• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Chainlink is a Pioneer in the Real World Assets Industry
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Altcoin News > Chainlink is a Pioneer in the Real World Assets Industry
Altcoin News

Chainlink is a Pioneer in the Real World Assets Industry

vitalclick
Last updated: December 15, 2024 10:27 am
5 months ago
Share
SHARE

According to new data from market intelligence platform Santiment, Chainlink $28.8 (LINK) is a leader in the Real World Assets (RWA) industry in terms of recent development activities. According to the information published on the platform’s social media account X, Ethereum will follow the decentralized oracle network Chainlink. $3,863.6 -based synthetic asset creator Synthetix (SNX) and privacy-focused tokenization project Dusk Foundation (DUSK).

Development ActivitiesChainlink’s Performance

Development Activities

According to data, Chainlink has made approximately 394 significant GitHub events in the last 30 days. Synthetix and Dusk Foundation were in this field with 176.6 and 34.7 events, respectively. These data show Chainlink’s activity and development in the sector.

Other noteworthy digital assets on the list include Polymesh (POLYX), a layer-one protocol designed for tokenized securities, and decentralized finance (DeFi) protocol Maker (MKR). Polymesh and Maker moved up to fourth and fifth place in the rankings, with 25.9 and 21.7 significant GitHub events respectively over the past month.

Chainlink’s Performance

According to previous data, data analysis platform Glassnode stated that Chainlink’s on-chain momentum is increasing and its price is rising. Glassnode pointed out that Chainlink’s key indicators have also improved.

“LINK’s price increase has clearly been driven by speculative and short-term market activity, but its fundamental indicators are also improving. We see that active address momentum is bullish and the short-term SMA remains above the long-term SMA. Chainlink’s token LINK reached its highest price in nearly two years, and open interest in futures rose to a historic high of $770.27 million!”

LINK is currently trading at $28.10, while SNX is $3.11, DUSK is $0.283, POLYX is $0.364, and MKR is $2,069. LINK’s daily decline of 2% could be an indication of market fluctuations.

The Real World Assets sector plays a significant role in the integration of blockchain technology into financial products. Chainlink’s leading position indicates the sustainability of technological developments and collaborations in this field. For investors, these dynamics in the industry can create long-term positive effects.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

You Might Also Like

The founding partner of the project detonated the bomb! 10-100x increase preparation in Altcoin giant

The alarm for solana (left) is not just the price

Invisible demand appeared in XRP! 2 catalysts announced to fly Altcoin’s price

Huge XRP Transfer from Whale! What’s Happening?

Burnings Have Started in This Meme Token! Will the Price Increase?

TAGGED:Altcoin
Share This Article
Facebook Twitter Email Print
Previous Article Why Did the Sudden Increase in Cardano (ADA) Price Cause Doubts?
Next Article Bitcoin Price Breaks New ALL-Time-High In Coming Week
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?