The Chainlink ecosystem has expanded significantly over the past six months, as evidenced by the data provided by the Glassnode platform.
The number of $LINK token holders continues to see a steady increase in 2020.— glassnode (@glassnode) June 25, 2020
There are currently more than 160,000 addresses holding LINK – an increase of 100% since the beginning of the year.
Live chart: https://t.co/qmTvHDXF3t pic.twitter.com/BPp65NaNU2
The researchers found that since January, the number of wallets with LINK tokens has increased by 100%. Currently, there are more than 160,000 addresses with different volumes of this cryptocurrency.
LINK announced itself loudly last year. The coin even broke into the top ten most prominent altcoins. Today, the token is trading at $ 4.75; over the past 24 hours, LINK capitalization has reached $ 1.663 billion.
At the moment, the coin is on the 13th line of the rating of the largest digital currencies according to the CoinMarketCap service.
Analyst Mati Greenspan believes LINK is set to take on new heights. There is no reason for the dominance of "bearish" sentiment in the camp of traders.
All markets: AAAAAAAHHHHHHHHHHHHHHH!— Mati Greenspan (tweets are not trading advice) (@MatiGreenspan) June 25, 2020
Link: What bear market? pic.twitter.com/sdh1HzFsOB
Observers draw attention to the key driver of cryptocurrency value growth.
It is an agreement on a partnership between Chainlink developers and the Chinese blockchain platform BSN. She integrated Chainlink oracles into her network. BSN will be able to use the power of the crypto project ecosystem when creating services based on blockchain technologies.