Is $20 On The Cards? LINK Price Rides High With Chainlink Staking v0.2 Rollout
Chainlink has introduced an upgrade to its staking capabilities called Staking v0.2, which adds an extra layer of security and is a main component of their Economic 2.0 strategy. The current stakeholders can expect the protocol migration to take nine days and for now, cannot transfer their staked LINK or related rewards to version 0.2. Chainlink (LINK) has shown significant growth this quarter and with the new staking platform in place, more increases are expected. The platform, which provides stakers with more flexibility, has enhanced security guarantees and a modular architecture. Over the last 11 months, Chainlink's staking pool has grown 96% to 45 million LINK. As LINK's value rises, the anticipation is building about the potential of reaching the $20 mark.
