Chainlink goes live on Stellar: LINK price falls 6 percent to $12.13

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Chainlink has put its Data Feeds into operation on Stellar, reaching a network with billions in tokenised assets. The LINK price gives up 6.12 percent on the same day - why network expansion and token demand drift apart.Chainlink has been delivering its price data on Stellar since 14 October. Applications on that blockchain can now pull quotes for Bitcoin, Ether, LINK, XLM and USDC without building a data supply of their own. The token price is not following the news: Chainlink trades at $12.13 on 15 October, 6.12 percent below the previous day. The day's low was $11.98, the high $12.99. That gap between network expansion and price action is the real story of the day. An oracle network wins another blockchain as a customer, and the paper on it gives way because the whole market gives way. The two are connected far less tightly than they look at first glance. This case shows precisely why. What Chainlink delivers on Stellar: Data Feeds and Data Streams Chainlink is an oracle netw...