13

Rank

Chainlink, LINK

$39.23 ( 5.98% )

Market Cap

$16 437 710 852

24 Hour Volume

$3 337 609 566

Available Supply

419 009 556

Chainlink / US Dollar Chart, LINK/USD ()


Open price: 0.0
High price: 0.0
Average price: 0.0
Close price: 0.0
Low price: 0.0
Change: 0.0%

#
Exchange
Pair
Volume
Volume (%)
1.
LINK/USDT
405 012 716 USD
12.12 %
2.
LINK/USDT
401 055 696 USD
12.00 %
3.
LINK/USDT
401 035 297 USD
12.00 %
4.
LINK/USDT
400 935 874 USD
11.99 %
5.
LINK/USDT
182 353 378 USD
5.45 %
6.
LINK/USDT
176 990 175 USD
5.29 %
7.
LINK/USDT
158 445 915 USD
4.74 %
8.
LINK/BTC
121 577 924 USD
3.64 %
9.
LINK/USD
117 315 966 USD
3.51 %
10.
LINK/BTC
89 994 328 USD
2.69 %
11.
LINK/KRW
88 010 580 USD
2.63 %
12.
LINK/BTC
70 928 054 USD
2.12 %
13.
LINK/USD
53 551 183 USD
1.60 %
14.
LINK/USDT
52 603 698 USD
1.57 %
15.
LINK/USDT
34 809 200 USD
1.04 %
16.
LINK/BUSD
32 711 202 USD
0.98 %
17.
LINK/BTC
32 441 774 USD
0.97 %
18.
LINK/USDT
28 367 820 USD
0.85 %
19.
LINK/ETH
20 307 978 USD
0.61 %
20.
LINK/KRW
19 939 676 USD
0.60 %
21.
LINK/BTC
19 200 087 USD
0.57 %
22.
LINK/USD
19 107 396 USD
0.57 %
23.
LINK/USDT
18 209 628 USD
0.54 %
24.

FTX FTX

LINK/USD
16 970 202 USD
0.51 %
25.
LINK/BUSD
15 316 212 USD
0.46 %
26.
LINK/USDT
14 748 684 USD
0.44 %
27.
LINK/BTC
14 538 782 USD
0.43 %
28.
LINK/XRP
13 818 150 USD
0.41 %
29.
LINK/USDT
13 549 522 USD
0.41 %
30.
LINK/USDT
12 190 390 USD
0.36 %
31.
LINK/ETH
12 066 470 USD
0.36 %
32.
LINK/USDT
11 984 095 USD
0.36 %
33.
LINK/ETH
11 932 194 USD
0.36 %
34.
LINK/USDT
11 771 879 USD
0.35 %
35.
LINK/BTC
10 731 098 USD
0.32 %
36.
LINK/ETH
10 076 229 USD
0.30 %
37.

EXX EXX

LINK/USDT
9 794 117 USD
0.29 %
38.
LINK/EUR
9 011 129 USD
0.27 %
39.
LINK/USDT
8 627 347 USD
0.26 %
40.
LINK/USDT
8 314 324 USD
0.25 %
41.
LINK/TRY
8 072 241 USD
0.24 %
42.
LINK/USDT
7 980 644 USD
0.24 %
43.

FTX FTX

LINK/USDT
7 963 965 USD
0.24 %
44.
LINK/USDT
7 604 887 USD
0.23 %
45.
LINK/USDT
7 078 289 USD
0.21 %
46.
LINK/BTC
6 625 144 USD
0.20 %
47.
LINK/ETH
6 287 536 USD
0.19 %
48.
LINK/USDT
6 164 312 USD
0.18 %
49.
LINK/EUR
5 881 441 USD
0.18 %
50.
LINK/BTC
5 573 473 USD
0.17 %
51.
LINK/ETH
5 229 858 USD
0.16 %
52.
LINK/USD
5 204 192 USD
0.16 %
53.
LINK/EUR
5 036 797 USD
0.15 %
54.
LINK/BTC
4 630 656 USD
0.14 %
55.
LINK/USDC
4 106 209 USD
0.12 %
56.
LINK/GBP
4 039 066 USD
0.12 %
57.
LINK/USDT
3 806 199 USD
0.11 %
58.
LINK/ETH
3 761 013 USD
0.11 %
59.
LINK/USDT
3 750 682 USD
0.11 %
60.
LINK/ETH
3 715 825 USD
0.11 %
61.
LINK/USD
3 688 978 USD
0.11 %
62.
LINK/USDT
3 627 688 USD
0.11 %
63.
LINK/VET
3 219 308 USD
0.10 %
64.

