A BIT Goes a Long Way
AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
Chart of the Day
Chin Up. While SOL and LUNA have captured the spotlight on Monday by hitting respective all-time highs, the top oracle project Chainlink has extended its own impressive gains, up more than 18% over the past week. It briefly touched its 10-week high above $30, before retreating to the upper $28 region. LINK’s rally is in part fueled by the latest data oracle launch, which allows developers to access real-world financial market data in smart contracts. On-chain metrics suggest that top LINK whales are relinquishing their grip on supply to new entrants, as the percentage of supply held by top addresses has reached an all-time low — truly living up to the idea of decentralization.