Oracle tokens turn bullish as blockchain projects focus on interoperability By Cointelegraph




2022 looks to be a transformative year for the cryptocurrency ecosystem as the focus on interoperability between siloed blockchain networks comes to the forefront and a multitude of projects announce plans to interconnect their platforms with other protocols.

One sector of the crypto ecosystem that will play a vital role in ensuring smooth communication and interaction between networks is oracles projects like Chainlink (LINK) and Band Protocol (BAND).

Top 8 oracle projects by market capitalization. Source: Messari
The number of partners for the top oracle projects. Source: Twitter (NYSE:)
VORTECS™ Score (green) vs. LINK price. Source: Cointelegraph Markets Pro
VORTECS™ Score (green) vs. BAND price. Source: Cointelegraph Markets Pro