Based

World

Chainlink

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<p>The race for technological dominance never weakens in the crypto sphere. Yet, amidst this fierce competition, Chainlink continues to hold its own against all rivals, including giants like Binance.</p>
<h2 id="h-domination-based-on-strategic-partnerships">Domination Based on Strategic Partnerships</h2>
<p>For years, Chainlink has established itself as the undisputed leader in the field of <a href="https://www.cointribune.com/lexique/oracle/" target="_blank" rel="noopener noreferrer nofollow">decentralized oracles</a>, and despite competitors’ efforts to dethrone this colossus, it remains firmly anchored on its throne.</p>
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<p>Chainlink’s success is not only based on the cutting-edge technology of its oracles but also on a smartly conducted partnership strategy.</p>
<p>Since its inception, Chainlink has surrounded itself with heavyweight partners, including Swift, one of the most influential financial messaging networks in the world.</p>
<p>These collaborations allow Chainlink to consolidate its position in the real-world asset tokenization sector, a rapidly expanding market.</p>
<p>With the rise of digital assets and the tokenization of physical goods, Chainlink is in a strong position to reap the immense potential of the Real World Assets (RWA) domain.</p>
<p>Thanks to its Cross-Chain Communication Protocol (CCIP), Chainlink facilitates the tokenization of assets for financial giants, transforming a traditional sector into a potentially trillion-dollar market.</p>
<p>It is this long-term vision and these strategic alliances that allow Chainlink to stay ahead, even in the face of increased competition from Binance Oracle.</p>
<h2 id="h-the-link-crypto">The LINK Crypto</h2>
<p>However, not everything is rosy in the Chainlink universe. While the ecosystem itself remains robust, the situation of LINK, the network’s native crypto, is more complex.</p>
<p>After a period of continuous growth, the price of this crypto has dropped, reaching a low of $10. This decline has led some investors to worry about the asset’s short-term viability.</p>
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<p>The negative funding rate of futures contracts indicates that professional investors are still anticipating declines, which may keep the pressure on the LINK price.</p>
<p>Looking at the liquidation heatmap, a significant accumulation of liquidity between $9.88 and $9.97 can be observed, suggesting that the price may remain in this range for some time. But despite this downward trend, the identified support levels around $10.39 and $10.86 offer a glimpse of possible stabilization.</p>
<p>However, the Chainlink team has not been idle in the face of this situation. To support the demand for LINK crypto, staking pools have been set up, allowing a significant portion of the supply to be locked up.</p>
<p>Although this pool has not been expanded for several months, an upcoming extension could reignite interest in the LINK Coin and encourage a new wave of accumulation.</p>
<p>Technically, LINK is currently moving within a descending channel, but indicators such as the <a href="https://www.ig.com/fr/glossaire-trading/on-balance-volume-definition" target="_blank" rel="noopener noreferrer nofollow">OBV (On-Balance Volume)</a> and the CMF (Chaikin Money Flow) suggest that, despite weak demand, the potential for recovery exists. If the market gains momentum, Chainlink’s crypto could rebound and target levels around $10.69 and $12.32. Otherwise, a decline to $8.06 remains plausible. It remains to be seen whether this giant will continue to evolve and adapt to maintain its place at the <a href="https://www.cointribune.com/lexique/top-sommet/" target="_blank" rel="noopener noreferrer nofollow">top.</a></p>

Crypto: Chainlink Withstands Binance and Other Competitors!

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