Chainlink Gains Bullish Momentum: Does LINK Have Chances of Breakthrough to $10
Several RWA projects have already implemented Chainlink's price feeds and oracle infrastructure to integrate off-chain data into their networks. We understand with the help of on-chain analysis whether the growing demand can push LINK to a new rally.
The Chainlink ecosystem is attracting more and more users
Chainlink has seen a significant influx of new users in recent weeks. According to Santiment, on September 17, 865 new wallet addresses were registered on the network. Interestingly, this value was last observed on August 16.
The Network Growth metric measures the number of new users joining the blockchain. As a rule, its growth during an upward price trend indicates that the rally is due to organic factors, and not just speculative trading activity.$LINK
