Chainlink (LINK) Price
$12.219 0.87%
Latest Updates
Updated at 12:10Market cap
$8,652,107,961.19
Market rank
#12
Volume 24H
$373,887,020.87 19.45%
Price change 24h
-$0.10652 0.87%
Price change 7d
-$0.47026 3.85%
What about Link?
LINK is a cryptocurrency that powers the Chainlink network. Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. LINK serves as a payment method and a utility token because it is utilized for the trade of data services and node validator staking. In addition, LINK has a hard cap of 1 billion tokens, which are given out as compensation for the node operators' validation efforts. Chainlink, an ERC-20 token based on Ethereum, is protected by a proof-of-stake (PoS) consensus algorithm. In contrast to Bitcoin's proof-of-work (PoW) consensus, PoS chooses node validators depending on the number of staked tokens.
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Trending
24h top price changes+$0.0368 56.47%
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