How Chainlink’s Automation 2.0 and CCIP Could Spark the Next LINK Rally

“Chainlink is back in the limelight after a long layoff where many people just forgot about it entirely,” said Altcoin Buzz in a recent video analysis titled ‘Why CHAINLINK Will Outperform MATIC, POLKADOT and SOLANA!?.’ Chainlink remains the undisputed leader in blockchain oracles, which are a critical component of Web3 infrastructure. After a period out of the spotlight, Chainlink is gaining renewed attention.

Automation 2.0 Enables Decentralized Smart Contract Automation

Chainlink’s new Automation 2.0 technology allows developers to automate smart contract functions in a decentralized way. “Automation 2.0 is also a big deal and with Chainlink’s automation 2.0 developers can automate smart contract functions in a decentralized way,” noted Altcoin Buzz. This innovation provides additional utility to Chainlink oracles.


CCIP Enables Seamless Cross-Chain Connectivity

Additionally, Chainlink recently launched the Cross-Chain Interoperability Protocol (CCIP), enabling easy connectivity between dApps across different blockchains. “CCIP this is Chainlink’s cross chain interoperability protocol which is a big deal because it allows for the easy building and connecting of daps across multiple chains,” said Altcoin Buzz. This further cements Chainlink’s role as a critical Web3 infrastructure provider.

With developments like Automation 2.0 and CCIP, on top of its leadership in oracles, Chainlink appears well-positioned for the future as a foundational Web3 project. The technical analysis and fundamentals both look favorable according to Altcoin Buzz.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.