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Chainlink (LINK) Poised for Potential Breakout as Chainlink Expands on Base Network Blockonomi 16 aug. 2024

Chainlink (LINK) Poised for Potential Breakout as Chainlink Expands on Base Network 🚀

Chainlink (LINK) is currently consolidating between $9.65 and $10.85, with analysts predicting a potential rise to $23. This optimistic forecast is supported by Chainlink's full integration of its product suite on Coinbase’s Base network.

The integration includes Chainlink’s Data Streams for low-latency market data and Verifiable Random Function (VRF) for random number generation. These tools aim to enhance the development of high-performance applications on the Base network.

Base has already shown impressive capabilities, processing over 4 million transactions in a single day, outperforming its competitors. Chainlink’s advanced tools are expected to attract more developers and elevate the network's performance further.

Sursă: blockonomi.com ↗

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