LINK icon Chainlink price (LINK)

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What is Chainlink (LINK)?

Chainlink is a decentralized oracle network designed to connect smart contracts with real world data. In other words, Chainlink sends information from off-blockchain sources to blockchain-based smart contracts via so-called oracles. In case you’re not familiar with the concept, oracles collect data feeds and transfer it to the blockchain. Chainlink, in an essence, combines such oracles, fuels the network and improves smart contract interconnectivity. Interested in buying or selling Chainlink? Get started right now!

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Price (Month)
Chainlink Market
€8.5 Billion
587 Million
Volume 24h
€465 Million

Since 2017

The idea of Chainlink goes back to 2014 when Sergey Nazarov and Steve Ellis wanted to develop a bridge between external data sources and blockchains. It wasn't until years later in 2017, when the market had developed enough, that they filed an Initial coin offering (ICO). With the first round, it raised 32 million to further develop the project.

LINK Token

The maximum number of LINK tokens is 1,000,000,000 of which almost half (491 million) will be in circulation by October 2022.


Oracles are DeFi tools responsible for transmitting data from off-blockchain sources to smart contracts.

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More on the Chainlink (LINK) price

Chainlink price history

In September 2017, Chainlink was launched through an ICO, selling a total of 350 million LINK tokens for $0.11 USD. In addition, a maximum supply of 1 billion tokens was set, of which more than 490 million were in circulation as of October 2022.

In the period between July 2021 and July 2022, a bullrun took place in which the price of Chainlink rose to an all-time high of $52.88 on May 10, 2021. The cause of this was likely due to the general crypto market bullrun, as well as updates to the Chainlink network.

Link Marines

Chainlink's cryptobase are called the "Link Marines," they promote and defend the token against criticism. It is even said that some of Chainlink's successes are due to the Link Marines. There is even one member who calls himself the "Chainlink God. In addition, within the Link Marines community, there is also a rank classification that indicates how many LINK tokens a person owns. The highest rank is held by Sergey Nazarov, the founder of Chainlink, who is referred to as "General of Chainlink. After that, there are 18 other rankings that owners of Chainlink tokens can have.

Chainlink 2.0 whitepaper

In 2021, the Chainlink 2.0 white paper was announced. The new technology offers applications such as NFTs, stablecoins and DeFi. This will allow the Chainlink blockchain to make better use of information from the 'real world'. Ultimately, the goal is to develop hybrid smart contracts.

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