Famous Cryptocurrency exchange, Robinhood has listed the Chainlink (LINK) on its platform. Recently, the exchange added support for popular tokens such as Shiba Inu (SHIB), Solana (SOL), and Polygon (MATIC).

Chainlink Price Up 5%

Robinhood took to his Twitter to announce the offer† Meanwhile, the price of Chainlink increased by about 5%. The LINK price is trading at $7.01 at press time. Token’s 24-hour trading volume is up about 50% to $605 million.

Chainlink is the 22nd largest cryptocurrency with a market cap of over $3.2 billion. This last entry could be a big boost for the future of the token. LINK is one of the few tokens to have survived the recent market collapse. It has fallen by only 4% in the past 30 days.

Earlier, Chainlink announced that PancakeSwap has integrated Chainlink keepers into the BNB chain. This will help the users to safely automate their CAKE/USD prediction market. It added that previously the Chainlink price feed was integrated to help secure the prediction market.

Meanwhile, last week there were 15 integrations of 5 different Chainlink services, and that too across 5 different chains. The list includes major chains such as Ethereum, BNB chain, Avalanche, Moonbeam, and Polygon. It aims to provide Web3 developers with the tools to build hybrid smart contracts.

FTX to buy Robinhood?

However, it is reported that FTX, founded by Sam Bankman-Fried, is looking to acquire Robinhood. The exchange is having an internal discussion about this. However, such a decision has not yet been announced.

The FTX has yet to approach Robinhood with the squeeze-out offer. Meanwhile, Robinhood’s stock price is up more than 25% in the past 5 days. It is trading at an average price of $9.03. However, the stock has fallen 76% since it went public.

In an interview, Bankman Fried said that they are happy to partner with the Crypto exchange. However, it is not actively discussed.

Ashish believes in decentralization and has a keen interest in evolving Blockchain technology, the cryptocurrency ecosystem and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he’s not writing, he plays video games, watches a thriller, or works out outside. Reach me at [email protected]

The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication is not responsible for your personal financial loss.





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