Cryptocurrencies: 30376
Markets: 108352
Market Cap: $2,461,128,477,487     
24h Vol: $63,188,464,129
Cryptela — Cryptocurrency News and Market Intelligence
Seeking Alpha

ChainLink: Adoption Will Drive LINK's Price Higher In The Long Run

Log in to save this article
Smart contracts could potentially become widespread in coming years, but they generally need a source of truth to provide real world utility.Oracles ensure that smart contracts are provided with accurate information and ChainLink is currently the leading oracle platform.The LINK token could appreciate significantly, depending on how widely smart contracts are used and ChainLink's market share.There is also uncertainty about how value created by the ChainLink network will accrue to the LINK token in the event ChainLink is successful.
Share this article

What do you think about this article?

Share your reaction with the Cryptela community.

Get more Cryptela on Google

Add Cryptela as a preferred source for cryptocurrency news and analysis in eligible Google Search experiences.

Add preferred source