Chainlink brings gold and forex data to the blockchain- price forecasts indicate a possible increase to $ 100 and beyond.

Chainlink brings gold and forex data to the blockchain- price forecasts indicate a possible increase to $ 100 and beyond.

Chainlink: Integration of gold and forex data on-chain

chainlink, the decentralized oracle network, expands its functions by integrating gold and forex data into the blockchain. This development could have far -reaching effects on the cryptocurrency market and further increasing the potential of Chainlink.

The on-chain integration of financial data such as gold and currency cursers enables smart contracts to access precise and reliable market information. This could be particularly important for projects in the defi range that are based on real assets and are supported by reliable price information.

Another aspect that is discussed in connection with Chainlink is the price forecast. Analysts seem optimistic and speculate that the price of Chainlink could increase to $ 100 and beyond. This could be promoted by the increasing acceptance of cryptocurrencies and greater integration into traditional financial instruments.

Overall, the connection between chainlink with gold and forex data could not only expand the functionality of the smart contracts, but also strengthen trust in cryptocurrencies and help to develop new applications. Investors and market observers should follow developments in this area carefully in order to recognize potential trends and opportunities.