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…
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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 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
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
Chainlink (LINK) and Binance Coin (BNB) Investors Flock to Koala Coin (KLC), Betting Big on Its 100X Meme Coin Revolution
The meme coin phenomenon has taken the cryptocurrency world by storm with projects fueled by viral appeal and community hype sometimes achieving astronomical gains. Koala Coin (KLC) is poised to be the latest addition to this trend, entering the market with its presale generating a buzz spreading far beyond the usual meme coin circles. Its stage one presale price at a notable $0.014 has turned the heads of meme lovers and savvy investors from Chainlink (LINK) and Binance Coin (BNB).…
1 year ago
Raffle Coin (RAFF) Attracts Toncoin (TON) & Chainlink (LINK) Investors with Its Innovative Presale Model
Raffle Coin (RAFF) stands out in the crowded crypto market with its innovative presale model, catching the attention of Toncoin (TON) and Chainlink (LINK) investors. This model, which combines the thrill of raffles with the potential for lucrative returns, offers a fresh investment narrative that appeals to those looking for new growth avenues within the blockchain space. As Raffle Coin’s (RAFF) presale progresses, its unique approach continues to attract a diverse investor base keen on leveraging novel crypto mechanisms. Toncoin…
1 year ago
DeeStream (DST) Presale Attracts Avalanche (AVAX) & Chainlink (LINK) Investors, Bolstered by Solana’s (SOL) 60% Growth Spurt
Solana (SOL) recently went through an impressive growth spurt that took its value to new heights. This has encouraged Avalanche (AVAX) and Chainlink (LINK) investors to spread their wings and look for projects that could grow exponentially within a short period. After all, the end goal of investment is to make admirable returns. DeeStream (DST) is the new token presale that has sent Avalanche (AVAX) and Chainlink (LINK) investors into an investment frenzy. Avalanche (AVAX) and Chainlink (LINK) holders are…
1 year ago
Chainlink (LINK) and Ethereum (ETH) Investors See Kelexo (KLXO) as a Major Contender in the Crypto Lending Arena
The crypto lending industry is built on the dedication to recreating traditional financial markets on the blockchain with the purpose of making them easier to access. Kelexo (KLXO) is a new entrant into this market, offering a Web 3 marketplace for lenders and borrowers to interact without needing a middle man. As a new entrant into this market, Kelexo (KLXO) is yet to make a name for itself as a prime crypto lending platform. However, it is designed with the…
1 year ago
Rumored Chainlink Grayscale Trust Propels LINK To New Price Record
Chainlink set a new all-time high of $25.51 at 15:30 UTC Saturday, following a sharp rise over the past week. The milestone propelled Chainlink to the seventh spot on top cryptocurrencies by market cap, surpassing Litecoin. LINK, the native token of decentralized oracle provider Chainlink, has been one of the best performing crypto assets of the past year. This success is primarily attributable to the project’s development of smart contracts that connect blockchains to the real world. According to LINK…
4 years ago