Cryptocurrency Chainlink (LINK) reached a new milestone regarding addresses on its network recently. The number of unique LINK token addresses interacting on the network has reached 3,964. According to data from the Santiment platform, the level reached is the highest in the last two months.
In an analysis shared on September 22, Santiment also noted that the cryptocurrency has managed to trade ahead of the other asset average as LINK attempts to break the $6.80 price barrier again.
“Chainlink has been trading slightly ahead of the #crypto sector average today and is trying to break the $6.80 barrier once again. The number of unique $LINK addresses interacting on the network reached 3,964 yesterday, its highest level in 2 months,” he wrote.
🔗📈 #Chainlink has been trading a bit ahead of the average #crypto sector today, and is attempting to break the $6.80 barrier once again. The amount of unique $LINK addresses interacting on the network hit 3,964 yesterday, its highest level in 2 months. https://t.co/03RmGo67QM pic.twitter.com/3Hqn31ffi7
— Santiment (@santimentfeed) September 22, 2023
At the time of publication, Chainlink price was priced at $6.98 up 3.3% in the last 24 hours. The cryptocurrency recorded a trading volume of $221,295,678 during this period.
In the last seven days, the LINK token showed an increase in its price of 11.1%, a greater increase than the monthly increase, when the cryptocurrency increased by 10.9%.
The well-known Oracle Blockchain network, Chainlink, has just intensified its connection with the Ethereum Layer 2 scaling protocol, Arbitrum. The focus? Boost the development of decentralized applications (DApps) that work harmoniously across different chains.
Last September 21, a milestone was established: Chainlink and Arbitrum officially launched the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One. For developers, this represents a gateway to Chainlink’s robust solution, which, combined with Arbitrum’s scaling power promises high performance and lower costs.
For those who follow the crypto universe, this is more than technology – it is the materialization of unprecedented opportunities. Just imagine: tokenization, interlinked guarantees between different blockchains, blockchain-based games and even data storage and computing gain new ground for evolution.
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