FXTM information and reviews
FXTM
93%
OctaFX information and reviews
OctaFX
92%
XM information and reviews
XM
91%
FXCC information and reviews
FXCC
90%
Libertex information and reviews
Libertex
89%
FxPro information and reviews
FxPro
88%

ChainLink Price, LINK/USD Exchange Rates


Current Rating 25
Symbol LINK
Logo
Price change, 1h -0.42%
Price change, 24h 2.20%
Price change, 7d 1.38%
LINK current price $7.52
LINK Market cap $3 513 441 073
Available supply 467 009 550 LINK
Volume, 24h $300 916 566
Share

ChainLink virtual currency is one of those tokens that facilitate the interaction of the consumer with the supplier of goods or services. In view of the active integration of blockchain technologies into the life of an ordinary person, recently such currencies are in high demand.

ChainLink project has elaborated a technology that creates secured channels between various data providers with the usage of blockchain system. In simplw words, they have developed so called oracles that make it possible to implement a smart contract between the blockchain infrastructure and third-party data sources. This allows customers to build big data networks between various companies. Such networks are governed by nobody or nothing other than a smart contract, and are substantially decentralized.

The Chainlink network provides reliable tamper-proof inputs and outputs for complex smart contracts on any blockchain. Easily connect smart contracts to the data sources and APIs they need to function. Send Payments from your contract to bank accounts and payment networks.

Building a truly valuable smart contract requires the use of multiple inputs to prove contractual performance, as well as multiple outputs to affect outside systems and/or send payment to complete the smart contract. Chainlink provides your smart contract with the inputs and outputs it needs to reach its full potential.

Smart contracts require secure middleware to connect them to real world data. This external data will trigger the contract, creating the need for its high reliability.

Chainlink (LINK) is a decentralized oracle service, which aims to connect smart contracts with data from the real world. Since blockchains cannot access data outside their network, oracles are needed to function as data feeds in smart contracts. Oracles provide external data (e.g. temperature, weather) that trigger smart contract executions upon the fulfillment of pre-defined conditions.

Participants on the Chainlink network are incentivized (through rewards) to provide smart contracts with access to external data feeds. Should users desire access to off-chain data, they can submit a requesting contract to ChainLink’s network.

These contracts will match the requesting contract with the appropriate oracles. The contracts include a reputation contract, an order-matching contract, and an aggregating contract. The aggregating contract gathers data of the selected oracles to find the most accurate result.

LINK/USD Price and Exchange Rates Charts

LINK/USD Price, Exchange Rates chart – 7 days

LINK/USD Price, Exchange Rates chart – 30 days

LINK/USD Price, Exchange Rates chart – 60 days

* Forex Rating accepts no liability for any errors in the ChainLink Price or LINK Information. For the most recent information please visit the ChainLink official site.

Top Cryptocurrencies

# Cryptocurrency 7 days
1 BTC Information Bitcoin 1.61%
2 ETH Information Ethereum 1.59%
3 USDT Information Tether 0.02%
4 BNB Information BNB 10.51%
5 USDC Information USD Coin -0.02%
6 XRP Information XRP 1.37%
7 ADA Information Cardano -3.49%
8 BUSD Information Binance USD 0.14%
9 SOL Information Solana -1.72%
10 HEX Information HEX -33.69%
11 DOGE Information Dogecoin -0.71%
12 STETH Information Lido stETH -3.32%
13 DOT Information Polkadot -5.44%
14 AVAX Information Avalanche -3.89%
15 WBTC Information Wrapped Bitcoin 1.77%
16 WTRX Information Wrapped TRON 11.93%
17 TRX Information TRON 11.38%
18 SHIB Information Shiba Inu 1.16%
19 DAI Information Dai -0.04%
20 MATIC Information Polygon 0.21%
Cryptocurrency Rating

Top Bitcoin Brokers

All Bitcoin Forex Brokers

BTC/USD Forecasts

Is Bitcoin leading or following global demand for risk?
Is Bitcoin leading or following global demand for risk?

Bitcoin is down 3.6% over the past week, ending near $29,900. Ethereum lost 5.8%, while other leading altcoins in the top 10 fell from 5.4% (XRP) to 9.2% (Cardano)...

23 May 2022

Bitcoin entrenched at $30K
Bitcoin entrenched at $30K

Bitcoin fluctuates around $30K and has crossed that line daily in one way or another over the past 12 days. A 3.5% increase in the day’s results on Thursday turned...

20 May 2022

UST-LUNA Wipeout Crashes Crypto
UST-LUNA Wipeout Crashes Crypto

The Terra stablecoin UST’s depegging issue caused a widespread dump in all crypto assets as the debacle starts to deteriorate. On Monday, huge volumes of redemptions for the UST...

17 May 2022

Bitcoin’s short-term upward channel
Bitcoin’s short-term upward channel

On Monday, Bitcoin was down 3.6%, ending the day around $29.9, but is trading back above $30K on Tuesday morning. Ethereum has little changed over the past 24 hours...

17 May 2022

Has Bitcoin reached the bottom?
Has Bitcoin reached the bottom?

Bitcoin is down 9.4% over the past week, ending at around $31,000. Ethereum lost 16.1%, while other leading altcoins in the top 10 fell from 13.9% (Binance Coin) to 25.4% (Solana)...

16 May 2022

Has the crypto market hit bottom?
Has the crypto market hit bottom?

Bitcoin added 0.6% on Thursday, ending the day around $28,600, a modest gain but a significant intraday win. Bitcoin managed to find support near $25K on Thursday morning...

13 May 2022

HFM information and reviews
HFM
87%
IronFX information and reviews
IronFX
86%
FXCM information and reviews
FXCM
85%
LegacyFX information and reviews
LegacyFX
83%
NordFX information and reviews
NordFX
82%
FP Markets information and reviews
FP Markets
81%

© 2006-2022 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.