Former NBA player Kris Humphries has just tweeted about Chainlink’s explosive price rally and became the leading crypto asset saw exponential price performance. The technology that backs the altcoin saw huge adoption from prominent companies around the world so let’s see more in the upcoming Chainlink news.
Chainlink came so far that celebrities started taking notice as Kris Humphries, a former NBA player, once married to Kim Kardashian, commented about the asset’s price. There’s no doubt that the cryptocurrency rallied by more than 40% according to Cryptoslate market data. Since the capitulation lows that were seen in March, Link quadrupled. Humphries, a former player for the Dallas Mavericks, Toronto Raptors and Atlanta Hawks wrote the following:
“Since my first tweet about #ChainLink on Apr 7, 45+ additional partnerships have been announced, reference data increased from 29 to 31, and price increased by 145%. This is a long-term play, still these short-term wins are impressive.”
The comments suggest that Chainlink already saw exponential growth both in terms of usage and market price but it also still has room to rally over the longer period of time. Humphries commented back in April that in a world that relies on data, Chainlink is important especially as it transitions to decentralized and blockchain-based systems. His optimism about chainlink in terms of economic impact and technological growth might be for a good reason. LINK saw huge adoption rates and fundamental developments from around the globe.
Since my first tweet about #ChainLink on Apr 7, 45+ additional partnerships have been announced, reference data increased from 29 to 31, and price increased by 145%. This is a long-term play, still these short-term wins are impressive.#Link #BTC #ETH
— Kris Humphries (@KrisHumphries) July 10, 2020
Chainlink revealed the new partnership with Nexo, a crypto lending giant. The duo is working together to bolster the adoption of digital assets and blockchain technology. part of this will even see Chainlink’s oracle technology integrated with Nexo’s services. China’s Blockchain Service Network also started leveraging Chainlink oracles. The BSN is a Chinese-state backed blockchain initiative that involves some of the most prominent banks and technology companies. Also, Blockchain data platform Santiment reported:
“LINK is continuing to see sky-high daily active addresses, indicating just how active the network has been. The four highest outputs in network activity over the past year for Chainlink have occurred in the past six days.”
Chainlink has proven to be among the top performs as of the start of this year. It made many great partnerships and collaborations that influenced its price, making it the preferred crypto option for both crypto traders and institutional investors.
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