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Data shows that Chainlink (LINK) has surpassed Cardano (ADA) in becoming the king of cryptocurrency projects in this metric.
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What is CryptoSlate Alpha?
A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›
Connected to Alpha
Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below.
Spanish telecommunications giant Telefonica recently announced its partnership with Chainlink, a move aimed at combating Web3-related exploits, including SIM card fraud. Considering the damage these exploits have inflicted on the crypto space, this is undoubtedly a welcome development.
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Chainlink has secured a strategic partnership with Telefonica, a global telecommunications powerhouse, to secure the connection of Web3 smart contracts with Global System for Mobile Communications Association (GSMA) Open Gateway APIs, according to a Feb. 15 statement shared with CryptoSlate.
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Crypto analyst Jacob recently gave his thoughts on what to expect from the Ethereum, Solana, and Chainlink tokens. Based on his analysis, there could be significant price movements from these major altcoins soon enough.
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Chainlink’s LINK token has surged to a five-month high in exchange balance, marking a notable uptick in inflows for the first time this year.
The Glassnode charts below show that approximately $75 million worth of LINK has flooded onto cryptocurrency trading platforms since Feb. 1.