- A leading oracle network, Chainlink connects smart contracts with real-world data for reliable solutions.
- SUI reached an all-time high, with a 420% increase and strong investor confidence.
- NEAR boasts 3 million daily users, driven by AI integrations and growing dApp activity.
As the world shifts to a data-focused society, blockchain technology requires effective methods to integrate real-world information. Chainlink, Sui and Near Protocol emerge as three promising altcoins.
These 3 Blockchains connect critical real-world data to blockchain applications. With their unique strengths, these projects could potentially lead to significant returns for investors.
Chainlink (LINK)
Source: Trading View
Chainlink is a key player in the decentralized oracle realm, offering vital infrastructure for the blockchain ecosystem. This innovative network links smart contracts with real-world data. By employing decentralized oracles, Chainlink significantly enhances the reliability and functionality of smart contracts—crucial for applications in finance, insurance and beyond.
One standout feature of Chainlink is its capacity to aggregate data from various sources. As more industries pursue adoption of blockchain technology, the demand for reliable data connections will, however, only intensify. Chainlink is therefore well-positioned to address this growing need.
Sui (SUI)
Source: Trading View
Sui Blockchain recently achieved an unprecedented high of $2.35. Despite rumors about insider trading—entailing $400 million in SUI tokens—confidence among investors is high. SUI now boasts a market cap exceeding $5.9 billion, while its total value locked (TVL) surpasses $1 billion.
This extraordinary growth of 420% this year highlights SUI’s potential. After establishing support around the $2 mark, SUI’s price action has resulted in a 35.5% increase over the past month; however, the market remains volatile.
Read CRYPTONEWSLAND on
google news
NEAR Protocol (NEAR)
Source: Trading View
Rapid user growth, fueled by AI integrations makes Near Protocol appealing. As of writing, NEAR has 3 million daily active users—surpassing competitors like Tron and Solana.
The rising use of AI-powered decentralized applications has drawn significant interest; DappRadar reports a 70% surge in dApp activity during Q3 2024. NEAR’s price recently consolidated around $5, rising 6.57% to $5.0473. If support above $5 holds, a breakout could be on horizon.
LINK, SUI and NEAR offer lucrative investment opportunities; however, as blockchain technology advances, these altcoins are positioned to thrive in upcoming bull market. Keeping an eye on these projects could lead to significant gains, because this could be the moment investors have been waiting for.
Crypto News Land, also abbreviated as “CNL”, is an independent media entity – we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
