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Best Blockchain Courses for Blockchain Development

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Best Blockchain Courses for Blockchain Development

Want to become a Blockchain Developer but don’t know how to get started? Well, we have got you covered. This article enlists the best Blockchain courses for Blockchain development and guides how to become one.

Table of Contents 

  • Why Learn Blockchain Development 
  • Top In-Demand Blockchain Certification Courses
  • Concluding Lines: How to Learn Blockchain Development

Why Learn Blockchain Development

Since its introduction in 2008, Blockchain has continued to gain a reputation and has become increasingly useful in a lot of sectors. Along with having its application in cryptocurrency, technology is also proving to be useful in almost all sectors such as governance, supply chain, healthcare, cybersecurity, logistics, and many others.

If you are wondering why you should learn this emerging technology, here is a list of compelling reasons.

The top-most reason for learning this technology is that there is a high demand for Blockchain Professionals.  If you think you have the right skill sets to work in this space, you might be able to swim in the sea of high packages jobs. 

The other reason is that it is a cutting-edge technology that has the potential to revamp almost all sectors, including finance, supply chain, retail, eCommerce, and others.

Multiple career options and high ranking salaries are other crucial reasons why you should learn development in this space. It has been found that the salaries of professionals and experts are comparatively high due to their extreme shortage.

Top In-Demand Certification Courses

  • Certified Blockchain Developer

A Certified Blockchain Developer(CBD) is a professional who understands this technology profoundly and can build Blockchain-based applications. CBD is exhaustive training, an exam-based program aiming to impart in-depth practical knowledge in this space. A developer specializes in creating and implementing technical solutions with Blockchain Technology.

The course helps in building your own Blockchain with acquired knowledge, helps you learn Solidity language & multiple technology-based developments, and grasp the in-depth understanding of this technology, smart contracts & how it works, and much more.

  • Certified Hyperledger Developer

The Certified Hyperledger Developer Training is excellently designed and carefully curated by experts to render a profound understanding of Hyperledger Fabric and Composer. This certification equips individuals with the essential knowledge and expertise to work as a Hyperledger Developer. The training covers the introduction to Hyperledger Fabric, concepts and fundamentals of the fabric architecture, how to design the framework of Hyperledger Composer, and its application lifecycle management, and much more. The course helps you build your Private-Permissioned Blockchain businesses with acquired knowledge.

  • Certified Corda Developer

A Certified Corda Developer is one who possesses immense skill and knowledge in helping enterprises build interoperable Blockchain networks, thereby providing the luxury of carrying out business transactions over a private and secure network. 

The course covers the fundamentals and requirements of Corda, how to craft a Corda network, and you will learn all about the tools, plugins, and languages that are a prerequisite for crafting a Corda node and network. Moreover, you will get in-depth knowledge of structuring, creating, building, debugging, and signing of a CorDapp.

  • Certified Quorum Developer

Certified Quorum Developer certification is designed to render knowledge on Quorum from very basics to advanced level. The certification covers topics such as Quorum ecosystem, Quorum Network, Quorum Transaction processing, and privacy, Quorum Contracts, Quorum consensus, Setting up a quorum environment, and more.

Quorum development is a highly sought after skill as Quorum addresses specific challenges to Blockchain technology adoption within the financial industry. The certification course helps you prove your skills as a Quorum Developer and enhance your knowledge of Quorum, thus helping individuals in beginning a rewarding career as a Quorum Developer.

  • Certified Solidity Developer

    A Solidity Developer is one who uses the object-oriented Solidity language to build and deploy smart contracts on ethereum based applications. It is an exclusive exam-based certification, developed with the aim to offer a comprehensive knowledge of smart contract development through solidity.

A Solidity Developer is one who uses the object-oriented Solidity language to build and deploy smart contracts on ethereum based applications. 

Certified Solidity Developer Certification is an exclusive exam-based certification, developed with the aim to offer a comprehensive knowledge of smart contract development through solidity. Earning this certification will entitle you to become a smart contract developer, which is an extremely in-demand skill in the international job market.

