@fayulasmokas
Chainlink’s dominance in the oracle space is still intact, supported by trust, reliability, and deep DeFi integration. Many protocols prefer stability over experimentation. However, rivals are steadily gaining mindshare. Pyth emphasizes speed, RedStone targets modular design, and API3 pushes decentralization narratives. These competitors thrive where Chainlink may be overkill or too costly. The result is not displacement, but fragmentation. Chainlink remains the backbone, but not the only option anymore.
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