According to a recent report by Gate Research, titled "In-Depth Research on the Oracle Sector: Ecosystem Expansion, Economic Value Capture, and Financial Bridge," oracles are evolving from simple price feed tools into "trust engines" and "data settlement layers" for the Web3 ecosystem, becoming a key hub connecting on-chain economy and traditional finance. As of October 2025, the global oracle market capitalization (TVS) has exceeded $102.1 billion, with a total market value exceeding $14.1 billion.

The report shows that the market landscape is dominated by Chainlink and characterized by differentiated competition from emerging protocols. Chainlink, leveraging its first-mover advantage and strong ecosystem, holds over 87% of the market capitalization and 61.58% of TVS. Currently, oracle growth is entering a "multiplier effect" phase, with the driving force shifting from DeFi native to RWA. DeFi (total TVL of approximately $168.3 billion) remains the core battleground, while RWA (on-chain assets exceeding $35 billion) is becoming the engine for explosive institutional adoption. Cross-chain communication (CCIP), prediction markets, and AI+oracles constitute the second growth curve for the future.

In terms of economic models, the industry is shifting from "pay-per-use" to "service staking," driving the valuation logic of oracle tokens to transition from "narrative-driven" to fundamental indicators such as MCap/TVS. The report estimates that LINK's long-term reasonable valuation range is $26-$35, and with the introduction of the SVR mechanism, its price potential could reach $40-$45. As real-world financial institutions, governments, and enterprises accelerate their adoption of blockchain technology, oracles will become a key hub for financial digitization and information verification, giving rise to new revenue streams such as "information interest rates."