Chainlink [LINK] has shown impressive gains in recent days, following key developments within its ecosystem.
The introduction of staking, expansion of its data oracle network, and the launch of Secure Mint have all contributed to LINK’s bullish momentum.
Additionally, the MACD was edging toward bullish territory, hinting at an upcoming upward push. However, the $12.82 resistance must be broken decisively.Chainlink’s on-chain activity has been steadily rising. The number of active addresses increased by 1.25% over the last 24 hours, reaching 178.91K, indicating a surge in network participation.
These rising figures reflect an increasing demand for LINK and suggest that the network is experiencing healthy growth, further bolstering the case for a potential breakout.Another positive sign for LINK’s price is the decrease in exchange reserves, which dropped by 0.26% to 166.21M LINK in the last 24 hours.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
18 million LINK tokens hit Binance: What’s next for Chainlink?Chainlink tops ERC-20 development activity charts while a massive token transfer to Binance sparks market buzz.
Read more »
‘Smart money’ flocks to Chainlink — Is $20 within reach for LINK now?As of this week, Chainlink was the third most accumulated token by Smart Money, suggesting it's poised for significant gains soon.
Read more »
Chainlink price prediction – Will LINK’s 4-year-wait finally pay off?Chainlink (LINK), one of the industry's prominent cryptocurrencies, has market cap 0f $6.86 billion with a fully diluted valuation (FDV)...
Read more »
Chinese Chip Stocks Gain $13 Billion on Talk of Beijing Stimulus(Bloomberg) -- Top Chinese chipmaker Semiconductor Manufacturing International Corp. led a $13 billion sector rally, after investors bet that Beijing will...
Read more »
Blackstone confirms $13 billion investment in Britain for AI data centrePrivate equity giant Blackstone has confirmed a 10 billion pound ($13.32 billion) investment for an artificial intelligence data centre in the north east of ...
Read more »
Chainlink breaks key levels: Is a bull run on the horizon?Chainlink (LINK) breaks key resistance, showing bullish momentum with rising on-chain activity and market interest.
Read more »