[Gate Research Institute: Oracles Enter the 'Multiplier Effect' Stage, RWA, CCIP, and Prediction Markets Drive New Growth] Odaily Planet Daily News – The latest report from Gate Research Institute, *'In-Depth Research on the Oracle Track: Ecosystem Expansion, Economic Value Capture, and Financial Bridge,'* points out that oracles are evolving from simple price feed tools into the 'trust engine' and 'data settlement layer' of the Web3 ecosystem, becoming a critical hub connecting on-chain economies with traditional finance. As of October 2025, the global oracle track's TVS has exceeded $102.1 billion, with a total market capitalization surpassing $14.1 billion. The report reveals that the market structure is characterized by Chainlink's absolute dominance and differentiated competition from emerging protocols. Leveraging its first-mover advantage and strong ecosystem barriers, Chainlink holds over 87% of the market capitalization and 61.58% of the TVS share. Currently, oracle growth has entered the 'multiplier effect' stage, with growth drivers shifting from DeFi-native applications to RWA. DeFi (with a total TVL of approximately $168.3 billion) remains the core battleground, while RWA (on-chain asset scale exceeding $35 billion) is becoming the explosive engine for institutional adoption. Cross-Chain Interoperability Protocol (CCIP), prediction markets, and AI+Oracle are expected to form the second growth curve in the future. In terms of economic models, the industry is transitioning from a 'pay-per-call' model to a 'service staking' model, driving the valuation logic of oracle tokens to shift from 'narrative-driven' to fundamentals-based metrics such as MCap/TVS. The report estimates that the long-term fair valuation range for LINK 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 on-chain adoption, oracles will become the critical hub for financial digitization and information verification, giving rise to new yield logics such as 'information interest rates.'