The price of then native token of smart contract platform Solana, SOL, has been significantly outperforming most other digital assets over the past few weeks, to the point that it's nearly overcoming Binance's BNB to become the fourth-largest digital currency by market capitalization. According to available market data, Solana's current market capitalization stands at $84.
GMX-Solana has adopted Chainlink's Data Streams as its official Oracle solution for price data, funding rates, and liquidations. In parallel, Chainlink's Cross-Chain Interoperability Protocol (CCIP) has facilitated cross-chain staking for Lido, broadening accessibility to staked Ethereum (ETH) on Layer-2 (L2) networks.
Bulls remain more powerful than bears, according to CoinMarketCap.
GMX is a decentralised exchange (DEX) platform for perpetual and spot crypto trading. It supports Bitcoin, Ethereum and other assets with up to 100X leverage. Over the past 24 hours, the GMX price has increased more than 14%. The GMX token reached lows of $20 after a recent bearish flip.
Today, bullish momentum for BNB is testing resistance at $600. Price analysis by Coinidol.com.
This means developers on Solana can now access ultra-fast data that updates in less than a second. Imagine checking the weather every second to see if you need an umbrella.
Binance Coin (BNB), one of the top cryptocurrencies, has seen significant price shifts in recent trading sessions, marked by both declines and attempts at recovery. The coin recently corrected from the $600 resistance zone, testing lower support levels before rebounding.
Bitcoin (BTC) touched $71,000 earlier today as it inches toward record highs. BTC hit $70,000 for the first time since late July and peaked at $71,460 before declining back to $71,000.
BNB trades at $598 with 164% year-to-date growth, sitting 20% below its June 2024 high of $720, while whale accumulation patterns and positive market conditions influence its price movement.
Renowned cryptocurrency analyst Michaël van de Poppe has recently shared his insights regarding the potential for significant price movements in several altcoins, including Chainlink (LINK) and Ethereum (ETH). His analysis suggests that if these assets can break through critical resistance levels, they may be poised for substantial upward trends in the near future.
BNB's latest hike was accompanied by the market sentiment shifting bullish.
Discover how BNB Chronicle, built on BNB Greenfield, addresses data storage challenges on the BNB Chain by ensuring long-term data availability in a decentralized manner.
Binance Coin (BNB) price has experienced notable fluctuations this year, marking significant highs and facing subsequent corrections. Following its peak of $720 in June, BNB entered a downward phase, later transitioning into an ascending triangle pattern.
Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.
Chainlink price, a prominent player in the blockchain space, is demonstrating renewed bullish momentum despite recent market downturns. LINK is forming an ascending triangle pattern, signaling potential upward movement after a recent rebound.
BNB's price corrected from $600 to a low of $565 before showing recovery attempts, currently facing resistance at $590 while maintaining support above $585.
Chainlink has shown resilience amid market fluctuations, recently posting a 2.58% gain with a 24-hour trading volume of approximately $237.59 million. Over the past week, LINK has gained 3.53%, reinforcing its stability above $11.
BNB price corrected gains below the $580 level. The price is now recovering higher and facing hurdles near the $590 resistance zone.
Leading altcoins Cardano and Chainlink have entered new collaborations designed to expand the Bitcoin ecosystem and improve liquidity. With Cardano offering direct access to Bitcoin liquidity through a partnership with BitcoinOS, and Chainlink integrating oracle services to enhance Bitcoin's functionality via Spiderchain, these initiatives promise to significantly impact the evolving blockchain landscape.
A widely followed crypto strategist believes that a decentralized oracle running on Ethereum (ETH) is gearing up for a big market reversal. Analyst Michaël van de Poppe tells his 733,600 followers on the social media platform X that he's bullish on Chainlink (LINK).
Chainlink (LINK) has recently drawn attention in the cryptocurrency space due to a significant trend observed in its market activity. On-chain data indicates a consistent pattern of negative net flows from exchanges, a development that could signal a bullish outlook for LINK.
The market sentiment returned to positive as Bitcoin (BTC) regained momentum, aiming for a breakout above $70,000. Breaching this level will inject a fresh bullish wave into the crypto market, with investors waiting in anticipation. Topping this list of new DeFi projects to watch out for is DTX Exchange (DTX), a novel exchange-based token.
Chainlink targets $18 as traders eye key $13 resistance.
The decentralized oracle network Chainlink (LINK) is once again the top-ranked ERC-20 project in terms of recent development activity, according to the crypto analytics platform Santiment. Santiment notes on the social media platform X that Chainlink registered 649.
