Chainlink's network has seen a notable rebound in wallet holdings, with wallets holding at least 1 LINK rising to 535,000, the highest since December 2022. Despite a weak crypto market, this growth signals strong adoption and accumulation by users. LINK's price has shown signs of recovery, climbing from below $7 to a local high of $8.10, supported by a bullish crossover in momentum indicators. However, the momentum remains fragile, and LINK must hold above short-term moving averages to sustain further gains, targeting $8.7 to $9 in the near term.
Major cryptocurrencies saw significant gains, with Bitcoin rising 6.2% to $72,557 and Ethereum up 10.9% to $2,326.79. Other notable increases include XRP up 16.1%, Dogecoin up 10.7%, and several altcoins showing double-digit percentage gains. This su...
Chainlink's co-founder Sergey Nazarov spoke at a White House event highlighting U.S. regulatory support for stablecoins and tokenized stocks, which could boost adoption of dollar-backed digital assets. Meanwhile, Ethereum infrastructure firm Nethermi...
Chainlink's Andrew McCormick predicts AI will drastically reduce the cost of launching new blockchain networks, leading to many chains emerging. This growth will heighten the need for interoperability solutions like Chainlink's Cross-Chain Interopera...
Cryptocurrency markets are experiencing significant gains, with Bitcoin reaching approximately $69,183, up 7.9%, and Ethereum surging 19.3% to $2,259.15. Other notable increases include Ripple (XRP) up 12.7%, Solana (SOL) up 12.5%, and Binance Coin (...
Nethermind has transitioned its cross-chain infrastructure from LayerZero to Chainlink after a thorough evaluation, becoming a Chainlink node operator supporting CCIP and Data Feeds. This move enhances Chainlink's cross-chain capabilities amid growin...
