What is an oracle in crypto?

In short a crypto oracle carries data. Either from the real world to the blockchain and vice versa, between blockchains or completely off-chain. So a blockchain does not just offer services based only within its own ecosystem. As a result oracles increase the amount of services offered on blockchain via smart contracts.

What are the most popular oracle based cryptocurrencies?

At present, major oracle based cryptocurrencies in the market like ChainLink, and Band are the more mainstream ones. It seems that the demand for Oracles in the financial industry as well as in the gambling markets will continue to increase.

Will Oracle Cryptos grow alongside smart contract cryptocurrencies?

As smart contract cryptocurrencies like Ethereum, the Binance SmartChain, Avalanche, and Polkadot grow, oracle cryptos will grow right alongside them.

What are the smallest oracles in crypto?

With a market cap barely below $20 million, it is one of smallest oracle projects in crypto, which also means it has a lot of room to grow. 4. DOS Network (DOS) – Marketcap $36.53 Million The DOS Network is another layer 2 chain agnostic decentralized data oracles network, which can support multiple mainstream blockchain protocols.