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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

12.553USD

-0.119-0.93%

Time

15m

30m

Today

-0.93%

5 Days

+10.64%

1 Month

-2.76%

6 Months

+12.31%

Year to Date

-41.21%

1 Year

-6.64%

View Detailed Chart

Key Data Points

Opening Price

12.623

Previous Closing Price

12.672

Price Range of the Day

12.39512.642

52-Week Price Range

0.00012.553

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

Sell

Sell(6)

Neutral(4)

Buy(3)

Indicators

Sell(2)

Neutral(4)

Buy(1)

Indicators

Value

Direction

MACD(12,26,9)

0.229

Neutral

RSI(14)

46.039

Neutral

STOCH(KDJ)(9,3,3)

81.651

Neutral

ATR(14)

1.087

High Vlolatility

CCI(14)

22.757

Neutral

Williams %R

40.005

Buy

TRIX(12,20)

-0.652

Sell

StochRSI(14)

20.755

Sell

Moving Average

Sell(4)

Neutral(0)

Buy(2)

Indicators

Value

Direction

MA5

12.680

Buy

MA10

12.152

Buy

MA20

12.835

Sell

MA50

13.849

Sell

MA100

17.337

Sell

MA200

17.008

Sell

Chainlink News

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

Trump's Crypto Project WLFI Announces Strategic Reserve! These Six Cryptocurrencies Are Included!

Trump's crypto project, WLFI, has announced the inclusion of BTC, ETH, TRX, LINK, SUI, and ONDO in its strategic reserve.

TradingKeyTue, Mar 18

Crypto Today: Traders pile $175B into Bitcoin, XRP and AI tokens ahead of White House summit

The global crypto market capitalization increased by 6.2% in the last 24 hours as traders took on bullish positions ahead of the upcoming White House Crypto Summit on Friday.

FxstreetThu, Mar 6

Chainlink Price Forecast: LINK bulls target a 30% upside as key support holds strong

Chainlink (LINK) extends its gains by more than 4% on Thursday, trading around $17.22 after rallying nearly 13% in the last two days.

FxstreetThu, Mar 6

White House Crypto Summit Attendee List Updated! Crypto.com and Ripple Executives Added, Cardano Co-Founder Surprisingly Excluded!

The list of industry leaders invited to the first White House Crypto Summit has been updated, with Crypto.com CEO and Ripple CEO newly added. However, Cardano co-founder Charles Hoskinson was notably excluded.

TradingKeyThu, Mar 6

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.