Core Viewpoint - Chainlink (CRYPTO: LINK) experienced a significant decline of 17.1% in value over the past week, making it one of the worst-performing large-cap cryptocurrencies [1] Group 1: Chainlink's Role and Recent Developments - Chainlink serves as a leading infrastructure player for developers creating crypto applications that require off-chain data, such as price feeds, to be integrated into the blockchain [2] - The launch of Chainlink's "24/5 U.S. Equity Streams" solution aims to enhance data streams for DeFi protocols, facilitating real-time trading and promoting integration between traditional finance and DeFi [6][8] Group 2: Market Conditions and Impact - A broad market decline affected Chainlink, as speculative capital shifted towards low-correlation assets like precious metals, leading to a downturn in higher-risk equities and digital assets [7] - Despite the negative market conditions, Chainlink's launch of the 24/5 U.S. Equity Streams solidifies its position as a leading oracle network, supporting the ongoing integration between traditional finance and DeFi [8]

COMMENT: The oracle network commands over 67% of the entire oracle market, securing more than 83% of Ethereum’s value — and nearly 100% on Base.BSCN (@BSCNews):CHAINLINK SECURES RECORD $93B+ IN DEFI VALUE- @Chainlink’s Total Value Secured has hit a record high, surpassing $93.5B across 452 protocols.- The oracle network now powers more than 67% of the total oracle market and secures over 83% of the value on Ethereum. On Base, that https://t.co/xbUdCYqMf7 ...