Chainlink prices spiked 60% after Google use it an example on how to use Ethereum and Google Cloud to build hybrid blockchain applications.
The blog post of Google catalyzed a parabolic price swing for Chainlink (LINK) that seen its price swang from below $1.10 levels to as high as $2.00 on Binance.
Currently the price of Chainlink cryptocurrency stands at around $1.86 on Binance which is around 62% 24-hour gain.
The rally began when Allen Day published a blog-post demonstrating how developers could use Chainlink to enable Ethereum smart contracts to communicate with BigQuery, Google’s enterprise cloud data warehouse.
According to the blog-post Chainlink serves as critical middleware between other smartcontractsa nd real-world data, allowing decentralized applications (dApps) to access off-chain inputs without having to rely on centralized oracles.
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