Chainlink's native token, $LINK, has experienced notable price momentum in recent days, with a recovery rally pushing the price above $30 and targeting a breakout at $31. Over a three-day period, $LINK gained approximately 12% in overnight trading, making it the strongest mover among the top 100 cryptocurrencies and the number one trending asset on CoinGecko. Market engagement and chatter around $LINK have surged, reflecting increased investor interest. Chainlink is being recognized for its growing role in the blockchain ecosystem, particularly as a provider of real-time, onchain data streams for U.S. equities and ETFs, enabling functionalities such as onchain lending and perpetual markets. The project is described as becoming the connective tissue of tokenized markets, with its data oracle services offering sub-second latency and timestamped market status. The token's price movements have been noted to influence broader market dynamics, with some observers suggesting resistance to $LINK's upward momentum. Meanwhile, other cryptocurrency projects like Stellar ($XLM) are also showing technical patterns indicating potential bullish trends for 2025.
$XLM Bullish Formation Takes Shape Despite the dip, XLM hit support as expected. The larger bullish setup stays intact. -$0.24 is key Fibonacci support -Break above $0.39 unlocks upside -Five closes above $0.71 confirms long-term strength Structure points to a bullish 2025 https://t.co/wV4mOJAPiJ
Sold the absolute Pico Top on $LINK last night. You can't teach this. https://t.co/zqRxLDRgcm
DeFi apps live and die by real-time data. Synternet streams unlock: • Live price feeds • Risk monitoring • Automated trading bots • Cross-chain liquidity bridges https://t.co/sgF813WkRJ