• LINK was down by more than 4% in the last seven days.
• Selling pressure on Chainlink was high, but a few indicators looked bullish.  

Like most cryptos, Chainlink’s [LINK] price chart remained red, thanks to the bearish market condition. However, Chainlink has launched a new update for its staking ecosystem, which has the potential to help LINK investors enjoy profits. 

Realistic or not, here’s LINK market cap in BTC‘s terms    

Chainlink launched Staking v0.2

After the launch of Chanlink staking v0.1 back in December last year, the blockchain has now revealed the next update, v0.2. The first version consisted of a 25 million LINK staking pool. With the new release, the staking pool has been increased to 45 million LINK. 

V0.2 has been rearchitected into a fully modular, extensionable, and upgradable staking platform.

The next version of #Chainlink Staking (v0.2) is on track to launch later this year.

Learn more about how v0.2 introduces greater staker flexibility, improved security guarantees for oracle services, a modular architecture for iterative upgrades, & more.https://t.co/4SodK1iuv1

— Chainlink (@chainlink) August 25, 2023

The update would not only provide

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Author: Dipayan Mitra

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