24/7 Cryptocurrency News

Chainlink (LINK) To Pivot The AI Token Way?: Developers Hint

Chainlink could transform itself to be an AI token with integration for fraud detection and other purposes, developers hint.
Published by
Chainlink (LINK) To Pivot The AI Token Way?: Developers Hint

Chainlink News: Developers of Ethereum based blockchain network Chainlink appear to be in the race to associate the project with AI integration. In the wake of ChatGPT’s instant adoption in recent times and the huge interest in AI tokens in the crypto space, there is a hunt for a mix of blockchain and AI. Traders continue to place their bets on some of the emerging AI tokens in the crypto space, even as the ChatGPT Vs Google Bard war is on. Meanwhile, existing cryptocurrencies are in no mood to let go of the opportunity to cash in on the AI mania.

Also Read: U.S. Voters Can Now Donate In Crypto To Politicians; However Conditions Apply

Advertisement

Chainlink Developers Begin AI Integration Efforts

Chainlink founder Sergey Nazarov revealed the team’s plans to integrate the various AI based use cases for the blockchain. Primarily, Chainlink is a solution that enables universally connected smart contracts, meaning it allows off-chain interaction in the world of Decentralized finance (DeFi). Among the proposals is to initiate an AI-based fraud detection for cross-chain operations. Overall, the objective is to eventually find ways to build AI based learning.

Also Read: This AI Token Is Ready To Enter Top 100 Cryptos; Time To Buy?

Hence, a reasonable use of AI will give Chainlink a makeover of an AI token. In popular perception, AI tokens are those cryptocurrencies that utilize artificial intelligence to improve core qualities like scalability and security.

With a market cap of $3.51 billion, the cryptocurrency is ranked 21 based on current market capitalization. As of writing, LINK price stands at $6.91, up 2.49% in the last 24 hours, according to CoinGape price tracker.

Advertisement

Share
Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Bitcoin News

99.3% of Bitcoin Supply in Profit, Analyst Warns of Short-Term Correction

Bitcoin (BTC) is in profit on almost all of its supply, leading to discussion by…

October 5, 2025
  • 24/7 Cryptocurrency News

Pro-Crypto Mike Selig Emerges As CFTC Chair Frontrunner, Gains Ripple CLO’s Endorsement

Pro-crypto Mike Selig is reportedly the frontrunner to become the next chair of the U.S.…

October 4, 2025
  • 24/7 Cryptocurrency News

‘Every Crypto ETF You Can Imagine’: Expert Predicts Flurry of Filings After REX-Osprey’s 21 Applications

Nate Geraci, president of Novadius Wealth Management, has predicted that several crypto ETF filings could…

October 4, 2025
  • Bitcoin News

Robinhood Lists Strategy’s Bitcoin-Backed Stocks, Boosting Saylor’s BTC Credit Model

Bitcoin-backed stocks of Strategy can now be accessed on Robinhood. This represents a significant move…

October 4, 2025
  • Bitcoin News

Bitcoin ETFs See 2025 Record Weekly Inflows of $3.2B as BTC Eyes New ATH

The Bitcoin ETFs have seen a huge turnaround this week, recording their largest weekly inflows…

October 4, 2025
  • 24/7 Cryptocurrency News

Expert Predicts SHIB Rally as Shiba Inu Restores Shibarium After $4M Hack Shutdown

Shiba Inu’s Layer 2 network, Shibarium, has returned online following a $4 million exploit that…

October 4, 2025