What Is Chainlink (LINK)?
Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.
To learn more about this project, check out our deep dive of Chainlink.
Who Are the Founders of Chainlink?
Sergey Nazarov is a co-founder and CEO at Chainlink Labs. He graduated with a degree in business administration from New York University, with a focus on philosophy and administration. His professional career began as a teaching fellow at NYU Stern School of Business. In 2009, Nazarov co-founded ExistLocal, a peer-to-peer marketplace for authentic local experiences.
In 2014, he also co-founded CryptaMail, a completely decentralized, blockchain-based email service. In 2014, Nazarov teamed up with Steve Ellis and launched SmartContract, a platform that brings smart contracts to life by connecting them to external data and widely accepted bank payments. SmartContract was one of the entrepreneurial ventures that led Sergey Nazarov to the founding of Chainlink.
Steve Ellis graduated with a degree in computer science from New York University in 2010. Right after graduating, he became a software engineer at Pivotal Labs. In 2014, he co-founded the Secure Asset Exchange, a company facilitating easy web access to a decentralized asset exchange.
Chainlink Price Prediction
If you’re looking for Chainlink price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Chainlink (LINK) will go in the future? We will analyze the past prices of Chainlink (LINK) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2021 | $ 19.48 | $ 21.30 | $ 21.91 |
| 2022 | $ 31.01 | $ 31.86 | $ 36.23 |
| 2023 | $ 45.93 | $ 47.21 | $ 53.44 |
| 2024 | $ 65.57 | $ 67.93 | $ 79.36 |
| 2025 | $ 96.95 | $ 99.67 | $ 113.10 |
| 2026 | $ 144.10 | $ 149.08 | $ 168.20 |
| 2027 | $ 210.62 | $ 216.58 | $ 249.36 |
| 2028 | $ 312.18 | $ 320.84 | $ 369.37 |
| 2029 | $ 439.96 | $ 452.79 | $ 537.97 |
| 2030 | $ 641.67 | $ 664.31 | $ 768.32 |
Chainlink Overview
| Coin Name | Chainlink |
| Coin Symbol | LINK |
| USD Price | $ 19.50 |
| Marketcap | $ 9,107,957,584 |
| 24h Volume | $ 1,248,153,217 |
| Total Supply | 1,000,000,000 |
Chainlink (LINK) Price Prediction
At reconshell.com we predict future Chainlink price predictions/LINK forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Chainlink. We do our best to collect maximum historical data for the LINK coin which include multiple parameters like past price, Chainlink marketcap, Chainlink volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Chainlink Price Prediction 2021
According to our deep technical analysis on past price data of LINK, In 2021 the price of Chainlink is predicted to reach at a minimum level of $19.48. The LINK price can reach a maximum level of $21.91 with the average trading price of $21.30.
Chainlink Price Prediction 2022
The price of Chainlink is predicted to reach at a minimum level of $31.01 in 2022. The Chainlink price can reach a maximum level of $36.23 with the average price of $31.86 throughout 2022.
LINK Price Forecast for 2023-2024
As per the forecast price and technical analysis, In 2023 the price of Chainlink is predicted to reach at a minimum level of $45.93. The LINK price can reach a maximum level of $53.44 with the average trading price of $47.21.
The price of 1 Chainlink is expected to reach at a minimum level of $65.57 in 2024. The LINK price can reach a maximum level of $79.36 with the average price of $67.93 throughout 2024.
Chainlink Price Prediction 2025
Chainlink price is forecast to reach a lowest possible level of $96.95 in 2025. As per our findings, the LINK price could reach a maximum possible level of $113.10 with the average forecast price of $99.67.
Chainlink Price Prediction 2026
According to our deep technical analysis on past price data of LINK, In 2026 the price of Chainlink is forecasted to be at around a minimum value of $144.10. The Chainlink price value can reach a maximum of $168.20 with the average trading value of $149.08 in USD.