MXC MXC

LINK/USDT
3 180 385 USD
0.10 %
65.
LINK/KRW
3 153 590 USD
0.09 %
66.
LINK/BTC
3 137 817 USD
0.09 %
67.
LINK/BTC
3 089 116 USD
0.09 %
68.
LINK/BTC
2 680 567 USD
0.08 %
69.
LINK/BTC
2 392 740 USD
0.07 %
70.
LINK/ETH
2 241 917 USD
0.07 %
71.
LINK/USDT
1 958 047 USD
0.06 %
72.
LINK/USDT
1 896 237 USD
0.06 %
73.
LINK/BTC
1 787 367 USD
0.05 %
74.
LINK/BTC
1 787 336 USD
0.05 %
75.
LINK/GBP
1 778 907 USD
0.05 %
76.
LINK/USDT
1 774 186 USD
0.05 %
77.
LINK/ETH
1 708 699 USD
0.05 %
78.
LINK/BTC
1 687 101 USD
0.05 %
79.
LINK/BTC
1 568 837 USD
0.05 %
80.

MXC MXC

LINK/ETH
1 562 100 USD
0.05 %
81.
LINK/TRY
1 492 554 USD
0.04 %
82.
LINK/USDT
1 454 296 USD
0.04 %
83.
LINK/BRL
1 368 602 USD
0.04 %
84.
LINK/USDT
1 351 714 USD
0.04 %
85.
LINK/KRW
1 323 444 USD
0.04 %
86.
LINK/USD
1 280 340 USD
0.04 %
87.
LINK/BTC
1 270 885 USD
0.04 %
88.
LINK/TRY
1 256 412 USD
0.04 %
89.

FTX FTX

LINK/BTC
1 247 556 USD
0.04 %
90.
LINK/BTC
1 241 085 USD
0.04 %
91.
LINK/AUD
994 756 USD
0.03 %
92.
LINK/USDT
895 666 USD
0.03 %
93.
LINK/ETH
847 987 USD
0.03 %
94.
LINK/BTC
823 525 USD
0.02 %
95.
LINK/BTC
706 396 USD
0.02 %
96.
LINK/BTC
667 393 USD
0.02 %
97.
LINK/BTC
634 053 USD
0.02 %
98.
LINK/USDT
617 389 USD
0.02 %
99.
LINK/ETH
611 052 USD
0.02 %
100.
LINK/THB
604 114 USD
0.02 %
101.
LINK/ETH
598 045 USD
0.02 %
102.
LINK/USDT
578 288 USD
0.02 %
103.

ZB ZB

LINK/USDT
565 989 USD
0.02 %
104.
LINK/UQC
560 671 USD
0.02 %
105.
LINK/USDT
553 129 USD
0.02 %
106.
LINK/TUSD
534 566 USD
0.02 %
107.
LINK/ETH
487 113 USD
0.01 %
108.
LINK/HUSD
460 081 USD
0.01 %
109.
LINK/BTC
449 736 USD
0.01 %
110.
LINK/USDF
422 717 USD
0.01 %
111.
LINK/USD
400 851 USD
0.01 %
112.
LINK/ETH
394 549 USD
0.01 %
113.
LINK/USDT
379 897 USD
0.01 %
114.

AAX AAX

LINK/USDT
356 907 USD
0.01 %
115.

