
Chainlink's native token, LINK, experienced an 8% increase, rising to $25.75, with a market capitalization of $16.4 billion. This surge positions LINK just outside the top ten cryptocurrencies by market cap, trailing TRX, which has a market cap of $21.57 billion. Despite the price increase, trading volume has decreased by 36%, indicating potential caution among investors. However, whale investors have accumulated 1.35 million LINK tokens, and notable partnerships, including Ripple Labs utilizing Chainlink's price feeds, suggest a bullish outlook for the token. Analysts indicate that while weak trading volume may limit further price increases, the accumulation by major investors and recent integrations could bolster long-term strength.
$LINK/usdt 1 hour $LINK consolidating above its recent falling wedge breakout, another bullish breakout soon w/ next stop @ $31 🔥🔥 https://t.co/ASa4QLg8O6 https://t.co/UXA8PyLYzp
$BTC $ETH $LINK https://t.co/zLONkI99du
Chainlink is the $LINK to it all 👀 https://t.co/qsFUfiLSpJ



