Chainlink has announced the roll-out of its data streams for U.S. equities and ETFs, a move that has led to a price rebound of 4% for LINK. This initiative aims to provide reliable real-time market data, integral for smart contracts and decentralized applications. The data streams will help in enhancing the accuracy and efficiency of trades, particularly in the decentralized finance (DeFi) sector. With the growing interest in using blockchain for financial applications, Chainlink's development is timely amid the increasing reliance on real-time data feeds within smart contracts. This comes as the market sees an uptick in the use of crypto for investments in traditional assets, indicating a blurring line between crypto and traditional finance. Market analysts suggest that the linkage of cryptocurrencies with U.S. equities could signal a significant evolution in how digital assets are utilized. Overall, this strategic move by Chainlink is positioned to elevate the functionalities of smart contracts, further integrating blockchain technology into mainstream financial systems.

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