Chainlink has recently expanded its ecosystem by adding support for seven new cryptocurrencies, including Frax Finance (FXS) and Polymesh (POLYX). This move is part of Chainlink's ongoing efforts to enhance its low-latency market data services.
The newly supported cryptocurrencies, which also include Livepeer (LPT), Odly Network (ORDER), Scroll (SCR), TokenFi (TOKEN), and Turbo (TURBO), are expected to benefit from improved availability and efficiency of market data. This expansion further solidifies Chainlink's position in the decentralized oracle space, which has been strengthened by a recent partnership with Ripple.