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Chainlink (LINK) Jumps 18% to $26 as Institutional Adoption Grows
Chainlink (LINK) Jumps 18% to $26 as Institutional Adoption Grows
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Chainlink LINK News -
Chainlink's LINK token has surged 18% over the past week, hitting a high of $26.05, fueled by strong technical indicators and institutional partnerships. The token currently trades at $24.81, up 1.14% in the last 24 hours, with an RSI of 67.07 indicating strong momentum without overbought conditions.
The rally is driven by two major catalysts: a strategic partnership with Intercontinental Exchange (ICE) to integrate forex and precious metals data into Chainlink's oracle network, and active accumulation of LINK tokens by the chainlink Reserve. The ICE collaboration marks a significant step toward institutional adoption, validating Chainlink's technology in traditional finance.
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