Recently there have been several cryptocurrencies which have set out to defy the overwhelming correlation with Bitcoin, determined to carve their own path. ChainLink is one such project, almost single-handedly proving that altseason is well underway; but what is ChainLink? And why has it been rising?
Over the past month, ChainLink (LINK) has increased a massive 200% putting Bitcoins so-called parabola to shame on a continued run which has outperformed nearly ever cryptocurrency in the top 100.
What is ChainLink?
ChainLink was introduced back in 2017, after a San Fransisco based fintech company called SmartContract – who specialized in (you guessed it) smart contracts – decided to enhance the Ethereum network and its revolutionary ability to create digital agreements.