Top 7 cryptos supported by Chainlink data streams: EGLD, FIL, ICP, SAND, SEI, stETH, XLM

Source Fxstreet
  • Chainlink lists new asset data streams supported by the chain, MultiversX, Filecoin, dfinity, The Sandbox, Sei Network, Lido Finance and Stellar. 
  • Data Streams allow availability of data offline and allows for data to be verified cryptographically, in a timely manner. 
  • LINK trades at $11.33, down nearly 1% on the day. 

Chainlink (LINK) data streams allow data availability offchain. The protocol integrated seven assets into the infrastructure- MultiversX (EGLD), Filecoin (FIL), Internet Computer Protocol (ICP), The Sandbox (SAND), Sei Network (SEI), Lido Finance’s staked Ether (stETH), and Stellar (XLM). 

The addition of support for new assets by Chainlink Data Streams boosts the utility of the LINK token. 

Chainlink data streams announce support for new crypto tokens 

Chainlink’s official account on X announced support for seven new cryptocurrency tokens in its data streams infrastructure feature. The project provides offline availability of data and makes the provision of allowing cryptographic verification and data support offline, providing faster throughput for supported chains and assets. 

The assets rely on Chainlink for the accuracy of its data streams. In a recent discussion, 21Shares, Flow Traders and Chainlink Labs discussed the importance of high security standards in the web3 ecosystem and how the blockchain achieves reliability for supported assets and its infrastructure. 

LINK trades at $11.33 at the time of writing. The altcoin erased nearly 1% value on the day and 1.05% in the last seven days, per TradingView data. 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin CME gaps at $35,000, $27,000 and $21,000, which one gets filled first?Prioritize filling the $27,000 gap and even try higher.
Author  FXStreet
Aug 21, 2023
Prioritize filling the $27,000 gap and even try higher.
placeholder
Understanding the first crypto market crash of 2024 and what to expect nextThe 365-day MVRV ratio suggests that this crash may be just the beginning. If the ETF is rejected before the second quarter of 2024, it could trigger a sharp correction.
Author  FXStreet
Jan 04, Thu
The 365-day MVRV ratio suggests that this crash may be just the beginning. If the ETF is rejected before the second quarter of 2024, it could trigger a sharp correction.
placeholder
Japanese Yen stands tall near one-month top against USD on hawkish BoJ talksThe Japanese Yen (JPY) rallied to the highest level since early February against its American counterpart on Friday amid bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.
Author  FXStreet
Mar 11, Mon
The Japanese Yen (JPY) rallied to the highest level since early February against its American counterpart on Friday amid bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, Mon
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
Dogecoin Path To $23? Fibonacci Extensions Hint At Massive Upside With Musk-Trump InfluenceElon Musk’s favorite cryptocurrency, Dogecoin (DOGE), could be on the verge of a massive parabolic rally following the recent victory of Republican U.S. presidential candidate Donald Trump.
Author  NewsBTC
Nov 07, Thu
Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE), could be on the verge of a massive parabolic rally following the recent victory of Republican U.S. presidential candidate Donald Trump.
Related Instrument
goTop
quote