Chainlink $15 (LINK) continues to gain prominence in the DeFi space. Recently, the integration of 34 Chainlink services across 14 different blockchain platforms has bolstered this upward trend.
Blockchain Integrations
Chainlink has achieved integration with popular Ethereum $3,369 Layer-2 solutions like Arbitrum, Base, and significant Layer-1 blockchains such as Solana $256 and Hedera. This expansion contributes to the growth of the Chainlink ecosystem and broadens the platform’s accessibility.
Chainlink has strengthened its collaboration with Swift to combine traditional financial systems with blockchain technology. Swift aims to offer banks the opportunity to test digital asset transactions next year. Chainlink co-founder Sergey Nazarov stated, “Chainlink continues to bridge traditional finance and DeFi.”
AI Integration
Nazarov emphasized the importance of AI integration to enhance the programmability of financial systems. The annual SmartCon conference organized by Chainlink provided a significant platform for discussions on this topic. At the conference, leaders in finance and blockchain explored the synergy between DeFi and traditional financial systems.
Additionally, Chainlink aims to facilitate secure asset transfers between blockchain networks through its Cross-Chain Interoperability Protocol (CCIP), thereby fostering collaboration across platforms and taking a more active role in the DeFi world.
According to CoinMarketCap data, LINK’s price has fluctuated over the last 30 days. However, Chainlink’s contributions to the evolution of blockchain technology in the financial sector continue to strengthen its position in the industry.