Chainlink (LINK) is a prominent cryptocurrency that plays a vital role in the blockchain ecosystem by providing decentralized oracle services. It enables smart contracts to securely interact with real-world data, making it a fundamental infrastructure project in the Web3 space.
This article offers a detailed look at the current market status of LINK, its historical performance, and key metrics every investor should know.
Real-Time Chainlink (LINK) Price Overview
As of the latest data, the live Chainlink price is $13.67**. The 24-hour trading volume stands at **$5.73 million. The token has shown positive momentum, with a +0.96% price change in the last 24 hours and a notable +6.65% increase over the past week.
With a circulating supply of 678,099,970 LINK, Chainlink's current market capitalization is approximately $9.27 billion, securing its position as a top-tier asset ranked #12 in the global crypto market.
Key Market Data Snapshot
- Current Price: $13.67
- 24h Trading Volume: $5.73M
- Market Cap: $9.27B
- Circulating Supply: 678,099,970 LINK
- Max Supply: 1,000,000,000 LINK
Chainlink Price Performance Analysis
Understanding price trends over different time frames provides valuable context for market sentiment.
| Time Period | Price Change | Percentage Change |
|---|---|---|
| Today | +$0.107 | +0.79% |
| 7 Days | +$0.8484 | +6.62% |
| 30 Days | -$0.5411 | -3.81% |
| 3 Months | -$1.01 | -6.91% |
What Influences the Chainlink (LINK) Price?
The price of LINK is driven by a combination of factors unique to its role as a utility token.
- Network Adoption: Increased usage of the Chainlink network by decentralized applications (dApps) drives demand for LINK, which is used to pay node operators for data.
- Market Sentiment: Like all cryptocurrencies, broader market trends and investor sentiment significantly impact its price.
- Partnerships & Integrations: Announcements of new integrations with major blockchain projects or traditional enterprises can positively influence price.
- Supply Dynamics: The release of tokens from vesting schedules or staking rewards can affect the circulating supply and, consequently, the price.
For those looking to dive deeper into on-chain metrics and advanced charting tools to analyze these factors, you can explore more strategies available on major platforms.
Chainlink (LINK) Conversions
The value of 1 LINK varies against different global fiat currencies, reflecting its international nature.
- 1 LINK to USD: $13.67
- 1 LINK to EUR: €11.61
- 1 LINK to GBP: £10.00
- 1 LINK to JPY: ¥1,977.06
- 1 LINK to AUD: $20.79
- 1 LINK to CAD: $18.55
- 1 LINK to KRW: ₩18,670.94
- 1 LINK to INR: ₨1,168.56
Frequently Asked Questions
What is the all-time high for Chainlink (LINK)?
Chainlink (LINK) reached its all-time high price of $52.89. The current price is approximately 74.15% below this peak value, indicating significant potential for growth compared to its historical maximum.
What was the lowest price ever for Chainlink (LINK)?
LINK's historical low price was $0.1262. The current price represents a massive increase of over 10,722% from this lowest point, showcasing its long-term appreciation since inception.
How is the circulating supply of LINK determined?
The circulating supply represents the number of tokens that have been issued and are publicly available in the market. As of now, the circulating supply is 678,099,970 LINK out of a maximum supply of 1 billion LINK. New tokens are introduced into circulation according to the project's emission schedule.
What is the best way to store Chainlink tokens securely?
LINK can be stored in various types of cryptocurrency wallets. For maximum security, a hardware wallet (cold storage) is highly recommended. Other options include self-custody software wallets (web, mobile, desktop) and, for convenience, reputable exchange-based custodial wallets. The choice depends on your preference between security and ease of access.
How can I convert my Chainlink (LINK) into cash?
To convert LINK to cash, you typically need to use a cryptocurrency exchange. The process involves selling your LINK for a stablecoin like USDT or a fiat currency like USD on the exchange, and then withdrawing that fiat to your linked bank account. The specific steps and available options depend on the regulations and services in your region.
Where can I find reliable real-time price data for LINK?
Numerajor financial data websites and crypto exchanges provide real-time price feeds, charts, and market cap information for LINK. It's always best to consult multiple sources for the most accurate and up-to-date information. To view real-time tools and track LINK's performance, consider using established market analysis platforms.