  • Certified Smart Contract Developer 

A Certified Smart Contract Developer is a skilled professional who understands and knows deeply what Smart Contracts is and how to create them wisely over any Blockchain platform by programming it over Solidity. This certification offers exhaustive training & an exam-based program that aims to provide proof-of-knowledge of the certificate holder in the development phases of Smart Contract creation. This certification will work as a bridge between resources & businesses (employees, consultants & advisors) to give enterprises confidence in the quick hire.

Concluding Lines: How to Learn Blockchain Development

Learning in this space has been made easy. All thanks to tutorials and online platforms. There are various ways to learn this technology like you can enroll in Blockchain Council and become a Certified Blockchain Developer.  

Backed by the extensive practical-based sessions, Blockchain Council offers online training and certifications to aspiring trainees to render the desired competence to have a successful career in this space. This online platform  offers the most in-demand certification, specifically in the crypto and Blockchain field. Attending webinars and joining Blockchain communities can also prove to be helpful.

If you want to get started with Blockchain, get started today!

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council. 

Best Blockchain Courses for Blockchain Development

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Waves, Celo, and Injective Protocol (INJ) breakout as DeFi reawakens

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Bitcoin (BTC) extended its relief rally on Tuesday and reclaimed a market capitalization above $1 trillion.

While many traders panicked during Bitcoin’s recent fall below $47,000, fund manager Dan Tapiero said that he spotted a rare TD sequential buy signal during the low. The last time this signal was seen was in March 2020 when Bitcoin price traded near $3,600. Tapiero believes Bitcoin remains on target to reach $100,000 this year.

However, even after the recent rise above $55,000, Bitcoin’s market dominance continues to lag at 49.5%, according to CoinMarketCap data. This shows that crypto investors are focusing on altcoins, with several hitting new all-time highs.

Crypto market data daily view. Source: Coin360

The altcoin season is not entirely driven by retail investors. A recent report by crypto investment advisory firm Two Prime Digital Assets highlights that the eightyfold growth in Ether (ETH) options open interest, from $50 million to $4 billion in a year, points toward hedging by institutional money managers to protect their “net long portfolios against outsized volatility events.” Even the Ether futures market has increased by 20, cementing the involvement of institutional investors.

Keeping the focus on altcoins, let’s study the fundamentals and technicals of three tokens that have done well in the past few days.

WAVES/USDT

Many crypto enthusiasts are interested in investing in digital assets, but they do not have the required trading experience. Therefore, they miss several opportunities or end up leaving money on the table. Others work full time and, therefore, cannot devote time to trading. For such investors, a well-devised algorithmic trading product could be suitable, but it comes with its own risk.

Waves launched a new algorithmic trading investment product called “Lambo Investments” on April 15. The protocol’s exchange platform announced it would give away a Lamborghini Huracan to a random investor in the product, which could have lured traders.

Along with decentralized finance (DeFi) and algorithmic trading, Waves has also made a splash in the nonfungible tokens (NFTs) sector. While the overall NFT craze has subsided, select investors continue to focus on them. The first Waves Duck NFT, called “Perfection,” was sold for 1 million Neutrino USD (USDN) — an algorithmic stablecoin pegged to the U.S. dollar and collateralized by the native Waves token, WAVES — on Sign Art on April 12.

To further boost growth, Waves founder and CEO Sasha Ivanov recently laid out ambitious plans to reach $10 billion in total value locked by October and average 10 million daily transactions by February 2022. Traders are likely to keep a close watch on the developments, which could decide the level of investors’ interest in the project.

WAVES rallied from an intraday low of $11.09 on April 23 to an all-time high of $21.09 on April 27, a 90% gain in five days. However, the long wick on April 27’s candlestick suggests profit-booking at higher levels.

WAVES/USDT daily chart. Source: TradingView

The WAVES/USDT pair could give back some of its gains and drop to the $16–$17 zone. If the bulls can flip this zone into support, it will suggest that sentiment remains positive and traders are accumulating on dips.

