Chainlink was the most traded cryptocurrency on Coinbase Pro on August 9, according to data by on-chain firm Messari.
Over the weekend, LINK volumes dominated those of Bitcoin on Coinbase, the US crypto exchange.
The move marked a first such instance while indicating a rising retail presence for Chainlink.
That said, LINK's 24-hour aggregate global volume remained at $3.13 billion, or just 17 percent of Bitcoin's global overall volume of $17.53 billion in a comparable period.
In August 2020 alone, LINK has gained over 68 percent for investors, compared to Bitcoin's 25 percent.
LINK investors gained 700 percent from January 1 to today, compared to Bitcoin's 61 percent overall rise.
Data from on-chain IntoTheBlock shows over 184,330 LINK addresses are in profit.
Chainlink's rise comes on the back of strong fundamentals, partnerships, and widespread adoption.
Earlier this year, Chainlink was picked by the World Economic Forum as one of the top-50 tech pioneers in 2020, an event featuring market disruptors in the fields of AI, ML, biotech, and blockchain.
Chainlink's arguably the complete package: a loyal community, deployable tech, international recognition, and strong meme marketing.
Chainlink trading volume briefly surpassed Bitcoin on Coinbase
Published on Aug 10, 2020
by Cryptoslate | Published on Coinage
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