Chainlink: Will 2023 be a game-changer for the LINK long-term holders

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Chainlink: Will 2023 be a game-changer for the LINK long-term holders
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Chainlink revealed its achievements in 2022 and its development plans for 2023. MVRV Ratio and funding rate increased along with the price. Co-founder of Chainlink [LINK] Sergey Nazarvo, recently published a blog that not only highlighted Chainlink’s achievements in 2022, but also the company’s plans for the current year. Nazarvo mentioned that in 2022, Chainlink […]

have a lot to work on, as stated in the blog. Developers are working on connecting all blockchains into a large interoperable network for both value transfer and smart contract interoperability.

Similar to how they connect code across several clouds, developers should be able to connect smart contracts across many chains. Moreover,is also building a new technology that will have an increasingly important effect on how an Internet-based society operates. The technology will make cryptographic guarantees the new minimum standard for the majority of digital transactions and relationships.While Chainlink’s roadmap looked optimistic, LINK’s performance on the price front was also commendable during the first few weeks of 2023.

The bullish market helped LINK paint its chart green as it registered nearly 2% weekly gains, and at the time of writing, it wasInterestingly, LINK also remained pretty popular among the whales lately, as it was one of the top 10 purchased tokens among the 4000 biggest BSC whales in the last 24 hours.

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