Chainlink (LINK) Finally Breaks the $ 50 Level, A Latest ATH Record! - Kakiforex.com - Financial Market Media No. 1 in the World Chainlink (LINK) Finally Breaks the $ 50 Level, A Latest ATH Record! Chainlink (LINK) Finally Breaks the $ 50 Level, A Latest ATH Record!
InstaForex

May 5, 2021

Chainlink (LINK) Finally Breaks the $ 50 Level, A Latest ATH Record!

 Chainlink (LINK) unexpectedly jumped to an all -time high (ATH) just now at a record $ 51.17, up 40% in a week.


Apparently what led to the LINK price spike was due to the growth of its ecosystem.


One of them, the publication of the Chainlink 2.0 whitepaper, which highlights the future of Chainlink, includes focusing on the limitations of previous whitepapers. For example the smart contract function as called by OKEx Insights:


“Chainlink 2.0 focuses on these limitations by introducing hybrid smart contracts on Decentralized Oracle Networks (DON). At the same time, this will allow the blockchain protocol to access off-chain data and run off-chain computing. "



Not only that, Chainlink 2.0 will make oracles more scalable while ensuring privacy protection on the network with the addition of confidentiality-preservation adapters and support for layer-2 confidential systems.


Among other developments; Chainlink partnered with Vesper to develop oracle for total locked in value (TVL) DeFi and at the same time real estate market analysis firm, SmartZip announced it would launch a Chainlink node.


Other records also show the number of LINK transactions has reached $ 100,000,000,000 in just 48 hours. While based on Net Network Growth, LINK managed to show a positive increase of 1.85%, a very strong bullish signal.


At the time of writing, LINK is slightly down from the ATH record to $ 49.45 (-3.74%). However, this coin still showed a jump of over 24% in 24 hours.