Chainlink has printed its second consecutive quarterly growth amid expanding utility embrace
LINK is a spirited token whose growth is essentially fueled by its massive and growing utility. The digital currency remains a vital component of Chainlink's oracle services and the new Chainlink Cross Chain Interoperability Protocol , which is now being embraced by many networks in the Web3.0 ecosystem.
The intriguing aspect of Chainlink's growth over the past few months is that it has outpaced most of the prominent coins in the industry today. According to on-chain data, Chainlink is up by more than 17% in the past week as compared to just about 1% for Bitcoin. The foundation for the LINK growth has made it one of the few profitable tokens in the market today.
Per current performance data, Chainlink is up by 27.76% in the quarter ending today, marking the second straight quarter it is ending in gains.
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