Chainlink LINK Soars Toward $30 on Major ICE Partnership, Fueling Bullish Momentum

Chainlink LINK News - Chainlink's price surged toward its $30.55 target following a strategic partnership announcement with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. This collaboration integrates ICE's institutional-grade forex and precious metals data feeds with Chainlink's decentralized oracle network, bringing traditional market transparency to blockchain applications. Trading metrics show growing institutional interest, with LINK's daily volume spiking 7.73% to $6.35 billion and open interest jumping 15% to $1.75 billion. The breakout past key Fibonacci levels coincides with a five-month high in network growth, adding 3,000 new addresses daily. Technical indicators remain firmly bullish—the RSI holds at 65 while MACD maintains positive divergence. Market participants are now watching the $30.55 resistance level as the next psychological barrier, with ICE's endorsement serving as a watershed moment for institutional adoption of decentralized oracle networks.