Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall, cryptocurrency markets have been mostly bearish in today’s session, and are down 1.07% as of writing. Chainlink was another notable token to fall, and is currently trading by as much as 5% lower.

Chainlink became quite popular among the whales. Chainlink’s much awaited staking v0.1 Early Access went live on Ethereum mainnet.

Chainlink, a provider of price feeds and other data to blockchains, has introduced <a href="https://www.coindesk.com/es/markets/2022/12/05/chainlink-smart-money-might-be-pulling-link-tokens-off-exchanges-to-stake-them/" target="_blank">staking of its native token</a> LINK to its network to help keep the protocol secure.

Chainlink Automation and Chainlink Price Feeds have been onboarded on WigoSwap’s Prediction mini-game on Fantom network WigoSwap. It is also planning to merge Chainlink Verifiable Random Function to promote its forthcoming Lottery feature.&nbsp;

The cryptocurrency market is still nursing an ongoing decline, but market movement indicates that some altcoins are making up a list of bullish anomalies.

Swingby has recently announced a newly established partnership with Chainlink for Proof of Reserve. The recently publicized partnership is aimed to help secure the Swingby Skybridge which connects the Bitcoin blockchain, enabling the introduction of BTC into the Ethereum network.

Through a tweet on 1 December, <a href="https://ambcrypto.com/will-chainlink-link-continue-its-upwards-trajectory-in-the-coming-week/">Chainlink</a> announced that the network would be launching v2 of their staking protocol earlier than usual. This decision came after a consultation with their community.

While Chainlink staking v0.1 will go live on the mainnet on December 6, the LINK price has shown a strong performance over the past week. At press time, LINK was trading at $7.58, and thus up 13.5% over the last week.

Blockchain oracle provider Chainlink is preparing to launch staking on the Ethereum network. It is part of a long-term sustainable economic program for the blockchain network.