The 20-day exponential moving average (EMA) of $14.64 has started to rise, and the relative strength index (RSI) is in the positive zone, indicating the path of least resistance is to the upside.

A strong bounce off the support zone could result in a retest of $21.09. If buyers can drive the price above this resistance, the pair could resume its uptrend and reach $25.

This bullish view will be invalidated if the bears sink the price below the 20-day EMA. Such a move could pull the price down to the 50-day simple moving average (SMA) of $12.65.

INJ/USDT

Injective Protocol recently announced that it secured $10 million in funding from several investors, including Pantera Capital and billionaire Mark Cuban, for its DeFi protocol, which is alleged to have the best of both centralized and decentralized exchanges. Injective’s aim is to build a decentralized competitor to Robinhood.

On the development front, the protocol announced on April 15 that it had achieved “Trezor support for the EIP-712 signature standard,” which will allow Trezor users to access Ethereum-based applications.

Injective has been partnering with several blockchains to improve the experience for its users. Thus far in April, it has announced collaborations with API3, Harmony, Staked, Litentry, Persistence, Big Data Protocol and Klaytn.

Additionally, periodic token drops in Equinox Staking may have been an added attraction to the investors.

Injective’s native token, INJ, rose from $10.91 on April 20 to an all-time high at $21.55 on April 22, recording a 97% increase in three days. The bulls could not sustain even higher levels on April 20, as seen from the long wick on the candlestick.

INJ/USDT daily chart. Source: TradingView

This encouraged the bears, who tried to trap the bulls and start a correction. However, the buyers purchased the dip to the 50-day SMA ($13.40) on April 23 and defended the 20-day EMA ($15.26) on April 23. This suggests that the sentiment remains positive and the bulls are accumulating on dips.

The buying momentum picked up on April 26, and the bulls cleared the first hurdle at $18.15. If the bulls can sustain the price above $18.15, the INJ/USDT pair could rise to $21.55. A break above this resistance could start the next leg of an up-move that may reach $26.44.

Contrary to this assumption, if the bears pull the price below $18.15, a drop to the 20-day EMA is likely. A break below this support would signal that the momentum has weakened, and the pair may drop to the 50-day SMA.

CELO/USDT

CELO was previously featured on Cointelegraph on Jan. 26 when its price was $3.24. From there, the token rallied to an all-time high of $7.23 on April 21, a 123% rally in just under three months.

Celo announced on April 20 that Deutsche Telekom made a “significant purchase” of CELO tokens through its strategic investment fund, Telekom Innovation Pool. Although the size of the investment was not disclosed, it is likely to be a major sentiment booster for the token.

A new gas-efficient bridging standard dubbed “Optics,” connecting Celo to Ethereum, was announced on April 21. This is the first step toward building an open, connected blockchain ecosystem, which eventually will include Cosmos, Polkadot and others.

The payments platform announced the launch of the stablecoin Celo Euro (cEUR) on the mainnet on April 22. This is the second stablecoin, after Celo Dollar (cUSD) — which was launched on Celo in June 2020. This increases the user base for Celo users who want to send or receive money from relatives and friends.

CELO has been consolidating between $3.50 and $5.76 for the past few days. The bears pushed the price below the support of the range on March 25, but the bulls reclaimed the level on March 26, indicating buying at lower levels.

CELO/USDT daily chart. Source: TradingView

The sharp rally on April 20 and 21 propelled the price above the overhead resistance of the range, but the bulls have not been able to consolidate their advantage. The bears pulled the price back into the range on April 22.

Although the CELO/USDT pair broke below the 20-day EMA ($5.01) on April 23, the bulls purchased the dip to the 50-day SMA ($4.39). The buying momentum picked up again, and the bulls cleared the $5.76 hurdle on April 25 but could not sustain the breakout.

The Doji candlestick pattern on April 26 and the inside day candlestick pattern on April 27 suggest uncertainty among the bulls and the bears. If the bulls sustain the price above $5.76, a retest of $7.23 may be in the cards. A breakout of this resistance could result in a rally to $8.02.

