In a major update, Chainlink (LINK) has launched its Cross-chain Interoperability Protocol (CCIP) on the mainnet. The early access phase of Chainlink’s (LINK) CCIP supports Ethereum, Avalanche, Polygon, and Optimism.
Chainlink (LINK)
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According to experts, this new project can multiply your investment quickly, and without any market risk. On the contrary, projects like Chainlink (LINK) and Stellar (XLM) are struggling to get market support.
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Chainlink (LINK) Launches CCIP On Mainnet
In a major update, Chainlink (LINK) has launched its Cross-chain Interoperability Protocol (CCIP) on the mainnet. The early access phase of Chainlink’s (LINK) CCIP supports Ethereum, Avalanche, Polygon, and Optimism.
As per the official communique, Chainlink (LINK) has used the same security model behind CCIP that powers price oracles. Chainlink (LINK) co-founder, Sergey Nazarov, stated that CCIP creates a standard communication system between various chains. However, the announcement of the CCIP launch has not brought any positive results for the price movement of Chainlink (LINK).
As a result, the exchange rate of Chainlink (LINK) has taken a dip of 4% on the 24-hour price chart at press time. Subsequently, Chainlink (LINK) currently trades at $6.84.
Stellar (XLM) Price Increases But Development Activity Falls
The Stellar (XLM) community is in doldrums, as the network has posted mixed performance in the past few weeks. While Stellar (XLM) has shown improvement in its price movement, the network growth seems to be lagging. Notably, the market value of Stellar (XLM) has witnessed a surge of 42% in the past seven days. As a result, a Stellar (XLM) token is available to trade at $0.14.
But the latest data from Santiment has highlighted an issue with Stellar (XLM). As per the data, the development activity on the Stellar (XLM) network has been declining. Subsequently, Stellar (XLM) has seen a drop of about 20% in development activity in the past month.
Experts believe that this can cause a decline in Stellar’s (XLM) value in the coming weeks.
Tradecurve's Challenge to Chainlink (LINK), Stellar (XLM), and the Crypto Market
In a rapidly evolving crypto landscape, Tradecurve is emerging as a formidable player, challenging established projects like Chainlink (LINK) and Stellar (XLM). The market can see more than 1 billion crypto traders by 2027. But traders are dissatisfied with existing exchanges due to their high transaction fees, and lack of investment options.
Revolutionizing the industry of crypto exchanges, Tradecurve has launched a permissionless and borderless Web3 trading platform. It can be accessed by anyone from across the world without any hassle.
The platform has removed all entry barriers, and allows people to trade cryptocurrencies, and other financial derivatives like forex and equities using a single account. On this platform, you can begin trading by creating an account with your email address. You do not need to go through any KYC verification process on this platform. This makes it distinct from other exchanges like OKX and Robinhood, where users are mandatorily required to share their sensitive personal information.
The developer team of the platform is KYC-verified, and TCRV’s smart contract has been fully audited by Cyber Scope. To maintain the platform’s stability, Tradecurve will keep the team tokens locked for 3 years, and the liquidity pool for 2 years. The Metaverse Trading Academy feature of this platform will help users take courses on profitable trading.
The platform is hoping to raise $20 million during its presale, and its market value has already risen by 150% in the first five stages. The initial price of the tokens was just $0.01, which has now reached $0.025. Moreover, its value can increase to $0.50 before the end of the presale, and $1.0 by the end of 2023.
For more information about the Tradecurve (TCRV) presale:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
Disclaimer: The views and opinions expressed in this sponsored article are those of the sponsor/author/agency and do not represent the stand and views of Mid-Day Group.Mid-Day Group disclaims any and all liability to any party, company or product for any direct, indirect, implied, punitive, special, incidental or consequential damages arising directly or indirectly from the use of this content.
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