Chainlink
ChainlinkRank: # 18
Market Cap: $ 6,514,078,444
Volume (24hrs): $ 640,534,969
Circulating Supply: 708,099,970 LINK
Price in BTC: Ƀ 0.00012475
Change (1 Hr): -0.92%
Change (7 Days): -21.66%
Change (30 Days): -32.27%
All Time High: $ 52.70
All Time High Date: May 10, 2021
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- Polymarket, Kalshi clash over groceries as prediction markets boomCointelegraph.com News - 11 hours agoThe grocery giveaways come as Kalshi and Polymarket continue to top overall prediction market trading volumes, which are now consistently above $400 million per day.Two…
- Stablecoin ‘dust’ txs on Ethereum triple post-Fusaka: Coin MetricsCointelegraph.com News - 12 hours agoAnalysis of 227 million USDC and USDT balance updates found that 43% were dust transfers under $1, said Coin Metrics.Stablecoin-fueled dusting attacks are now estimated…
- Crypto dev launches website for agentic AI to ‘rent a human’Cointelegraph.com News - 12 hours agoThe site lets users set an hourly rate for tasks from errands to business meetings. It was built using AI agents in a “Ralph loop,”…
- Kraken parent Payward revenues jump 33% as crypto traders pile inCointelegraph.com News - 13 hours agoKraken co-CEO Arjun Sethi said Payward’s revenues were “well balanced” in 2025, split almost evenly between trading and asset-based revenues.Crypto exchange Kraken’s parent company, Payward,…
- Vitalik Buterin tempers vision for ETH L2s, pushes native rollupsCointelegraph.com News - 14 hours agoThe Ethereum co-founder said many layer‑2s have failed to decentralize and continue to be mediated by multisig bridges instead of inheriting Ethereum’s security advantages.Ethereum co-founder…
What is Chainlink?
ChainLink is a decentralized oracle (software built on top of a blockchain), which provides external data to Ethereum smart contracts. ChainLink is an open source project, started at September 2017 by a company SmartContract. This company was already creating secure oracles for Bitcoin and Ethereum for over 3 years, but in 2017 decided to move towards their own middleware ChainLink. At the moment ChainLink is maintained by 3 developers.
The main purpose for creating ChainLink was to provide nnectivity between blockchains and external software such as bank payments, retail payments (Visa, Paypal), market data (NYSE, Bloomberg) and backend systems (SalesForce, SAP). This allows to integrate blockchain with off-chain sales and local payments, to turn them into smart contracts in exchange for LINK tockens. LINK token is an EIP20 Ethereum token with some additional functions. ICO for LINK tokens was completed on September 2017 raising total of $32.00 M.
Currently ChainLink only works with Ropsten, a test Ethereum network.
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