TL;DR
- Chainlink secures 12 integrations across 9 different platforms to boost its adoption and relevance within the blockchain ecosystem.
- The integrations encompass various services, such as its Cross-Chain Interoperability Protocol (CCIP), Mainnet Integration, and Price Feeds.
- Platforms like Seamless Protocol, Mind Network, and FlashLiquidity have integrated Chainlink’s services with specific goals, such as calculating collateral ratios, enhancing security in cross-chain transactions, and enabling faster and safer commercial operations.
Chainlink, one of the leading decentralized oracle networks, has secured 12 integrations across nine different platforms. These integrations aim to bolster its adoption and relevance within the blockchain ecosystem.
The integrations cover a wide range of services offered by Chainlink, including its Cross-Chain Interoperability Protocol (CCIP), Mainnet Integration, and Price Feeds, among others. Its network provides versatility and utility in various use cases within the blockchain world.
⬡ Chainlink Adoption Update ⬡
There were 12 integrations of 6 #Chainlink services across 9 different chains: @arbitrum, @base, @ethereum, @LineaBuild, @MetisL2, @Optimism, @0xPolygon, @Scroll_ZKP, and @zksync.
New integrations include @DistribGallery, @EnoToken,… pic.twitter.com/xXj0Y89txC
— Chainlink (@chainlink) May 26, 2024
Among the platforms that have integrated Chainlink’s services are Arbitrum, Base, Ethereum, Linea, Metis, Optimism, Polygon, Scroll, and zkSync. Encompassing projects such as DistributedGallery, ENO Token, FlashLiquidity, Rain Coin, Mind Network, Phoenix, Seamless Protocol, XSTAR, and YieldFlow.
Each of these partnerships has specific objectives. For example, Seamless Protocol has adopted Price Feeds to calculate collateral ratios and maintain secure markets. On the other hand, Mind Network and FlashLiquidity have utilized Chainlink’s Cross-Chain Interoperability Protocol to enhance security in cross-chain transactions.
Chainlink Strengthens its Position: Grows by 23%
Additionally, in the past month, LINK has announced several new partnerships aimed at further bolstering its role in the decentralized application (dApp) infrastructure. For example, Stader Labs has integrated the Cross-Chain Interoperability Protocol to secure token transactions and ETHx transfers between Ethereum and Arbitrum. Similarly, Vertex DEX has adopted Data Streams to enable faster and safer commercial operations.
LINK is is strongly committed to blockchain interoperability and supporting dApps in various ecosystems. With these initiatives, it aims to solidify itself as a key infrastructure provider in the decentralized world.
According to the latest data from Coinmarketcap, LINK has experienced significant growth. In the past month, it managed to increase its value by nearly 23%. Its current market price is $17.37. Its market capitalization is approximately $10.197 billion, with a trading volume of nearly $346 million.
