Chainlink price opened the second month of 2024 on a bullish note which could catalyze a bullish breakout from the consolidation established in the past three months.
The rebound of the ETH/BTC pair is expected to trigger the much-anticipated altseason that could propel Chainlink’s price higher toward $30.
Chainlink (LINK), a blockchain abstraction layer that is focused on democratizing smart contracts from different chains, has grown to a mature network that has so far secured more than $9.6 trillion. Chainlink network has a vibrant community of investors and developers, thus the LINK price is well positioned to rally beyond its all-time high in the confirmed macro crypto bull cycle.
Furthermore, Chainlink core developers have introduced several game-changing products in the past few years including the Cross-Chain Interoperability Protocol (CCIP), which entered the mainnet early access phase on the Avalanche, Ethereum, Optimism, and Polygon blockchains in July last year. 
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