CHAINLINK price, news and Forecast (LINK US DOLLAR)



Technical overview


ITB Widget Example


Big picture

Cryptocurrencies bullish themes

Cryptocurrencies bearish themes

Latest Crypto Analysis


Latest Crypto Analysis

Editors' picks

Ethereum Price Forecast: ETH could see new all-time high in 2025 as blobs top burn leaderboard

Ethereum Price Forecast: ETH could see new all-time high in 2025 as blobs top burn leaderboard

Ethereum is down 1% on Tuesday following a weeklong consolidation of the general crypto market. The top altcoin could be set for a bullish 2025 if blobs continue their recent trend of burning high amounts of ETH.

More Ethereum News
PEPE Price Prediction: Last-minute $121M whale demand sparks 1,500% 2024 rally

PEPE Price Prediction: Last-minute $121M whale demand sparks 1,500% 2024 rally

PEPE price surged 25% within the last 24 hours, decoupling from the broader crypto market’s year-end volatility. With whales spotted entering last-minute buying frenzy, can PEPE breach the $0.000025 resistance?  

More Pepe News
XRP volumes zoom ahead of Bitcoin, Dogecoin in South Korea, what’s next?

XRP volumes zoom ahead of Bitcoin, Dogecoin in South Korea, what’s next?

XRP trading volumes on South Korea's biggest crypto exchanges have overtaken those of Bitcoin (BTC) and Ether (ETH) in a sign of flurried interest that often precedes price volatility.

More Ripple News
Only three out of ten top altcoins grew in December

Only three out of ten top altcoins grew in December

The cryptocurrency market continues to fall, losing some of its significant growth since the beginning of the year. Its capitalisation fell a further 1.4% to $3.23 trillion, matching the lows of the last week and a half.

More Cryptocurrencies News
Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot ETFs in January and the reduced supply following the fourth halving event in April.

Read full analysis

BTC

ETH

XRP


WHAT IS CHAINLINK?

Chainlink is a decentralized oracle network that greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology.

LINK tokens are the digital assets used to pay for services on the network.

Characteristics of Chainlink

Chainlink main objective was creating a blockchain that allows users to connect with real world data.

  • Chainlink makes it possible for users to work with off-chain data.
  • It offers the possibility of making payments through a contract to any payment system or banking network.
  • Its users can use smart contracts which includes an oracle reputation called a service level agreement. It punishes the oracles that violate network rules or provide incorrect data.
  • Uses an aggregation contract to collect all the off-chain oracles’ data to create a weighted aggregate response.

Differences between Chainlink and Bitcoin

Which are the main differences betweeen LINK and BTC?

  • LINK demand and value of the tokens is directly correlated to the number of operators that offer off-chain services to the system.
  • The LINK token is described by developers as an ERC-20 token, with the additional ERC-223 “transfer and call” functionality.
  • The LINK token sale was capped at $32 million, with a total supply of 1 billion LINK tokens.