Gate News Bot news, on August 18, according to CoinMarketCap data, as of the time of writing, LINK (Chainlink) is currently priced at $25.87, up 14.85% in the last 24 hours, with a high of $26.22 and a low of $20.87, and a 24-hour volume of $2.644 billion. The current market capitalization is approximately $17.541 billion, an increase of $2.268 billion from yesterday.
Chainlink is a core infrastructure of the blockchain. Chainlink provides key functions such as cross-chain communication, compliance, data, and computation, enabling financial institutions and blockchains to access secure data, cross-chain interoperability, and decentralized computing, thereby building advanced on-chain applications. Chainlink is trusted by global institutions such as Swift, JPMorgan, and Mastercard, and has supported hundreds of billions of dollars in chains.