Conversely, if the bears sink the price below the 20-day EMA, it will suggest that the pair could remain range-bound for a few more days.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, and you should conduct your own research when making a decision.

Waves, Celo, and Injective Protocol (INJ) breakout as DeFi reawakens

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PayPal CEO Speculates Its Crypto Commerce Will Reach $200M In Months

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Bitcoin’s price is reaching brand new all-time highs, and major corporations that already boast existing crypto offerings are starting to make grander plans for the future of their crypto space.

Talking About How Today’s Financial System Needs Updating

Dan Schulman stands as the CEO of PayPal and has recently hinted that PayPal’s crypto offering will see future developments. This was done  at Forbes’ online event that occurred on the 13th of April, 2021, dubbed the “2021 Blockchain 50 Symposium: Crypto Goes Corporate”

In this event, Schulman held a fireside chat with the associate editor of Forbes, one Michael Del Castillo. In this chat, Schulman promised that the financial system will see more changes within the next five years than it had seen within the past 30 years, making note that cryptocurrencies like Bitcoin will stand as the trailblazers in this new innovation. Schulman further speculated that credit card and cash transactions will be severely reduced within the next five to ten years, as well.

Crypto Possible Financial Solution For The World

In his statement, he asserted that the era of digital currencies is looming ever closer, hammering home the tremendous potential that these digital currencies hold. He stated that digital currencies will increase the utility of payments, be it cryptocurrency or central bank digital currency (CBDC), reducing the expenses and increasing the inclusion of the world’s financial system.

Schulman is convinced that today’s society’s largest challenges stem from the fact that the financial systems of this day and age exclude millions of people from it across the globe. Schulman stated that this was particularly apparent within the US, as millions of underbanked or even unbanked US citizens need to wait for a long time in order to get the latest round of stimulus checks through the mail. However, the Americans that already boast a bank account had instantly received these deposits.

Promises From PayPal To Improve The System

With this as an example, Schulman hammered home the overall inefficiencies of the financial system of today, noting the amount of time it takes to receive money, in particular. This becomes an even more challenging facet of life when you looking at low-income individuals that need the money as quickly as they can get it.

Schulman explained that the crypto offering of PayPal, which went live in November of 2021, will eventually allow users to do far more than just sell, buy and otherwise hold various cryptocurrencies. This comes in a bid to solve the issues mentioned above, as PayPal revealed back at the end of March that the platform will soon see its merchants accept crypto payments, as well.

PayPal CEO Speculates Its Crypto Commerce Will Reach $200M In Months

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PrimeXBT Lead Analyst Kim Chua: Lawsuit Upper Hand Sends XRP Price Rising

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The price of XRP has rallied sharply recently on the back of positive developments pertaining to the SEC lawsuit with Ripple.

The latest update on the Ripple lawsuit seems to be giving Ripple the upper hand. Thus far, US judges seem to agree with Ripple more than with the SEC. This became especially clear after the March 23 hearing where 2 significant events advantageous to Ripple sent investor confidence in XRP soaring.

First, the judge of the lawsuit, Sarah Netburn, was observed to have suggested that the XRP cryptocurrency is more like a currency than a security.

Secondly, observers also noted that the SEC, in one of its defences, unintentionally implied that exchanges that list and allow the trading of XRP would not violate any regulation. What happened was that on the March 23 hearing, the judge questioned the SEC lawyer that, based on his theory, “everyone who sold XRP – including you and me – are selling illegal securities”, after which the SEC lawyer responded, “no, under Section 4, only Ripple and affiliates of Ripple can have sold XRP illegally”, and that “everyone who sold XRP” was not selling “illegal securities”. The statements by the SEC lawyer can be interpreted that exchanges will not be held liable for the sale of XRP. Under Section 4 of the Securities Act, only Ripple and its affiliates could be accused of illegal sales. This was a case-turner for the price of XRP since it would mean that exchanges may start relisting it again.

