LINK (Chainlink) increased by 3.64% in the last 24 hours

LINK-0,09%

Gate News Bot Message, December 12th, according to CoinMarketCap data, at the time of press, LINK (Chainlink) is trading at $14.08, up 3.64% in the past 24 hours, with a high of $14.98 and a low of $13.23. The 24-hour trading volume reached $595 million. The current market capitalization is approximately $9.809 billion, an increase of $345 million from yesterday, ranking 13th.

Chainlink is the industry-standard oracle platform dedicated to bringing capital markets on-chain and supporting most decentralized finance applications. As an integrated oracle platform, Chainlink provides critical infrastructure for creating cross-chain interoperable blockchain applications, including data, compliance, privacy, connectivity, and orchestration functionalities.

Core platform features include on-chain orchestration via Chainlink Runtime Environment (CRE), cross-chain communication through Cross-Chain Communication Protocol (CCIP), tokenized asset management with Digital Transfer Agent (DTA), compliance engine with Automated Compliance Engine (ACE), and data services such as Data Streams, Market and Data Feeds, DataLink, Proof of Reserve, and SmartData. Additionally, Chainlink offers computational services like Functions, Automation, and VRF.

Chainlink has been widely adopted by leading global financial institutions and DeFi protocols, including Swift, European Clearing House, Mastercard, Fidelity International, UBS, ANZ Bank, Aave, GMX, Lido, and others. To date, Chainlink infrastructure has enabled over $27 trillion in transaction value, providing a secure, scalable, and interoperable foundation for institutional and DeFi users.

Important recent news about LINK:

1️⃣ Institutional investors increase participation to support network security Nasdaq-listed company Caliber has staked 75,000 LINK from its treasury with Chainlink node operators, aiming to participate in the core infrastructure of Chainlink network security and earn staking rewards. The company stated it will further increase its staking proportion, reflecting ongoing confidence from traditional financial institutions in the Chainlink ecosystem, which helps enhance the network’s decentralization and security.

2️⃣ Developer ecosystem remains highly active, supporting long-term development prospects This month, among Ethereum-related projects, Chainlink ranks among the top three in developer activity, second only to Status and Ethereum. The high level of developer engagement indicates that Chainlink’s position as an infrastructure layer is solid, and it also suggests sufficient innovation momentum around core functionalities like oracles and cross-chain communication, laying a foundation for expanding the application ecosystem.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The RWA Yield Infrastructure Trade

The essay highlights challenges in direct RWA token exposure, emphasizes the potential in leverage opportunities amid settlement delays, critiques Morpho's governance token structure, and presents Fluid as a more effective token model with stablecoin links.

CoinDesk8m ago

Pi Network Price Drop Alert: Token Unlock and Profit-Taking Trigger Selling Concerns

Pi Network's price fell approximately 37% this week, failing to break through the key resistance level of $0.20. Supply-side pressure has increased, including large-scale token unlocks and rising exchange reserves, while weak demand is reflected in declining trading volume. In the short term, technical indicators lean bearish, with $0.17 as the key support level for bulls; a break below could lead to further downside toward $0.15. Overall market sentiment is influenced by geopolitical factors, and any rebound will require volume support.

MarketWhisper1h ago

Bitcoin Options Worth $18.6 Billion Set to Expire, 92% of Bullish Contracts at Risk of Expiring Worthless

Bitcoin monthly options will expire on March 27, with open interest reaching $18.6 billion, of which call options account for $11.2 billion. As high as 92% of call contracts are expected to expire worthless, with bears holding structural advantages. Macroeconomic factors such as inflation, geopolitical conflicts, and credit tightening are pressuring the market, with liquidity sensitivity around options expiration potentially impacting the spot market.

MarketWhisper1h ago

Willy Woo: Poor Performance of Crypto Market Traceable to FTX Liquidation Mechanism, Continued Popularity of Cash-and-Carry Arbitrage Strategy Keeps Releasing Selling Pressure

Crypto analyst Willy Woo指出,当前市场情绪低迷主要由于FTX破产后锁仓代币折价交易及期货对冲机制的影响。这导致普通投资者难以获得超额收益,建议关注比特币等核心资产。

BlockBeatNews1h ago

Stagflation 2.0 Signal Exposed: Gold and Oil Divergence, Bitcoin Converges Toward Digital Gold

Recently, Brent crude oil prices have declined while gold continues to rise, displaying stagflationary market characteristics. Bitcoin's price movement has gradually decoupled from oil and shifted toward tracking gold, reflecting institutional investors' view of it as a hedge asset. The Federal Reserve's high interest rate policy has intensified market concerns about inflation and economic growth slowdown. This phenomenon is historically closely associated with major macroeconomic shifts.

MarketWhisper1h ago

XRP Today News: Ripple stablecoin enters Singapore sandbox, maintaining $1.42 as a key support level

Ripple is testing its RLUSD stablecoin in the Monetary Authority of Singapore's regulatory sandbox, aiming to leverage blockchain technology to automate trade finance payment processes to reduce costs and enhance efficiency. This pilot will enable auto-triggered payments without manual approval, increasing transaction transparency. XRP is currently trading in the range of $1.41 to $1.42, with analysts bullish on its long-term value potential.

MarketWhisper2h ago
Comment
0/400
No comments