Chainlink Collaborates With Leading DeFi and Blockchain Platforms to Pioneer Changes in the Blockchain Industry

Azeez Mustapha

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The recent collaboration of Chainlink with other leading decentralized finance and blockchain platforms was aimed at pioneering changes in the blockchain industry. Among the leading platforms are EverRise, StarkDefi, and Spotify. Thanks to the Chainlink BUILD program, startups and established Web3 projects are thriving in the industry to some extent. The innovation of Chainlink BUILD contributes to the reason why these leading platforms chose to collaborate with Chainlink.

The collaborations with the leading platforms were also aimed at fostering easy access to Chainlink services and technical support. Other benefits of Chainlink’s collaborations are cut-across network fees, the Chainlink community, service providers, and stakeholder groups on the Chainlink network. As Chainlink experiences global recognition and more collaborations with leading platforms in the blockchain industry, investors’ confidence is likely to rise. This will in turn cause an increase in the value of LINK over time.

Chainlink Collaborates With Leading Defi and Blockchain Platforms to Pioneer Changes in the Blockchain IndustryAmidst the selling pressure on LINKUSD, as the year 2022 came to an end, the bulls stormed the market and caused a change of character to the upside. As the price left the premium zone, a bullish order block was created.

The bullish order block was later returned, sometime in May 2023. This propelled the price to the upside as the uptrend continued. Following the recent sell-side liquidity below the $6.400 old low, LINKUSD began another bullish phase.

Resistance Levels: $7.500, $8.800, $9.500
Support Levels: $6.800, $5.900, $5.400

Total Market Capitalization: $1.16T
Chainlink Market Capitalization: $3.40B
Chainlink Volume: $0.12B
Market Rank: #19

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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