Despite Chainlink adoption, a crucial LINK metric is reaching “dangerous” levels

Of all leading cryptocurrencies, Chainlink (LINK) has seen some of the strongest adoption-related news over recent weeks.  Multiple reports have been released about the project’s oracles — its flagship product — being integrated by prominent firms and blockchains in the industry.
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Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14%

The recent infatuation for most in the cryptocurrency market is with DeFi tokens and staking, with the sectors seeing strong growth in both technology and price values since the past month.
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VC argues DeFi isn’t a bubble as Chainlink, Compound and more go parabolic

If you’ve followed the crypto market over the past months, you’ve likely noticed what many others have: a majority of the best-performing altcoins are based on decentralized finance (DeFi).
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Compound users now supplying over $1 billion in ETH assets; COMP a top-25 altcoin

Compound’s meteoric rise in the crypto-space is coupled with the rise of DeFi tokens and retail traders chasing the next “moonshot.” COMP, Compound’s native token, rose over 600 percent from a listing price of $61 to over $350 on June 21, before steadily falling to its current $195 level.
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