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ChainLink Price, LINK/USD Exchange Rates


Current Rating 21
Symbol LINK
Logo
Price change, 1h -1.24%
Price change, 24h -6.03%
Price change, 7d 8.88%
LINK current price $7.68
LINK Market cap $3 775 246 181
Available supply 491 599 970 LINK
Volume, 24h $987 797 403
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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 -0.15%
2 ETH Information Ethereum 0.78%
3 USDT Information Tether 0%
4 USDC Information USD Coin -0.01%
5 BNB Information BNB 3.16%
6 XRP Information XRP -2.54%
7 BUSD Information Binance USD -0.15%
8 ADA Information Cardano -5.46%
9 SOL Information Solana 3.42%
10 STETH Information Lido stETH -3.32%
11 DOGE Information Dogecoin 1.03%
12 DOT Information Polkadot -1.2%
13 DAI Information Dai -0.1%
14 MATIC Information Polygon -1.56%
15 WTRX Information Wrapped TRON 0.38%
16 SHIB Information Shiba Inu 1.15%
17 HEX Information HEX 11.25%
18 TRX Information TRON -0.03%
19 AVAX Information Avalanche -2.66%
20 UNI Information Uniswap 7.19%
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