The number of LINK addresses doubled since 2020 beginning

by in Cryptocurrency News

LINK

The Chainlink ecosystem has expanded significantly over the past six months, as evidenced by the data provided by the Glassnode platform.

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.

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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.

Observers draw attention to the key driver of cryptocurrency value growth.

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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.