Chainlink (LINK) shows promising growth, up 3% to $16 and a target of $20, driven by trading volume that has increased by 50%.
Chainlink Staking v0.2 reached its maximum capacity quickly, with 19 million LINK staked in 7 hours, reflecting strong community engagement.
The Chainlink cryptocurrency, known by its token LINK, is rising as a key player in the altcoin scene, demonstrating remarkable growth potential in the market. Recently, LINK’s value has seen a remarkable rally, reaching $16, representing a 3% increase in just 24 hours. This renewed momentum has led investors and analysts to raise a new price target: $20.
A highlight in this new upswing is the notable increase in Chainlink’s trading volumes, which have seen a 50% increase, reaching $878 million in the last 24 hours. This increase in trading activity is a clear indication of the market’s growing confidence in LINK.
Chainlink Indicators Reflect Strength
Data provided by Santiment, a well-known provider of on-chain info

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