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What allowed ChainLink and Near to lead the growth in the ranking of the top 30 cryptocurrencies?

Admin by Admin
03.06.2022
in Others
18 0
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Reading time: ~2 m


The total value of cryptocurrencies on Thursday increased by 2%, almost all assets of the top 30 rating ended the day in the “green zone”. The ChainLink token (LINK) and the Near Protocol altcoin (NEAR) showed the best growth results among the largest digital currencies.

Investors “made a gift” to LINK, marking yesterday’s three-year anniversary of the network’s launch with a 5% rise.

For their part, chainLink developers responded with positive corporate news by introducing VRF v.2 on the Polygon sidechain. The technology is a decentralized random number generator embedded in smart contracts.

Developers are already actively using VRF in gambling, game plots for random distribution of NFT, choose validators to confirm blocks, etc. The ChainLink team expects that entering Polygon will reduce costs by expanding the number of installations of this system.

In general, the asset looks undervalued due to the delay in quotations in the sideways, despite the release of most quotes of digital currencies beyond the boundaries of the flat.
2
Investors’ attention to Near Protocol was attracted by the release of the May report. The network crossed the threshold of 10 million wallets in the last month of spring, opened Near Hacker House in Miami and launched expansion into Africa. The population of this region is the least covered by banking services, and the economies of developing countries contribute to interest in cryptocurrencies.

An equally important parameter of interest in Near Protocol is the TVL investment curve, which has shown steady growth since the second half of May, when most DeFi projects experience an outflow of funds.
3


#allowed #ChainLink #lead #growth #ranking #top #cryptocurrencies

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