{"id":258334,"date":"2022-09-18T14:00:20","date_gmt":"2022-09-18T08:30:20","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=258334"},"modified":"2022-09-18T11:05:47","modified_gmt":"2022-09-18T05:35:47","slug":"heres-the-full-scope-impact-of-chainlinks-latest-integration-on-link","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/heres-the-full-scope-impact-of-chainlinks-latest-integration-on-link\/","title":{"rendered":"Here&#8217;s the full scope, impact of Chainlink&#8217;s latest integration on LINK"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Chainlink\u2019s [LINK]<\/span><span style=\"font-weight: 400;\"> mission to continue as the crypto-ecosystem standard oracle network was met with another development recently. According to its official Twitter page, it was able to integrate four applications on its expanding network over the course of the week.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u2b21 DAILY WRAP-UP \u2b21 <\/p>\n<p>\u26d3\ufe0f Integrations on <a href=\"https:\/\/twitter.com\/hashtag\/BNBChain?src=hash&amp;ref_src=twsrc%5Etfw\">#BNBChain<\/a> and <a href=\"https:\/\/twitter.com\/hashtag\/Polygon?src=hash&amp;ref_src=twsrc%5Etfw\">#Polygon<\/a> \u26d3\ufe0f<\/p>\n<p>\u2022 <a href=\"https:\/\/twitter.com\/bountyblok?ref_src=twsrc%5Etfw\">@bountyblok<\/a> | VRF + CPF | Supporting fair contests, giveaways, and <a href=\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&amp;ref_src=twsrc%5Etfw\">#NFT<\/a> initiatives<br \/>\u2022 <a href=\"https:\/\/twitter.com\/DeHealth_World?ref_src=twsrc%5Etfw\">@DeHealth_World<\/a> | Keepers + CPF | Distributing rewards and displaying accurate fiat values <a href=\"https:\/\/t.co\/pHdy5TDvs0\">pic.twitter.com\/pHdy5TDvs0<\/a><\/p>\n<p>&mdash; Chainlink (@chainlink) <a href=\"https:\/\/twitter.com\/chainlink\/status\/1570549774683721729?ref_src=twsrc%5Etfw\">September 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The hybrid smart contracts blockchain integrated across the <\/span><span style=\"font-weight: 400;\">Polygon<\/span><span style=\"font-weight: 400;\"> network, and on <\/span><span style=\"font-weight: 400;\">Binance Smart Chain (BSC)<\/span><span style=\"font-weight: 400;\">. Of all the applications, the most notable one is <\/span><a href=\"https:\/\/twitter.com\/DeHealth_World\"><span style=\"font-weight: 400;\">DeHealth,<\/span><\/a><span style=\"font-weight: 400;\"> which operates on the BSC. The Decentralized Application (DApp) works by securing and monetizing medical data.\u00a0<\/span><\/p>\n<h4><strong>Yes, on course<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">With the integration, it can be argued that Chainlink&#8217;s native cryptocurrency may soon head in the right direction. At press time, LINK had <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/chainlink\/\"><span style=\"font-weight: 400;\">hiked<\/span><\/a> by<span style=\"font-weight: 400;\"> 2.32% on the charts, with the altcoin trading at $7.90. While investors may have considered this uptick minimal, it was also LINK&#8217;s highest price point since 13 September.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the development&#8217;s impact did not end with LINK&#8217;s price. Santiment data <\/span><a href=\"https:\/\/app.santiment.net\/charts\/9Nek4Suv__sCl\"><span style=\"font-weight: 400;\">showed<\/span><\/a><span style=\"font-weight: 400;\"> that the aforementioned updates corresponded with positive on-chain developments. According to the same, active addresses surged from 561 to 1142, as of 16 September. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the reversal to 708 at press time, the BNB-LINK chain was still not at an extremely low level as the addresses were at their highest level since 24 June.<\/span><\/p>\n<figure id=\"attachment_258335\" aria-describedby=\"caption-attachment-258335\" style=\"width: 3840px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-13.49.04-17-Sep-2022.png\"><img decoding=\"async\" class=\"wp-image-258335 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-13.49.04-17-Sep-2022.png\" alt=\"\" width=\"3840\" height=\"1300\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-13.49.04-17-Sep-2022.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-13.49.04-17-Sep-2022-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-13.49.04-17-Sep-2022-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-13.49.04-17-Sep-2022-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-13.49.04-17-Sep-2022-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-13.49.04-17-Sep-2022-2048x693.png 2048w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a><figcaption id=\"caption-attachment-258335\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">On the volume front, it was <\/span><a href=\"https:\/\/app.santiment.net\/charts\/9Nek4Suv__sCl\"><span style=\"font-weight: 400;\">not the same<\/span><\/a><span style=\"font-weight: 400;\"> story. Santiment revealed that there was a slight drop from its 24-hour figures. