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
Semiconductor Sector Continues to Rise, Should Retail Investors Buy Intel or AMD? On April 23, Eastern Time, Intel (INTC) reported its latest quarterly earnings results, showing that revenue grew 7% to $13.6 billion and earnings per share was $0.29, beating expectation
Author  TradingKey
Apr 24, Fri
On April 23, Eastern Time, Intel (INTC) reported its latest quarterly earnings results, showing that revenue grew 7% to $13.6 billion and earnings per share was $0.29, beating expectation
placeholder
Gold drops below $4,700 on stronger US Dollar, Middle East tensions Gold price (XAU/USD) falls to around $4,690 during the early Asian session on Friday. The precious metal attracts some sellers amid a stronger US Dollar (USD) and elevated oil prices that stoked inflation worries. 
Author  FXStreet
Apr 24, Fri
Gold price (XAU/USD) falls to around $4,690 during the early Asian session on Friday. The precious metal attracts some sellers amid a stronger US Dollar (USD) and elevated oil prices that stoked inflation worries. 
placeholder
Silver Price Forecast: XAG/USD plummets below $76 as oil price posts fresh weekly highSilver price (XAG/USD) is down almost 2.3% to near $76.00 during the European trading session on Thursday. The white metal faces selling pressure as oil prices extends its winning streak for the third trading day on Thursday.
Author  FXStreet
Apr 23, Thu
Silver price (XAG/USD) is down almost 2.3% to near $76.00 during the European trading session on Thursday. The white metal faces selling pressure as oil prices extends its winning streak for the third trading day on Thursday.
placeholder
WTI sticks to positive bias above $92.00 amid Middle East tensionsWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – fades an Asian session spike to the $95.80-$95.85 area, or a one-and-a-half-week top, and retreats to the lower end of its daily range in the last hour.
Author  FXStreet
Apr 23, Thu
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – fades an Asian session spike to the $95.80-$95.85 area, or a one-and-a-half-week top, and retreats to the lower end of its daily range in the last hour.
placeholder
JPMorgan Raises S&P 500 Target; Can AI Sector Continue to Drive US Stocks?JPMorgan Chase has raised its year-end target for the S&P 500, noting that the core driver is not a simple recovery in sentiment, but rather upward earnings revisions for AI-related techn
Author  TradingKey
Apr 22, Wed
JPMorgan Chase has raised its year-end target for the S&P 500, noting that the core driver is not a simple recovery in sentiment, but rather upward earnings revisions for AI-related techn
Related Instrument
goTop
quote