Positive price action began building momentum during this time, where social media attention on XRP soared. The number of XRP-related posts on different social media networks skyrocketed, with over 80% of all the social interactions bullish about XRP, out of which a campaign called “RelistXRP” was initiated and trending on Twitter in the USA.

This positive social engagement has led many large investors to add more XRP to their portfolios. According to on-chain data, large whales with more than 10 million XRP tokens have started increasing by significantly since March 24, just 1 day after news broke.

A crypto exchange named Lykke, based out of Switzerland, has thus decided to re-list XRP. Subsequently, a rumour emerged on April 3 that Coinbase was going to relist XRP. The rumour mill began to churn when a Twitter user going by the name Krish xrp hinted that Coinbase could be readying to relist XRP. Krish xrp noted that backend work was already underway at Coinbase, while attaching a screenshot of Coinbase back-office API with XRP coding on it.

While there has not been any confirmation from Coinbase yet, this rumour sparked an explosion in XRP price, with it surging from pre-rumour level of around $0.60, to a high of $1.12, its highest level in 3 years, within the first 48 hours.

On top of this, on the discovery hearing on April 6, Ripple received another shot in the arm when the court approved Ripple’s request to gain access to SEC Documents on BTC and ETH, something that will be very helpful to Ripple for fighting its case.

Already, someone found something advantageous for Ripple and posted it on Twitter.

These developments caused investors to FOMO back into XRP, creating a mad rush to buy as many investors have already sold XRP when news of the lawsuit broke in December last year. Now that Ripple seems to have the upper hand, investors are back in droves hoping to purchase XRP before the ruling.

On the technical front, this rush to buy caused the price of XRP to over-extend and a undergo a healthy retracement between $0.90 and $1.00, which is a crucial support area for XRP to build a new base in order to support a move higher. The price of XRP also formed a “Golden Cross” mid-March, a sign that the price of XRP is going on a strong uptrend. Price subsequently broke out of a cup-and -handle bullish formation on the weekly chart, with the upthrust being confirmed by a triangle breakout on the daily chart with a price target of $1.50. With the initial price objective being already hit, price may consolidate a little since it has tripled in a week, however, the chart is still looking bullish for XRP and there is the possibly that price may swing up parabolically to test its ATH of $3.30. Where it goes after that however, may depend on the outcome of the lawsuit as well as sentiment in the broad crypto markets .

Meanwhile, there is additional information favouring XRP that seems to be overlooked by the market. On March 29, the court granted a group of XRP holders the right to file a motion to intervene in the case against Ripple by April 19. The holders blame the SEC for inflicting monetary losses on them when the XRP price plunged in December. As April 19 draws near, we could be in for exciting times when XRP investors gather to trounce the SEC, which will inevitably cause volatility in XRP’s price to rise again.

Another interesting event that is developing is a petition to drop the SEC lawsuit. Crypto & Policy founder, Thomas Hodge, has started a Change.org petition directed at the SEC chairman nominee, Gary Gensler, asking him to end the SEC’s lawsuit against Ripple once he’s confirmed as chairman of the commission. The petition alleges that former SEC chairman, Jay Clayton, and his SEC Director of Corporate Finance William Hinman, for “favouring” BTC and ETH while harming XRP.  While the petition may not necessarily raise the price, it definitely will be able to generate more awareness and hype in the XRP token.

With the rise in price, XRP has moved up to number 4 on the crypto top 10, just behind BNB. Progress in the lawsuit may further send XRP roaring back to the number 3 spot which it used to occupy, wiping the past few months away as just a small hiccup in the bigger scheme of things.

About Kim Chua, PrimeXBT Market Analyst:

Kim Chua is an institutional trading specialist with a track record of success that extends across leading banks including Deutsche Bank, China Merchants Bank, and more. Chua later launched a hedge fund that consistently achieved triple-digit returns for seven years. Chua is also an educator at heart who developed her own proprietary trading curriculum to pass her knowledge down to a new generation of analysts. Kim Chua actively follows both traditional and cryptocurrency markets closely and is eager to find future investment and trading opportunities as the two vastly different asset classes begin to converge.

