Chainlink (LINK) Surges 100% Since September as the Heavy Hitters Back Its Technology

Chainlink, a decentralized oracle system, is making significant strides to push the adoption of its technology. The firm recently announced a number of partnerships that show the intrinsic value behind its native cryptocurrency, LINK.

Over the last few days, this cryptocurrency surged over 20% and now several technical indicators estimate a retracement before the continuation of the bullish trend.

OpenLaw is an open-source protocol for commercial relationships. The firm is currently building a decentralized peer-to-peer protocol for creating legal agreements. On Aug. 14, 2018, OpenLaw teamed up with Chainlink to make its existing smart legal contracts simpler and more intuitive.

Reference: https://www.ccn.com/chainlink-up-100-since-september/

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