Chainlink (LINK) Hits Three-Month High as Bullish Momentum and Institutional Interest Surge
Chainlink's LINK token rallied to $23.79, reaching its highest price in three months as bullish sentiment among its community hit a yearly peak. Trading volumes soared to $2 billion within 24 hours, driven by growing confidence in the project's utility and market positioning.
The surge aligns with Chainlink's expanding role in real-world asset (RWA) tokenization and ETF infrastructure, where its oracle technology delivers critical pricing data. A notable buyback of over 40,000 LINK tokens within an hour further highlighted escalating demand.
The White House's recent digital asset frameworks cited chainlink as a leading example of oracle implementation, boosting institutional visibility. As one of the few major utility tokens yet to reclaim its all-time high, LINK's current momentum reflects widespread optimism about its infrastructure niche.