According to CoinMarketCap data, the total market value of the decentralized oracle network Chainlink (LINK) exceeds 3 billion US dollars, currently ranking eighth. Chainlink’s 24-hour trading volume on the cryptocurrency exchange Coinbase exceeded US$1.3 billion, an increase of nearly 16%, and it rose by more than 50% in the past week. Larry Cermak, research director of The Block, tweeted that the transaction volume of LINK on Coinbase exceeded BTC in the past four days. In general, LINK’s transaction volume only accounts for 5% of Bitcoin’s total transaction volume. According to previous reports from Chain News, Messari data shows that Chainlink (LINK)’s 24-hour real volume (Real Volume) once reached 466 million US dollars, far exceeding Ethereum (300 million US dollars).