LINK - ChainLink Price, Charts, All-Time High, Volume & Markets - In USD, EUR, CNY etc. | Nomics
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ChainLink (LINK)

LINK Price

$8.4217
340.54%
Market Cap
$3.22B
361.81%
Volume
$84.40B
258.98%
Transp. Vol.
19%61.15%
Grade
A gradeA grade
Rank
#8
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ChainLink Year-to-Date Performance

Today's ChainLink price is $8.4217, which is up 341% since the beginning of the year. ChainLink's market cap is $3.22B. Year to date LINK volume is $84.40B. It has a market cap rank of 8 with a circulating supply of 382,009,558 and max supply of 1,000,000,000. ChainLink is traded on exchanges. ChainLink had an all-time high of $8.6471 1 day ago. Since the beginning of the year, ChainLink has had 19% transparent volume.

Market Cap
$3.22B
361.81%
Volume
$84.40B
258.98%
Transp. Vol.
$16.17B19%61.15%
Transparency GradeA gradeA grade(Transparent)
Circulating Supply382,009,558
Max Supply1,000,000,000
7D Price Prediction
N/A

ChainLink Statistics

Price

$8.4217
Price Change
$6.5100 (340.54%)

All-Time High

$8.6471
Date of ATH7/15/2020
Days Since ATH1
% of ATH97.39%
Price vs ATH

Market Cap

$3.22B
Mkt Cap Change
$2.52B$2,520,537,656 (361.81%)
Mkt Cap Rank8
Mkt Dominance0%
Mkt Dominance

Circulating Supply

382,009,558
Max Supply1,000,000,000
% in Circulation38.20%
% in Circulation

Volume

$84.40B$84,400,749,719
Vol. Change
$60.89B$60,889,577,208 (258.98%)
Exchange VolumeUnknown

Transparent Volume

19%
Transparent Volume (Δ)
61.15%
Transparent Volume
A - 19%
B - <1%
C - 68%
D - 11%
? - 2%

About ChainLink

Link (LINK) is a cryptoasset that powers the Chainlink decentralized oracle network. This network allows smart contracts on the Ethereum platform to securely connect to external data sources, payment systems, and application program interfaces (APIs) that exist outside the blockchain.

Although smart contracts (agreements between two parties written in computer code) have tremendous potential, the underlying consensus mechanisms of blockchain technology make it so smart contracts are unable to communicate with external data systems. Some smart contracts can’t execute without off-chain information (e.g., a price fluctuation for a specific asset). To solve this issue, oracles are used.

An oracle finds and verifies real-world events and submits this data to smart contracts on the blockchain. Although oracles help, they also present another point of concern: oracles are centralized third-party sources. A user must trust that the oracle is providing accurate data. This is called the “oracle problem.”

SmartContract (a San Francisco based fintech company) launched Chainlink in June of 2017 in response to the “oracle problem.” Originally called SmartContract Oracle, Chainlink is a blockchain middleware that connects smart contracts across blockchains and allows them to access off-chain information from multiple oracles in the network.

Instead of relying on a single oracle to provide smart contracts with external data, Chainlink’s decentralized network of independent nodes can perform computations to determine the accuracy of off-chain data from several oracles before it is passed to a smart contract.

The ChainLink network uses Link, an ERC-20 token, as an incentive for Node operators to retrieve data from off-chain data feeds, structure data into readable formats on the blockchain, execute off-chain computation, and maintain uptime guarantees.

SmartContract was cofounded in 2014 by Sergey Nazarov (CEO). Before starting SmartContract, Sergey founded Secure Asset Exchange and CryptoMail.

ChainLink’s ICO was held in September of 2017 and raised $32 million USD.

Chainlink launched on Ethereum’s mainnet on May 30, 2019.

According to SmartContract, Chainlink has partnerships with Google Cloud, Oracle, and SWIFT.

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ChainLink Markets

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ChainLink Historical Data

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Today's LINK / ChainLink News for July 16, 2020

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