Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The official Twitter handle of Chainlink has tweeted that over the past week, its services were adopted across five major blockchains, including the top 10.
These blockchains include Ethereum, BNB Chain and Polygon, as well as Avalanche and Arbitrum.
⬡ Chainlink Adoption Update ⬡
— Chainlink (@chainlink) October 23, 2022
This week, there were 12 integrations of 3 Chainlink services across 5 different chains: #Arbitrum, #Avalanche, #BNBChain, #Ethereum, and #Polygon.
Reminder: Check your eligibility to participate in Chainlink Staking v0.1. https://t.co/FcLlj7EbpG pic.twitter.com/3qigNpcVtW
Prior to that, Chainlink partnered with Floki Inu meme coin. Chainlink Keepers service was integrated into the FlokiFi Locker protocol. This is not the first partnership between these two blockchain companies.
Whales scoop up LINK as it hits $7
While it happened, whales did not waste time and began grabbing up LINK. As a matter of fact, according to Santiment data, large wallets had been adding LINK coins over the past seven months and, by now, these purchases total more than 47 million coins.
The wallets in question are those that are holding between 10,000 and 1 million LINK. The whales have bought those 47.31 million LINK since March, having invested $312.7 million in that crypto.
Now, according to a recent tweet from Santiment, the number of LINK wallets continues to grow as the coin's price hit the $7 high over the weekend.
Now, there are 458 wallets holding a whopping $700,000 worth of LINK. At the time of this writing, the 21st largest cryptocurrency by market capitalization value is changing hands at $6.95, per data shared by CoinMarketCap.