PrimeXBT Lead Analyst Kim Chua: Lawsuit Upper Hand Sends XRP Price Rising

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Tokenomics From Myths to Reality

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Codezeros

Now that the world is transforming towards a more technologically enhanced environment, newer terms are occupying markets. Every day there is something new coming up and surprising us. The tech market has given us a brand-new term to ponder upon, Tokenomics!

So, what is it? Well, Tokenomics is widely defined as a system used for formatting pricing policy for tokens. Tokenomics is basically an amalgamation of two words: Token and Economics.

The driving concept of Tokenomics is none other than Blockchain and cryptocurrency development services. Here, we will have a look into how Tokenomics is becoming prevalent for tokenized transactions and what the challenges are waiting on its way.

codezeros.com

Tokens and Tokenomics:

Tokens are value units assigned by a specific organization and a part of an existing blockchain. Tokens can have value in the form of a certain service, ownership, or rights over any asset. The values are more of use cases than currency.

Tokens should also possess certain qualities to qualify as valid Tokens. The value assigned to a token must be scalable and be resilient to inflations. The basic Tokenomics is what helps a token to get funded, thus promoting a financially sustainable business model of tokenization blockchain service provider.

The future is digitized, and thus, improvising on the revenues in digital spaces can be richly aided with the involvement of Tokenomics. Digitization of assets is the very first step towards building a digitally stable and competent business system by virtue of tokenization security.

Why Tokenomics?

Tokenomics is fundamentally different from economics and has an important role to play in the growth of digitization. With the intervention of Blockchain and cryptocurrency, the security of transactions has increased manifolds, and it is strongly believed that the future is tokenized.

Let’s see some applications of Tokenomics.

Producer-Consumer Alignment:

Tokenized economies are helpful for consumers whose values are not aligned with big profit-centered enterprises. Bypassing such enterprises will bring you closer to token-based blockchain networks where consumers and producers join hands to meet each other’s specific needs and establish a healthy relationship.

Full Cost Accounting:

With the use of tokens, the prediction of both social and economic costs can be done effortlessly. This is a great benefit for multiple stakeholders, and thus, the involvement of Tokenomics is highly encouraged in such fields.

Investments:

Investors all around the globe are searching for opportunities that will let them analyze and look through the vulnerabilities and benefits of each investment made. This not only lets them build a reliable and robust model but also helps them to mobilize their business throughout the community. Token Development Services, along with Tokenomics, is an aid for the aforesaid plan and certainly is a factor that lets the business ecosystem grow to match the ongoing digitization standards.

Challenges about Tokenomics

Now there are four challenges that Tokenomics is facing while growing into a reliable business aid.

The first one is mental inertia. This is basically a stopping force that is raging among people who have never used such technologies in their business. Thus, fear and uncertainty creep in to form a rigid belief that may be; the outcome would not be as expected.

Tokenomics, being quite an infant technology, is still not preached globally, and many businesses resort to equip such newer technologies in their model. This is certainly because Tokenomics is either overly simplistic or cautious.

The next challenge about Tokenomics is associated with the inculcation of Artificial Intelligence. A lot of stakeholders believe that AI involvement might lead to False paths, and thus, the ultimate outcome will be that the business failed to reach where it headed to. The lost path might not be a good risk to take, and hence tokens are avoided by such businesses.

The third and one of the biggest challenges that token development services face is the existence of Government rules and restrictions. In many cases, these rules and regulations are contradicted by Tokenomics policies, and thus, they are unable to cross through the judicial barriers, to reach out to potential businesses.

The last Challenge to mention regarding Tokenomics is that people think differently about this new aspect of the digital business scheme. The dilemma to decide on whether to bring in Tokens or avail of cryptocurrency development services as part of a business is a confusing question, and the answer solely depends on one’s requirement.

How to overcome the challenges?

