About Chainlink

The nature of the two currencies makes the LINK to USD currency pair appealing for trading and investing. While the fiat currency's popularity is well known, it's important to understand the appeal of the Chainlink network, which overcomes one of smart contracts' major challenges. The LINK price may rise in the future as the oracle network, which connects smart contracts with off-blockchain data, gains in popularity. The price of LINK moved in a gentle upward trend after the ICO until 2019 when it experienced more significant upward movements. For example, the LINK to USD exchange rate reached nearly $50 (£35.8) in the first half of 2021, representing a 400% increase. The movement of the Chainlink to USD value since the introduction of LINK, which was trading at $0.11 (£0.08) when it was first introduced, but has since experienced a significant increase, demonstrates the growing acceptance of the solution provided by the Chainlink decentralized oracle network.