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Chainlink (LINK) Eyes $30 Breakout Amid Strong Accumulation and DeFi Growth

Chainlink (LINK) Eyes $30 Breakout Amid Strong Accumulation and DeFi Growth

Published:
2025-08-18 14:52:50
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Chainlink LINK News -

Chainlink (LINK) is gaining momentum as it approaches the critical $30 resistance level. Recent on-chain data reveals significant accumulation by large investors, reducing circulating supply and bolstering bullish sentiment. Strategic partnerships, such as the ICE collaboration integrating real-time forex and precious metals data, are expanding Chainlink's utility.

The network's total value secured (TVS) in DeFi has hit record highs, underscoring growing reliance on its oracle infrastructure. Market participants are closely watching whether LINK can sustain its upward trajectory or face a pullback amid heightened volatility.

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