Now that these challenges are visible around, it is important to seek help from crypto security companies and systemize the entire process of bringing in Token services in a business.

  • Start with describing the expectations from the product of the project, along with customer characteristics. This will enable you to assign the value of each Token accurately.

Conclusion

The arrival of new technologies does face a bit of resistance in the first go, but with time and developments, the option available widens, and people start trusting the newcomer. Tokenomics has a long way to go, and it has already started the journey with little steps. Businesses that have equipped Tokenomics will serve as encouragement for others, and the growth will stabilize soon.

Tokenomics From Myths to Reality

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Return of the oracles: Band Protocol, API3 and DIA price soar to new highs

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Nonfungible tokens (NFTs) have been the talk of the town over the past few months, but as the start of the second quarter gets underway for the global financial markets, it possible that traders may start looking for opportunities in other parts of the crypto market.

Oracle projects are one sub-sector that has been making moves over the past few weeks as some traders shift their focus away from NFTs.

BAND/USDT vs. API3/USDT vs. DIA/USDT 1-day chart. Source: TradingView

As shown above, Band Protocol (BAND), API3 and DIA are three oracle projects that have entered sharp rallies over the past week.

BAND/USDT

Band Protocol is a cross-chain data oracle platform that operates on the Cosmos (ATOM) network. The protocol aggregates real-world data and APIs and supplies the data to on-chain applications and smart contracts in order to facilitate the exchange of information between on-chain and off-chain data sources.

Between Jan. 1 and Feb. 13 BAND price surged by nearly 300% then in March the token traded in a sideways range between $11 and $15.30.

BAND/USDT 4-hour chart. Source: TradingView

Activity for protocol began to pick back up on March 26 after it was revealed that the team was instrumental in bringing VeChain (VET) to Linear Finance (LINA). The developers also announced that they would continue to assist in bringing new assets to the LINA ecosystem.

The subsequent revelation that BAND had partnered with SCB 10X, one of the biggest financial institutions in Thailand, brought further momentum to the token and pushed it to a high of $17.78 on April 1, an increase of 60% over the past week.

API3/USDT

API3 is a DAO-governed oracle project focused on the creation of fully decentralized, blockchain-native APIs (dAPI) that aggregate data from first-party oracles.

Price action for the token began to pick up on March 1 and continued to build throughout the month as the protocol announced multiple new partnerships including collaborations with Option Room, Royale Finance (ROYA), MobiFi and Bridge Mutual (BMI).

API3/USDT 4-hour chart. Source: TradingView

Since hitting a swing low at $3.28 on Feb. 28, the price of API3 has climbed 220% to establish a new high of $10.50 on April 1.

DIA/USDT

DIA is an open-source data and oracle platform for the DeFi ecosystem that enables market participants to source, supply and share trusted data. Essentially, the protocol provides a reliable and verifiable bridge between off-chain data from various sources and on-chain smart contracts that can be used to build a variety of financial DApps.

The platform brings data analysts, data providers and data users together to create a space for open financial information in a smart contract ecosystem that is like the Wikipedia of financial data.

DIA/USDT 4-hour chart. Source: TradingView

After dropping to a low of $1.87 on Feb. 28, DIA revealed multiple partnerships in March, including an integration with the Polkadot (DOT) parachain Moonbeam. This resulted in the price of DIA climbing 150% to a high of $4.79 on April 1.

Another potential catalyst for the current rally came shortly after the launch of the DIA Univesity Student network on March 12.

In total, DIA announced partnerships with eight different blockchain projects and companies during the month of March, indicating that the team is serious about its goal to create a cross-network oracle system that provides trusted data for the cryptocurrency ecosystem.

Oracles now appear poised to continue the uptrend that began in January as blockchain technology and cryptocurrencies gain additional attention from investors and the business sector.

With the hype behind NFTs beginning to subside, oracle tokens could be the next group to entice investors and break out to new all-time highs.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Return of the oracles: Band Protocol, API3 and DIA price soar to new highs

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