API3 Announces TVS (Total Value Secured) Exceeded $1 Billion – Is this a New Chainlink (LINK) Competitor?

Oracles play a crucial role by bridging the gap between off-chain data sources and on-chain smart contracts. API3, a decentralized oracle project, has announced a key milestone, surpassing $1 billion in Total Value Secured (TVS), marking a tenfold increase in less than 100 days. This achievement has sparked discussions about API3’s potential as a formidable