In the ongoing struggling cryptocurrency market, a prominent crypto expert shares a bullish outlook for Chainlink (LINK) and suggests that LINK could soon skyrocket in the coming days.
The cryptocurrency market is abuzz with optimism as Binance Coin (BNB) demonstrates signs of a potential rally. After a recent dip, BNB's price has rebounded, supported by strong technical indicators and an increasing number of traders betting on a rise in value.
XRP may soon join that list if it can replicate the stunning performance of Binance Coin (BNB) from 2020 to 2021. As the market undergoes a bullish phase, XRP, once hindered by legal challenges, now stands poised for a potential rebound.
LINK's recent price action and growing network activity mean a potential breakout could be next.
Binance Coin (BNB) has been gaining significant attention from traders and investors, with its price action showing signs of strength and optimism. As of the latest market update, BNB was trading at $609.51, marking a 1.94% increase over the last 24 hours.
BNB is gaining momentum, trading at $590.66, and approaching a critical resistance level.
Chainlink (LINK) is currently in a pivotal phase, as it approaches a critical breakout point in the ever-evolving cryptocurrency market. Recent trends in whale accumulation and Chainlink's expanding role in real-world asset (RWA) integration have fueled speculation about its future price movement.
LINK, the native token of the leading decentralized oracle network Chainlink, has noted a 5% price surge over the past 24 hours. It currently trades at $11.76, with a 2% hike in trading volume during that period.
Bulls aim to knock out Bitcoin's all-time high before the US elections wrap up. Will altcoins follow?
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Is Chainlink ready for a comeback? In recent weeks, on-chain data shows a marked trend: LINK is massively leaving cryptocurrency exchanges.
Chainlink price rallied nearly 5 percent in the last 24 hours as several technical indicators point to a potential bullish breakout soon.
TL;DR Chainlink and Botanix Labs Partnership: Chainlink has partnered with Botanix Labs to integrate its oracle technology into Spiderchain, a Layer 2 network on Bitcoin, enhancing Bitcoin's blockchain ecosystem with real-world data feeds. Spiderchain Overview: Spiderchain is a decentralized, Ethereum-compatible Layer 2 blockchain on Bitcoin, enabling sophisticated DeFi applications by leveraging Bitcoin's security and liquidity.
This week, we examine Ethereum, Ripple, Solana, Dogecoin, and Binance Coin in greater detail. Ethereum (ETH) Ethereum closed the week in red, and its price fell by 6%.
The crypto markets are consolidating as the Bitcoin price has been fighting the bearish heat since the early trading hours. Some altcoins have been stuck under bearish influence, while the Chainlink price demonstrates acute strength.
Botanix Labs has announced that it is integrating Chainlink's services into Spiderchain, a Layer 2 (L2) network built on Bitcoin. This collaboration is part of the Chainlink Scale program, aiming to bring real-world data to Bitcoin's blockchain.
As the price of Bitcoin stabilizes above its important psychological level of $67,000, the DeFi market has recorded a significant increase in the buying and selling pressure. Moreover, many projects have regained momentum by breaking out of their crucial resistance levels.
On-chain data shows Chainlink has continued to observe negative exchange netflows recently, a sign that could be bullish for LINK's value. Chainlink Exchange Netflows Have Been Negative For Almost A Month In a new post on X, the market intelligence platform IntoTheBlock has discussed about the latest trend in the exchange netflow of Chainlink.
Chainlink price could be eyeing a phenomenal breakout following its recent recovery from weekly lows. Following this, a crypto researcher has said that a LINK “quadruple digit” price is inevitable in the long run.
For some days, the price of Chainlink (LINK) has been swinging between $10 and $11. This is a surprising move, considering the project's recent notable developments.
Botanix Labs is building Spiderchain to be compatible with EVM layers, allowing ny application or smart contract on an Ethereum layer to be effectively copied and pasted onto Bitcoin.
Sentiment around leading cryptocurrencies Chainlink ($LINK) and Cardano ($ADA) cooled today as both cryptocurrencies dipped in the last 24 hours. In general, crypto markets fell 1.1% overnight and now post a combined capitalization of $2.41 trillion. Unusually, market leader and pace-setter Bitcoin ($BTC) remains largely unaffected, growing by 0.
Chainlink, a blockchain oracle provider, has announced its first expansion into Bitcoin's decentralized finance (DeFi) ecosystem. It has collaborated with Botanix Labs to integrate Chainlink's Cross-Chain Interoperability Protocol (CCIP) into the Spiderchain network.