
Chainlink Surges 4% to $25 Following US Government Data Partnership, Bitwise ETF Filing
Chainlink defied bearish market sentiment by rising 4% to $25, driven by Bitwise’s ETF filing and the US government’s adoption of LINK oracles.
Chainlink defied bearish market sentiment by rising 4% to $25, driven by Bitwise’s ETF filing and the US government’s adoption of LINK oracles.
Caliber has introduced a Chainlink-based digital asset treasury (DAT) strategy with an established advisory board to manage allocations.
With ADA struggling to hold ground, LINK’s mix of security recognition, institutional partnerships, and bullish momentum could propel it past Cardano.
Chainlink surged to its highest level in seven months, with investors showing renewed confidence.
Chainlink price hits $26 as whales swap millions in ETH for LINK, boosting bullish momentum toward a potential $27 breakout.
Chainlink jumped 10.5% to $24.2 following a strategic partnership with Intercontinental Exchange and hitting $93 billion in Total Value Secured. The rally positions LINK to potentially break five-month resistance at $25.
Chainlink emerged as one of the best-performing cryptocurrencies on Friday, Aug. 8 with a 9% daily gain, driven by the launch of its new on-chain LINK reserve system that converts enterprise revenues into tokens.
With LINK price up 43% over the past month, analysts like Ali Martinez see potential for a further rally toward $22 and possibly $28.
Sustained negative exchange netflows (-100K LINK/week) and persistent withdrawal activity suggest that LINK whales are preparing for a future breakout.
A Chainlink whale’s massive transfer to Binance sparks selloff fears amid a broader market decline.
Blockchain analytics firm Nansen attributes the rally to significant participation from “smart money” wallets, with $14.2 million in inflows over 30 days.
Web3Bay leads in decentralized shopping, while Ethereum, Optimism, and Arbitrum are improving blockchain performance. Chainlink dominates the Oracle space, helping DeFi grow with cross-chain solutions.
On-chain data shows that Chainlink whales have accumulated more than $20 million worth of $LINK in the past 24 hours, thus currently holding 191M tokens.
Chainlink’s short-term outlook remains cautious due to bearish momentum, but long-term prospects remain strong.
Seeking the best altcoins to recoup losses, many investors are jumping at the chance to acquire 1Fuel, a wallet-focused altcoin that is available for the low presale entry of $0.018.