Chainlink (LINK) Price Prediction 2027
The price of Chainlink is predicted to reach at a minimum value of $210.62 in 2027. The Chainlink price could reach a maximum value of $249.36 with the average trading price of $216.58 throughout 2027.
Chainlink Price Prediction/Forecast 2028
As per the forecast and technical analysis, In 2028 the price of Chainlink is expected to reach at a minimum price value of $312.18. The LINK price can reach a maximum price value of $369.37 with the average value of $320.84.
Chainlink (LINK) Price Prediction 2029
The price of Chainlink is predicted to reach at a minimum value of $439.96 in 2029. The Chainlink price could reach a maximum value of $537.97 with the average trading price of $452.79 throughout 2029.
Chainlink Price Prediction 2030
Chainlink price is forecast to reach a lowest possible level of $641.67 in 2030. As per our findings, the LINK price could reach a maximum possible level of $768.32 with the average forecast price of $664.31.
What Makes Chainlink Unique?
Chainlink is one of the first networks to allow the integration of off-chain data into smart contracts. With many trusted partners, Chainlink is one of the major players in the data processing field. Due to the integration of off-chain data, Chainlink has attracted the attention of numerous trusted data providers, including Brave New Coin, Alpha Vantage and Huobi. Data providers can sell access to data directly to Chainlink, thus monetizing the information they have.
As a decentralized network, Chainlink allows users to become node operators and earn revenue by running critical data infrastructure required for blockchains’ success. Chainlink uses a large collection of node operators to collectively power a wide range of decentralized Price Feed oracle networks live in-production, which currently secure billions in value for leading DeFi applications like Synthetix, Aave, Compound and more.
How Many Chainlink (LINK) Coins Are There in Circulation?
During the initial coin offering (ICO) for LINK in September 2017, Chainlink announced a total and maximum supply of 1,000,000,000 LINK tokens. The current supply is about 453,509,553 LINK tokens, or about 45% of the total supply, as of end-September 2021. The Chainlink price at ICO was $0.11 and a total of 350 million LINK tokens were sold. This represents an over 200X from the ICO price to Chainlink price today.
Chainlink price experienced a massive bull run in the period around mid-2019 to mid-2020. Chainlink bulls were colloquially referred to as “LINK Marines,” becoming a well-known meme in the crypto community. Chainlink price reached an all-time high of $52.88 on May 9, 2021, on the back of an overall crypto market rally, as well as ongoing developments in the Chainlink ecosystem.
According to the ICO documentation, 35% of the total token supply will go towards node operators and the incentivization of the ecosystem. Another 35% of LINK tokens were distributed during public sale events. Lastly, the remaining 30% of the total token supply was directed towards the company for the continued development of the Chainlink ecosystem and network.
How Is the Chainlink Network Secured?
As an Ethereum-based ERC-20 token, Chainlink is secured by the proof-of-stake (PoS) consensus mechanism. Unlike the proof-of-work (PoW) consensus utilized by Bitocin, PoS relies on the amount of staked tokens for selecting node validators.
PoS protocols were created with the idea to battle the vast power consumption required by PoW systems. PoS models are becoming increasingly popular as they need less electrical power and are easily scalable. While PoW has proven itself a reliable consensus mechanism, Ethereum and all other ERC-20 tokens have been growing rapidly and setting the trend in the space.
Where Can You Buy Chainlink (LINK)?
Chainlink and the LINK token are among the most popular cryptocurrencies on the market. Considering this, a lot of exchanges have pushed to start offering trades in LINK. One top exchange to buy Chainlink is Binance.
Other exchanges offering trades in LINK include:
- Huobi Global
- Coinbase Pro
- Gate.io
- Kraken
It is important to consider the fact that investing in cryptocurrency carries risk, just like any other investment.
To check Chainlink price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Chainlink currency page. Alternatively, use the dedicated exchange rate converter page. Popular Chainlink price pairs include: LINK/USD, LINK/GBP, LINK/AUD and LINK/EUR.