How is Tron strengthening its rapidly-expanding $7 billion decentralized finance economy with Chainlink's assistance?

Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.

TL;DR Tron replaces WinkLink with Chainlink as its oracle provider to strengthen DeFi security. The migration to Chainlink covers key applications like JustLend and JustStable, with $6.5 billion in TVL. The network initially covers Chainlink costs to drive the adoption of high-quality services in its ecosystem.

Chainlink Data Feeds is set to become the official data oracle solution for the TRON blockchain ecosystem, providing data feeds for TRON's DeFi applications JustLend and JustStable. In an Oct.

Tron's DeFi ecosystem turns to Chainlink for reliable, decentralised pricing data.

The integration could enhance TRON's DeFi ecosystem security and innovation, potentially driving broader adoption and growth in the blockchain space. The post TRON DAO adopts Chainlink Data Feeds to strengthen DeFi security, accelerate TRON's growth appeared first on Crypto Briefing.

This move is set to enhance the way decentralized finance (DeFi) applications operate on the Tron blockchain. Tron DAO announced that JustLend and JustStable will now use data feeds from Chainlink for pricing information.

Tron founder Justin Sun said the blockchain's integration of Chainlink would present significant opportunities for the two networks to grow in the stablecoin and real-world asset sector. In an Oct. 31 post on X, Sun stated: “[Tron] has joined Chainlink Scale, adopting Chainlink Data Feeds as TRON's official oracle.

The TRON DAO will discontinue its support for WinkLink Oracle and focus on the Chainlink network for further DeFi development.

Yesterday, Chainlink appeared at SmartCon in Hong Kong to announce some very interesting news.

Tron DAO said in an announcement that DeFi applications JustLend and JustStable — with over $6.5 billion in TVL — will use Chainlink's data feeds.

TRON DAO has partnered with Chainlink as its new official oracle provider, replacing WINkLink, to secure its $6.5 billion DeFi ecosystem through Chainlink's Data Feeds and SCALE program integration.

LINK is approaching a pivotal breakout level, with indicators and network metrics aligning bullishly.

The secure and reliable price data will be available to one of the largest DeFi economies in the world.

Justin Sun, founder of TRON, announced that his company has joined Chainlink SCALE, with Chainlink Data Feeds now set to become the official oracle for the foundation. This strategic upgrade will enhance the security of over $6.5 billion in DeFi total value locked (TVL) on this blockchain platform through Chainlink's trusted infrastructure, while also creating

Oracle platform Chainlink has revealed a significant upgrade to its Cross-Chain Interoperability Protocol (CCIP). The blockchain highlighted four crucial enhancements that the upgrade introduced: Attention shifted to LINK's price performance amidst the optimistic ecosystem developments. The altcoin has approached a breakout from an ascending triangle setup, targeting levels beyond $15 this week.

A new era for Hedera? HBAR Foundation shakes hands with Chainlink's Scale program for a series of network tweaks.

Chainlink's new Runtime Environment provides developers with a unified platform for creating cross-chain applications

Chainlink has announced a substantial upgrade to its platform with the introduction of the Chainlink Runtime Environment (CRE). This is aimed at expanding the platform capabilities across thousands of blockchains.

Chainlink has launched a significant architectural upgrade, known as the Chainlink Runtime Environment (CRE). The upgrade will potentially improve financial-grade dApps and streamline integration across blockchain networks.

The Chainlink Runtime Environment upgrade is finally live in the Oracle network's bid to drive friendly developer engagements.

Chainlink is evolving rapidly, with a major Cross-Chain Interoperability Protocol (CCIP) upgrade now live on the mainnet. The decentralized Oracle service said this CCIP v1.5 upgrade has the power to transform how connected protocols share data.

Amid the ongoing bullish recovery in the crypto space this week, the BTC price has retested its $73,000 level. With this, major altcoins have added massive valuation to their respective portfolio within a short period.

Chainlink hopes CRE will be as important for Web3 as COBOL and JavaScript, which were important for automating finance and bringing it to the internet.

Chainlink's price has recently struggled to establish a close above $12, aiming to recover losses from the late July crash. Despite these challenges, LINK appears poised for a potential breakout, backed by increasing investor confidence.

Chainlink has introduced a major platform upgrade designed to make it more flexible and easier to use for developers and enterprises.

Chainlink (LINK) price, a key player in the blockchain industry, is gaining bullish traction with signs of further upward movement. Recently, LINK has shaped an ascending triangle pattern, hinting at potential gains ahead as it rebounds from prior lows.

Pyth Network's pull-based model has driven high transaction volumes, intensifying the Oracle's competition with Chainlink.

Lido has launched a new cross-chain staking system using Chainlink's CCIP technology, enabling users to stake ETH directly from Arbitrum, Base, and Optimism through a single transaction.

HBAR Foundation has joined the Chainlink ecosystem through Chainlink's scale program. The collaboration will see the integration of Chainlink Data Feeds and Chainlink CCIP on the Hedera testnet to give developers the diversified services required to build feature-rich dApps.

Chainlink (LINK) price has experienced a noticeable price surge, driven largely by a new collaboration with the HBAR Foundation on the Hedera blockchain. The integration of Chainlink's data and interoperability services through Chainlink Scale will expand access for developers and provide Hedera-based decentralized applications (dApps) with essential resources.

Lido has announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking across Ethereum layer-2 networks such as Arbitrum, Base, and Optimism, according to an Oct. 29 statement shared with CryptoSlate.

As the cryptocurrency market evolves, new players emerge while established coins continually innovate. This article explores five coins and projects: Qubetics, Ripple, Avalanche, Chainlink, and Solana. With unique features and value propositions, these coins showcase various technologies, applications, and growth potentials in the crypto ecosystem.

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.

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.

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.

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.

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.

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.

Chainlink has launched its Data Streams on BNB Chain's Layer-2 solution, enhancing the capabilities of decentralized finance applications within the ecosystem. This integration provides developers with access to real-time, high-frequency market data, enabling them to build more efficient and responsive applications.

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.

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.

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.