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of writing, LINK\u2019s volume had dropped by 5.31% to $615.11 million. The whale supply percentage in the $5 million region was also, however, barely impacted. The supply seemed to hold its same position since 15 September, with the same constant at 42.<\/span><\/p>\n<figure id=\"attachment_258336\" aria-describedby=\"caption-attachment-258336\" style=\"width: 3840px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-14.11.52-17-Sep-2022.png\"><img decoding=\"async\" class=\"wp-image-258336 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-14.11.52-17-Sep-2022.png\" alt=\"\" width=\"3840\" height=\"1300\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-14.11.52-17-Sep-2022.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-14.11.52-17-Sep-2022-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-14.11.52-17-Sep-2022-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-14.11.52-17-Sep-2022-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-14.11.52-17-Sep-2022-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Bitcoin-BTC-14.11.52-17-Sep-2022-2048x693.png 2048w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a><figcaption id=\"caption-attachment-258336\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<h4><strong>Where it all ends<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">For most investors, all of these DApps integrations should end in a price uptick for LINK. Ergo, the question is &#8211; Will it?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Looking at the Awesome Oscillator (AO), there was clear positive sentiment. Indications from the AO showed that there was a bullish twin peak on the momentum charts. The Simple Moving Average (SMA) seemed to come to a similar conclusion too.\u00a0<\/span><\/p>\n<figure id=\"attachment_258337\" aria-describedby=\"caption-attachment-258337\" style=\"width: 1834px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/LINKUSDT_2022-09-17_14-23-36.png\"><img decoding=\"async\" class=\"wp-image-258337 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/LINKUSDT_2022-09-17_14-23-36.png\" alt=\"\" width=\"1834\" height=\"877\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/LINKUSDT_2022-09-17_14-23-36.png 1834w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/LINKUSDT_2022-09-17_14-23-36-300x143.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/LINKUSDT_2022-09-17_14-23-36-1024x490.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/LINKUSDT_2022-09-17_14-23-36-768x367.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/LINKUSDT_2022-09-17_14-23-36-1536x734.png 1536w\" sizes=\"(max-width: 1834px) 100vw, 1834px\" \/><\/a><figcaption id=\"caption-attachment-258337\" class=\"wp-caption-text\">Source: LINK\/USDT, TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">In light of its prevailing momentum, LINK investors may be optimistic that a price increase is possible in the short -term. However, wider crypto-market sentiment is something investors may want to watch out for.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink\u2019s [LINK] mission to continue as the crypto-ecosystem standard oracle network was met with another development recently. According to its official Twitter page, it was able to integrate four applications on its expanding network over the course of the week. The hybrid smart contracts blockchain integrated across the Polygon network, and on Binance Smart Chain<a href=\"https:\/\/ambcrypto.com\/heres-the-full-scope-impact-of-chainlinks-latest-integration-on-link\/\">Continue reading <span class=\"sr-only\">&#8220;Here&#8217;s the full scope, impact of Chainlink&#8217;s latest integration on LINK&#8221;<\/span><\/a><\/p>\n","protected":false},"author":70,"featured_media":258339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-258334","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Here&#039;s the full scope, impact of Chainlink&#039;s latest integration on LINK - AMBCrypto<\/title>\n<meta name=\"description\" content=\"With the integration, it can be argued that Chainlink&#039;s native cryptocurrency may soon head in the right direction. 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