AAX AAX

LINK/BTC
333 799 USD
0.01 %
116.
LINK/USDC
312 876 USD
0.01 %
117.
LINK/BTC
312 331 USD
0.01 %
118.
LINK/ETH
269 712 USD
0.01 %
119.
LINK/USDT
268 495 USD
0.01 %
120.
LINK/PLN
237 910 USD
0.01 %
121.
LINK/USDT
208 212 USD
0.01 %
122.
LINK/ETH
208 189 USD
0.01 %
123.
LINK/USDT
184 282 USD
0.01 %
124.
LINK/INR
177 205 USD
0.01 %
125.
LINK/USDT
171 208 USD
0.01 %
126.
LINK/GBP
162 576 USD
0.00 %
127.
LINK/USDT
156 481 USD
0.00 %
128.
LINK/ETH
155 813 USD
0.00 %
129.
LINK/BTC
151 189 USD
0.00 %
130.
LINK/KCS
146 563 USD
0.00 %
131.
LINK/CRO
141 292 USD
0.00 %
132.
LINK/BTC
132 836 USD
0.00 %
133.
LINK/BTC
127 626 USD
0.00 %
134.
LINK/BUSD
120 506 USD
0.00 %
135.
LINK/USDT
117 479 USD
0.00 %
136.
LINK/ETH
93 072 USD
0.00 %
137.
LINK/ETH
93 071 USD
0.00 %
138.
LINK/INR
85 272 USD
0.00 %
139.
LINK/TUSD
73 084 USD
0.00 %
140.
LINK/ETH
62 882 USD
0.00 %
141.
LINK/BTC
50 599 USD
0.00 %
142.
LINK/ETH
50 285 USD
0.00 %
143.
LINK/USDT
37 999 USD
0.00 %
144.
LINK/BTC
31 021 USD
0.00 %
145.
LINK/BTC
30 854 USD
0.00 %
146.
LINK/BTC
26 356 USD
0.00 %
147.
LINK/BTC
14 991 USD
0.00 %
148.
LINK/USDT
14 986 USD
0.00 %
149.
LINK/ETH
14 017 USD
0.00 %
150.
LINK/USDT
11 236 USD
0.00 %
151.
LINK/AUD
9 888 USD
0.00 %
152.
LINK/EUR
9 554 USD
0.00 %
153.
LINK/UAH
5 924 USD
0.00 %
154.
LINK/ETH
5 512 USD
0.00 %
155.
LINK/WRX
3 653 USD
0.00 %
156.
LINK/GBP
1 413 USD
0.00 %
157.
LINK/AED
1 068 USD
0.00 %
158.
LINK/TRX
885 USD
0.00 %
159.
LINK/ETH
574 USD
0.00 %
160.
LINK/BCH
2 USD
0.00 %
161.
LINK/BCH
2 USD
0.00 %
162.

AAX AAX

LINK/ETH
0.0 USD
0.0 %
163.
LINK/ETH
0.0 USD
0.0 %

About Chainlink


Chainlink is a decentralized network of verified oracles for smart contracts. It integrates external data from oracles with public blockchains. The network aims to make it easier to connect payment systems, channels with market data, back ends, off-chains, and any web API to blockchain platforms with smart contracts.

Chainlink operates on Ethereum and consists of two components — on-chain and off-chain ones. Besides smart contracts in its blockchain, it supports Bitcoin and Hyperledger blockchains. Developers plan on expanding compatibility with other platforms that allow creating smart contracts and also want to forge cross-chain connections among them.

Chainlink project history

Establishment: September 2014, Grand Cayman (Cayman Islands).
Founders: blockchain startupper Sergey Nazarov and software engineer Steve Ellis.
Previous experience: Mr Nazarov used to create peer-to-peer marketplaces and established service CryptaMail; Mr Ellis worked for Pivotal Labs on data privacy protection and software for payment automation. Both of them had established Secure Asset Exchange earlier.

Assistant: Ari Juels — co-author of white paper.
Advisers: Andrew Miller, Evan Cheng, Hudson Jameson.

Organisation: SmartContract Chainlink Ltd SEZC; 2014, Grand Cayman (Cayman Islands).
Executives: Sergey Nazarov is CEO, Steve Ellis is CTO, and Brendan Magauran is Head of Operations.

Project announcement: December 2014.
Public launch: June 2017.

Investment in the project

  1. September 2014: seed investment from Data Collective (DCVC) and Underscore.
  2. July–August 2017: $29 million during the presale.
  3. September 2017: $3 million during the token sale.

Chainlink cryptocurrency attributes

The Chainlink network facilitates external services for data provision and creators of smart contracts on blockchain platforms. Oracles that are called node operators in this network provide data validation for authenticity and reliability of operations. Anyone capable of creating a data feed and connecting an external API can become an operator and profit on extracting and validating data with the following transfer to smart contracts.

A node operator receives LINK tokens for completed tasks from creators of smart contracts. Thus, for operators, these tokens are ways to make a profit, and for those who need data validation, they are a payment for a service. The more important and the higher quality data are after processing, the more their recipients are willing to pay before inserting them in smart contracts.

A node operator can also buy LINK but they need tokens to use their supply as a stake in addition to reputation. Operators with a perfect reputation and a high stock of tokens are most often contacted. They are offered interesting and continuous orders. However, if processing quality goes down, data inaccuracy and errors appear, or an operator stops responding to requests, the network will lower the operator’s reputation and take away some tokens as a penalty.

Chainlink strives to provide reliability by checking relations between participants. For this purpose, the network has a validation system, a reputation system, a certification service, and a contract-upgrade service.

At first, LINK was just a token of the ERC-20 standard. Then, developers charged it with additional functions of ERC-223. Now, tokens follow the ERC-667 standard. Compatibility with the legacy ones is still in place.

