Chainlink Price (LINK)

LINK is primarily used in the Chainlink ecosystem to reward oracles and node operators for verifying off-chain data. It also plays a role in staking for rewards, enhancing the security of the Chainlink oracle network through Chainlink Staking V0.1, which was introduced in 2022. For real-time LINK price information, check EXMON.

Chainlink uses a decentralized network of nodes that deliver data between smart contracts and external sources. Nodes compete to supply accurate data, and their performance is rewarded. Data validation occurs when multiple nodes agree on the same result, ensuring data reliability and preventing failures. This consensus approach guarantees the integrity of the data for smart contract usage.

Chainlink was founded in 2017 by Sergey Nazarov, Steve Ellis, and Ari Juels, with Sergey Nazarov serving as the CEO of the project.

Chainlink has a maximum token supply of 1 billion LINK, with approximately 638.09 million LINK currently in circulation.

Chainlink stands out as a leading cross-chain data interoperability platform with an advanced oracle-based infrastructure. It enables secure and reliable connections between blockchains and external data sources. Its extensive partnerships, including those with Ethereum, Cardano, Solana, and Polkadot, highlight its widespread adoption and trust within the blockchain ecosystem.

You can buy LINK through EXMON using a debit or credit card or trade it for other cryptocurrencies on the ADDA platform. Live LINK prices are updated in real time on EXMON. For more details, refer to the How to Buy Chainlink (LINK) guide on the platform.

Explore the Chainlink Price Prediction page on EXMON to evaluate potential future values based on user-generated data. Note that these predictions reflect user insights and not EXMON's official stance.