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2024

Starknet

DeFi

Chainlink

<ul>
 <li><strong>Chainlink stakeholders with 10K-1M coins have added 9.2M LINK, a 4.65% increase since June 24th.</strong></li>
 <li><strong>Starknet and Instruxi integrate Chainlink to enhance scalable DeFi applications and tokenization growth.</strong></li>
</ul>
<p>Santiment recently <a href="https://x.com/santimentfeed/status/1811864446316462591" rel="noopener noreferrer nofollow">tweeted</a> about the current developments in the Chainlink (LINK) coin. According to their data, important stakeholders who own between 10,000 and 1 million coins have significantly accumulated LINK during these market downturns.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f433.png" alt="🐳" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> Chainlink's key stakeholders with 10K-1M coins have been showing major accumulation during these suppressed markets. Since June 24th, they have added 9.2M LINK, a +4.65% increase to their collective holdings since that date. <a href="https://t.co/nYBvChXhHU" rel="noopener noreferrer nofollow">pic.twitter.com/nYBvChXhHU</a></p>
 <p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1811864446316462591?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 12, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="strong-significant-accumulation-by-chainlink-stakeholders-reflects-growing-confidence-strong"><strong>Significant Accumulation by Chainlink Stakeholders Reflects Growing Confidence&nbsp;</strong></h2>
<p>Specifically, since June 24th, these stakeholders have added 9.2 million LINK to their combined holdings, representing a 4.65% growth. This accumulation implies that major holders are becoming more confident in <span style="color: #008000;"><a style="color: #008000;" href="https://www.crypto-news-flash.com/chainlink-data-streams-integrated-by-umami-finance-for-better-lps/" rel="noopener noreferrer nofollow">Chainlink’s</a></span> prospects, even as the broader cryptocurrency market experiences turbulence.</p>
<p>LINK is currently trading at<strong> $13.15</strong>, up <strong><span style="color: #008000;">0.90%</span> </strong>over the last 24 hours, with a daily trading volume of $241.80 million. Despite the fact that Chainlink’s price changes are less volatile than those of other cryptocurrencies, the platform continues to improve its network and grow its partnerships.</p>
<div class="cryptoboxes" id="mcw-435411" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="chainlink" data-symbol="LINK" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>
<p>As we previously reported, <span style="color: #008000;"><a style="color: #008000;" href="https://www.crypto-news-flash.com/chainlink-data-feeds-go-live-on-starknet-boosting-defi-development/" rel="noopener noreferrer nofollow">Starknet now supports Chainlink Data Feeds</a></span> on its mainnet, allowing developers to create scalable and secure DeFi applications. This integration demonstrates Chainlink’s dedication to offering dependable and decentralized data solutions for the rapidly expanding DeFi sector.</p>
<p>Furthermore, according to a prior CNF<span style="color: #008000;"> <a style="color: #008000;" href="https://www.crypto-news-flash.com/instruxi-joins-chainlinkbuild-to-foster-digital-asset-tokenization/" rel="noopener noreferrer nofollow">report</a></span>, Instruxi has officially entered the ChainlinkBUILD program. This is an important milestone for both projects, which aim to promote the growth and usage of tokenized assets.</p>
<p>Instruxi will have access to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which allows for frictionless cross-chain token transfers, as well as early access to new product releases. This strategic alliance is expected to improve Instruxi’s capabilities and stimulate innovation in the tokenization ecosystem.</p>
<p>Chainlink is still an important participant in the decentralized finance (DeFi) area as it innovates and expands its ecosystem.</p>

Major Accumulation: Chainlink Key Stakeholders Boost Holdings

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