Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Chainlink
Santiment Reveals Top RWA Altcoins: Chainlink Takes the Lead
The post Santiment Reveals Top RWA Altcoins: Chainlink Takes the Lead appeared first on Coinpedia Fintech News Santiment Unveils Top Real-World Asset Coins: Chainlink Leads, Followed by Synthetix, Oraichain, Maker and More Santiment, a leading financial market data platform, recently shared its insights on cryptocurrency’s top Real-World Asset (RWA). Using GitHub activity to analyze their performance, Santiment has compiled a list of RWAs that rank as per their growing development and active projects. As per Santiment’s research, the top RWA-related…
1 year ago
BlackRock’s $10 Trillion Vision: VeChain, Chainlink, IOTA, and Ethereum Leading the Tokenization Revolution
The introduction of Real World Assets (RWA) tokenization by BlackRock signifies a transformative approach wherein assets ranging from bonds to real estate are converted into blockchain-based digital tokens. This initiative promises enhanced liquidity, transparency in ownership, and broadened access to previously inaccessible investment opportunities. In a groundbreaking move towards digital transformation, BlackRock, the world’s largest asset manager renowned for its Bitcoin ETF launch earlier this year, has unveiled plans to tokenize a sizeable portion of its assets under management, in…
1 year ago
Grayscale Report: VeChain (VET) and Chainlink (LINK) Surge Amid Utilities Sector Attention
A recent Grayscale report underscored the importance of blockchain networks that offer utility, with Chainlink, VeChain, Filecoin, Lido DAO and Render among those highlighted. Utility and service blockchain projects offer oracles to connect off-chain and on-chain worlds, offer liquid staking solutions, and aggregate physical data through decentralized networks. Blockchain has evolved from underpinning purely speculative assets, and today, it offers real value to its ever-growing users. Championing this evolution are utility projects, and according to a recent Grayscale report, Chainlink,…
1 year ago
Chainlink (LINK) Soars 9%: Crypto Analyst Predicts Next Big Target
Chainlink (LINK) has performed strongly over the past week, with the token’s price increasing 21.3% in the last seven days. Some analysts have shared their predictions and thoughts on LINK, suggesting keeping an eye on the token and its long-term performance. What Is LINK’s Next Steppingstone? Recently, Chainlink announced its partnership with blockchain platform Avalanche and the Australia and New Zealand Banking Group to connect the Avalanche and Ethereum blockchains using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). As reported by NewsBTC,…
1 year ago
Chainlink Facing Strong Rejection From Profit-Taking, Will CCIP Recharge Demand?
One analyst on X notes that Chainlink is facing a tug-of-war between bullish momentum and strong upside resistance from profit-taking traders. For bulls to add to their longs and extend the uptrend, the existing oversupply must be moped, paving the way for more gains above immediate liquidation levels. Profit Taking Slowing Down LINK Bulls Looking at the LINK price action in the daily chart, it is clear that buyers have the upper hand. Bulls have been relentless since the token bottomed out…
1 year ago
AVAX Soars 9% As Avalanche And Chainlink Announce Partnership For Global Asset Circulation
According to a recent announcement from blockchain platform Avalanche (AVAX), Australia and New Zealand Banking Group (ANZ) has partnered with Chainlink (LINK) Labs to explore the potential of on-chain digital assets for global movement and settlement. Using Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the collaboration aims to connect the Avalanche and Ethereum (ETH) blockchains to enable uninterrupted delivery versus payment (DvP) settlement of tokenized assets across networks in multiple currencies. Tokenized Asset Transaction Across Avalanche And Ethereum Using Chainlink ANZ, a…
1 year ago
Chainlink Dominates Development Frequency: LINK Prices Surge on Network Growth
Chainlink leads in development activity, beating Ethereum and Polkadot despite being different from them. Its new Cross-Chain Interoperability Protocol (CCIP) is gaining traction, attracting major partnerships and generating significant fees. The decentralized oracle platform Chainlink has surged in development activity, outpacing major contenders like Ethereum and Polkadot. According to Santiment, a prominent blockchain analytics firm, this surge reflects substantive development efforts, not merely superficial Github activity. This suggests an acceleration in the advancement of Chainlink’s infrastructure. Here are #crypto's top…
1 year ago
Chainlink and Polygon Backers Unite Around Raffle Coin, Drawn by the Attractive Prospect of 100X Returns
In the ever-evolving market of cryptocurrency, Raffle Coin (RAFF) has become a rallying point for backers of Chainlink (LINK) and Polygon (MATIC), offering them a tantalizing prospect of 100X returns. Amidst the uncertainties surrounding the prices of Chainlink (LINK) and Polygon (MATIC), supporters find solace in the potential for lucrative rewards presented by Raffle Coin (RAFF) groundbreaking platform. Despite Chainlink (LINK) price fluctuations and the challenges it faces, the prospect of exponential returns through participation in Raffle Coin (RAFF) presale…
1 year ago
NEAR Protocol (NEAR) & Chainlink (LINK) Supporters Forecast a Bright E-Commerce Future with Pushd (PUSHD): 20X Predicted
The shifting dynamics cutting across tech to fashion to housing have finally landed in the crypto ecosystem. Investors are now jettisoning the common crypto tokens for tokens that align with the present dynamics and can stand the test of time. This shifting dynamics has seen a massive influx with a brighter future for Pushd (PUSHD) as it offers what other traditional e-commerce platforms do not offer. Similarly, investors’ preference for a decentralized marketplace is pushing NEAR Protocol (NEAR) and Chainlink…
1 year ago