Chainlink's price surged 8.2% to $9.47, driven by a 115% increase in daily spot volume and a 140% rise in derivatives turnover, signaling strong market interest. The number of LINK holders hit a record 3.96 million, with active addresses doubling, indicating broader participation. Analyst Michaël van de Poppe advises caution, suggesting entry points below $9.20 or $8.60, with resistance near $10.87 and a target around $11. The price faces key resistance levels, and futures open interest growth shows increased leverage and liquidity, but also higher liquidation risk. Market watchers will focus on Bitcoin's movement and LINK's ability to break resistance for the next directional move.
On October 16, NEAR was the only altcoin spot ETF to attract fresh capital, with a net inflow of $2.61 million. In contrast, XRP, Solana (SOL), Chainlink (LINK), Hedera Hashgraph (HBAR), and Zcash (ZEC) experienced net outflows, continuing their rece...
Pacific Meta has partnered with Chainlink Labs to adopt Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its preferred tool for blockchain interoperability and listed Chainlink's Automated Compliance Engine (ACE) on its marketplace for Jap...
Pacific Meta has selected Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its preferred solution to support institutional tokenized finance in Japan. This partnership expands their collaboration beyond Web3 and gaming to include asset tok...
On October 15, the Chainlink Reserve purchased 89,200 LINK tokens, increasing its total holding to about 6.29 million LINK valued at approximately $78.3 million. Despite this steady accumulation, the daily trading volume of LINK, around $330 million,...
U.S. spot funds for Bitcoin, Ether, and Solana saw withdrawals totaling $1.25 billion from October 5 to 9, reflecting investor caution ahead of major network and custody milestones. Solana’s Alpenglow upgrade aims to speed transaction finality to 150...
