



As of late, Chainlink has been getting a lot of attention, though much later than it's supporters would have expected.

According to the website ethgasstation.info, an open source project that "aims to increase the transparency of gas prices, transaction confirmation times, and miner policies on the Ethereum network." $link has been capturing a great deal of investment.

However, While Chainlink does take the 2nd spot, it will likely soon usurp tether amid lawsuit fears coupled with increasing adoption..and that's not all of $link's transaction costs.

2nd place goes to the $link token contract, plus ethereum/usd, and in 6th is the bitcoin/usd reference contract.

This is a surprising amount being spent on gas, when one takes into consideration the fact that smart contracts have not largely been implemented yet. Consider for a moment, the implications of bigquery in the long term.

That's not all though, Chainlink's team recognizes the high gas prices associated with these networks. Thomas Hodges, Integration Engineer for Chainlink, in a recent interview said that the team is developing a prepaid aggregation contracts that will reduce the costs of operating nodes through what is called the "fulfillOracleRequest" method of oracle contracts, so it is not quite as simple and straightforward as the technically un-inclined would hope it to be for the sake of price prediction; nevertheless, the amount of gas fees being spent on chainlink, and it being second only to something intended to represent digital fiat, appears to be quite bullish at this stage.

As always, your linky stays stinky, no matter the price.