Chainlink’s LINK Charges Toward $20 as Oracle Network Defies Crypto Slump
LINK bulls are back in control as the token eyes its next psychological milestone—just don’t tell the ’fundamentals don’t matter’ crowd.
Price action: Chainlink’s native token surged 12% this week, outpacing major cryptos as demand for its oracle services grows. Traders now target $20, a level last seen before the 2022 market winter.
Why it matters: While other projects peddle vaporware, LINK actually powers real-world DeFi applications—though that never stopped Wall Street from treating it like a speculative asset anyway.
Bottom line: In a market where most altcoins are glorified lottery tickets, Chainlink keeps delivering actual utility. Whether that justifies the price surge? That’s between you and your risk tolerance.