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Jakarta, Pintu News – Monad, a Layer-1 blockchain platform designed for high performance and compatible with the Ethereum Virtual Machine (EVM), recently announced its partnership with Chainlink (LINK) through the Chainlink SCALE program.
The partnership aims to integrate oracle Chainlink services into the Monad testnet, which includes data feeds, data flows, and CCIP cross-chain protocols.
As such, developers building on top of Monad will gain access to more accurate and reliable market data.
This latest partnership between Monad and Chainlink will allow Monad to utilize a wide range of services offered by Chainlink, including immutable data feeds and market insights. This is particularly important for financial applications on the blockchain, where data stability and security are top priorities.
Read also: Ledger Partners with Pudgy Penguins to Bring Crypto Security to Popular Culture!
With more stable and reliable data, user confidence can increase, paving the way for wider adoption. In addition, Chainlink Data Streams offer data delivery at low cost and reduced latency.
For DeFi projects that require speed and efficiency, this solution could be the answer they are looking for. The CCIP protocol is also interesting because it allows cross-chain token transfers with specific instructions on the destination blockchain, such as sending money while notifying the use of those funds directly.
Chainlink continues to show significant growth in the market. In the last month, more than $120 million in LINK tokens have been withdrawn from exchanges, likely by large accumulating investors.
In addition, Chainlink has also started communicating with regulators. Recently, the Chainlink Labs team has had discussions with the SEC to discuss token classification and project transparency.
Sergey Nazarov, CEO of Chainlink, even explained how blockchain can help with asset management. Meanwhile, LINK’s adoption in the mainstream market is also growing.
PayPal recently added Chainlink (LINK) and Solana (SOL) to the list of supported cryptocurrencies on its platform, allowing PayPal users to buy, store and sell LINK directly.
Read also: 3 Cryptos on the SUI Network that Traders Are Keeping an Eye on
For those interested in Chainlink’s long-term plans, save the date: SmartCon will return to New York on November 4-5, 2025. The event will be held at the Metropolitan Pavilion and is expected to be a major event for Web3 and DeFi players from around the world.
As of April 23, 2025, LINK was briefly trading around $14.61, up 11.83% in the last 24 hours, pushing its market capitalization past the $9 billion mark.
Overall, the partnership between Monad and Chainlink marks an important step in the evolution of the blockchain ecosystem.
By combining the technological strengths of both platforms, they not only improve reliability and efficiency in blockchain application development, but also open up new opportunities in the wider adoption of blockchain technology.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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