 3% on Tuesday to exchange hands at $13.47 at the time of writing.

FxstreetTue, Apr 22

Chainlink active addresses drop as whale selling spikes, could LINK crash below $10?

Chainlink (LINK) has seen a lackluster downward trend in its performance since reaching a peak of $30.86 in December.

FxstreetWed, Apr 16

Solana finds $545M lifeline as PayPal officially adopts Chainlink and SOL for payments

Solana price rallied 6% on Friday, drive by multiple catalysts—including PayPal integration, strong U.S.

FxstreetFri, Apr 4

Chainlink and Abu Dhabi Global Market ally to boost the utility of tokenized assets in the UAE

Chainlink (LINK) price hovers around $15.15 at the time of writing on Tuesday after gaining 4.56% the previous day.

FxstreetTue, Mar 25

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.