Chainlink LINK Jumps 20% on Mastercard Web3 Integration News

Chainlink's LINK token surged approximately 20% following the announcement of a strategic partnership with payment leader Mastercard. This collaboration will facilitate direct on-chain cryptocurrency purchases through Mastercard's payment infrastructure—marking a significant milestone for mainstream Web3 adoption.

The token is currently trading at $13, rebounding from a mid-June low of $12. Trading volume has stabilized at $397 million as the market processes the news, indicating potential accumulation before the next price movement.

This institutional partnership underscores blockchain's expanding role in connecting traditional finance with decentralized ecosystems. As cryptocurrency adoption accelerates, infrastructure solutions like chainlink are emerging as vital connectivity layers between these worlds.