AI and Big Data Drive Innovation: Spotlight on Chainlink (LINK) and Its Role in Cryptocurrency Advancements

LINK

LINK/USDT

$8.87
+0.80%
24h Volume

$277,398,300.61

24h H/L

$9.05 / $8.78

Change: $0.2700 (3.08%)

Long/Short
71.8%
Long: 71.8%Short: 28.2%
Funding Rate

-0.0049%

Shorts pay

Data provided by COINOTAG DATALive data
Chainlink
Chainlink
Daily

$8.88

-0.34%

Volume (24h): -

Resistance Levels
Resistance 3$11.1648
Resistance 2$9.6304
Resistance 1$9.0383
Price$8.88
Support 1$8.7637
Support 2$7.92
Support 3$7.15
Pivot (PP):$8.9033
Trend:Downtrend
RSI (14):31.4
(02:32 AM UTC)
2 min read

Contents

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  • March witnessed a significant surge in interest for AI and big data projects within the cryptocurrency sector, sparking widespread excitement.
  • Santiment’s recent report highlights the projects with the highest Daily Development Activity, showcasing the increasing investment in these technologies.
  • “The integration of AI and big data is not just a trend, it’s becoming a cornerstone of blockchain innovation,” noted a crypto industry expert.

Explore the latest developments in cryptocurrency projects focusing on AI and big data, and their impact on the market.

Leading Projects in AI and Big Data

Oasis Protocol (ROSE) leads with a Daily Development Activity score of 172.2, focusing on privacy in open finance and data economy. NEAR Protocol follows with a score of 158.67, providing a scalable platform for developers, while The Graph scores 115.3, enhancing data accessibility across blockchain networks.

Distinguishing Features of NEAR Protocol

NEAR Protocol distinguishes itself by offering a developer-friendly environment that prioritizes usability and efficiency, making it an attractive platform for developing decentralized applications utilizing AI and big data.

Insights and Implications

The high development activity of these projects indicates a robust growth trajectory and continuous innovation, which are crucial for the advancement of AI and big data applications in blockchain technology.

Conclusion

The highlighted projects demonstrate the diverse applications and significant advancements within the AI and big data sector, underscoring the ongoing innovations and their potential to reshape the cryptocurrency landscape.

DK

David Kim

COINOTAG author

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