Chainlink has continued to perform extremely well since early 2019, briefly surpassing $8.00 per $LINK this morning.
Below we take a look at on-chain metrics to see how they stack up in recent times
Below we take a look at on-chain metrics to see how they stack up in recent times
Both Active Addresses and Transaction Count are up in lockstep, indicating that not only is usage up, but the number of users of the network is growing too
The Adjusted Transfer Value (7dma) has started to spike, surpassing 2020 previous highs, but still a way off mid-2019 all-time highs
The majority of the additional activity being seen on @chainlink could be explained by the significant increases in addresses holding relatively small amounts, between 10 and 1,000 LINK
@chainlink The distribution to these addresses seems to largely be coming from early Chainlink whales that hold >10K LINK
