Chainlink Is Up 12% In The Last 24 Hours

Chainlink is up 12% in the last 24 hours, according to CoinMarketCap. The Chainlink network continues to integrate with multiple DeFi protocols and GameFi projects. As a result, the adoption of Chainlink is growing. On December 7, Solarbeam, the largest DEX on the Kusama-based Moonriver parachain, announced the integration of Chainlink price channels into its upcoming Moonriver lending platform.

Chainlink develops networks of oracles that connect real data with blockchain-based smart contracts. The Chainlink network activates and secures over $80 bln in smart contract value across multiple blockchains across industries such as DeFi, insurance and gaming, thanks to node operators such as T-Systems, Swisscom and the Associated Press.

LINK, Chainlink's native asset, continues to rally after rebounding from sales lows of $16.72. LINK is currently trading at $22.78 and ranked 20th by market cap.

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