Chainlink token sale and LINK distribution

The project raised funds for development twice. The presale for early investors started on 21 July 2017. Tokens were sold to them for ethers at the price of 2400 LINK for 1 ETH. It is not known how many tokens were sold, the leaders only said that they had raised $16 million. The crowdsale was supposed to collect the same amount within a month. The total planned amount would have been $32 million.

The project team released 1 billion LINK by limiting the issue with this amount and decided to distribute it the following way:

Token recipients Amount of LINK Share of the total issue
Investors who took part in the presale and token sale 350,000,000 35%
Node operators (reward payment) 350,000,000 35%
Company reserve (for development) 300,000,000 30%
Total: 1,000,000,000 100%

 

On 19 September 2017, a public token sale began but was cut short after a few hours. Turned out that before the start there were tokens only for the amount of $3 million, so they were quickly distributed. Available tokens were exchanged for ethers for the price of 2600 LINK for 1 ETH. As it was revealed later, in the course of the presale, the team received $29 million but due to hard cap could not collect more than $3 million from the public.

Chainlink price dynamics

Exchanges started listing the token on 20 September 2017 at the price of 0.1892 USD. Three days later, it set an all-time low of 0.1311 USD. Patient investors who held LINK until 31 December could have sold it for 0.6016 USD — this was a high of 2017.

OHLC prices of 2018:

  • open — 0.7336 USD;
  • high — 1.38 USD (8 January);
  • low — 0.1663 USD (28 June);
  • close — 0.2894 USD.

LINK price change in 2019

On 1 January 2019, the price went at its low of 0.2994 USD and then went flat until May. This was followed by strong upward and downward trends. Let’s list the price extremes of the trends that are noticeable on the 2019 Chainlink chart:

  1. 📈 Rise from 7 to 23 May: 0.5447 USD ⤴ 1.34 USD.
  2. 📈 Rise from 9 to 29 June: 1.07 USD ⤴ 3.70 USD — a high of the year.
  3. 📉 Fall from 5 to 30 July: 3.62 USD ⤵ 2.09 USD.
  4. 📉 Fall from 19 August to 14 September: 2.51 USD ⤵ 1.57 USD.
  5. 📈 Rise from 26 September to 9 October: 1.66 USD ⤴ 2.80 USD.
  6. 📈 Rise from 19 October to 14 November: 2.36 USD ⤴ 3.06 USD.
  7. 📉 Fall from 15 November to 17 December: 3.04 USD ⤵ 1.76 USD.

The rise in May was contributed by rising prices in the entire market. In June, the main cryptocurrencies also helped, and in addition also the transition to the Ethereum mainnet.

Chainlink predictions for 2020 and prospects

Unlike other cryptocurrencies that peaked in December 2017 or January 2018, Chainlink revealed its potential only in 2019. Then it turned out that the fixed high was far from the peak, and token vaulted in during the crisis of 2020.

Since the network runs on the Ethereum blockchain, the LINK token often correlates with the ETH coin. With a low at 1.74 US dollars on 2 January, the LINK price began to increase in parallel with ETH. The uptrend continued until 18 February and ended at around 4.54 US dollars. The increase was 160.9%, and ETH added 121.3% for the same period. Further, everything had a correction, but from 25 February to 5 March, LINK went against the tide, having risen in price from 3.51 to 4.72 US dollars — an all-time high.

Of course, with the collapse from 10 to 16 March, it was more painful to fall: a decrease from 4.08 to 1.78 US dollars gave minus 56.4% (ETH decreased by 44.9%). Though, the price recovery took place with increased zeal: from 5 April to 10 May, LINK went up from 2.28 to 4.03 US dollars. Its growth was 76.8%, and ETH recovered by 47.1%. At the end of May, both cryptocurrencies started an uptrend, in which LINK twice approached the high: on 4 and 9 June it fixed the same marks at 4.48 US dollars. Most likely, during the summer of 2020, the price will break the March record.

Chainlink roadmap

The project does not have an official roadmap, yet one has to somehow follow the development stages. Then we will create our own map to predict events that can affect the Chainlink price:

  • 27 June 2017: v1 release.
  • 18 March 2018: change of language used for nodes — from Ruby to Golang.
  • 30 April 2018: connection of Ropsten — the Ethereum testnet for creating test tokens.
  • 15 May 2019: three independent audits.
  • 30 May 2019: transition to the Ethereum mainnet.
  • 13 November 2019: start of the Chainlink Community advocate program.
  • 30 January 2020: launch of the price reference data feed for DeFi.
  • 3 March 2020: start of the Bug Bounty program at HackerOne with rewards from $250 to $5000.
  • 12 May 2020: addition of the verifiable random function to oracles.

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