Chainlink (LINK) Price Prediction 2025-2030: LINK’s bid for $500 will be catalysed by…
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
Chainlink [LINK], the crypto-ranked twenty first by market capitalization, has had a rather eventful 45 days. LINK gained by more than 16% in value over the aforementioned period, with its market cap seeing similar gains. The most optimistic news was the fact that on 28 September, LINK managed to hit a 5-week high of $8.4 and have $1.3 billion worth of tokens traded in 24 hours.
Here’s AMBCrypto’s Price Prediction for Chainlink [LINK] for 2023-24
Alas, this wasn’t too last. Upon hitting the $8.4-level towards the end of September, LINK saw an injection of volume that crossed the billion-dollar threshold. However, the subsequent decline in price caused the volume to drop just as fast as it had grown.
Chainlink’s announcement of a partnership with international banking network SWIFT still remains the most significant news in recent times. One of the biggest names in traditional finance tapping Chainlink for its blockchain venture is very good news for this cryptocurrency.
There have been some major developments in the network over the past few days. Chainlink recently announced SCALE, a sustainable feature that aims to aid the growth of layer 1 and layer 2 ecosystems. This feature would also allow operational costs of oracles to be covered by dApp user fees.
Speaking at SmartCon22, Chainlink Co-founder Sergey Nazarov unveiled plans to launch staking at the end of 2022, in addition to a new economic model for the Web3 services platform.
On 29 September, SWIFT, the international banking network, announced a collaboration with Chainlink in order to develop a
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