The decentralized Oracle network Chainlink and its native token LINK have grown impressively in the past month. Despite experiencing a correction since late December, where LINK reached a 20-month high of $17.6, the token has shown signs of renewed bullish momentum. Key Resistance Levels For LINK’s Price Rally Renowned crypto analyst Ali Martinez has identified a…
In a significant development for the blockchain data-oracle project, Chainlink (LINK) has witnessed a significant response to its enhanced crypto-staking program, amassing over $632 million worth of its LINK tokens within a remarkably short period. The company announced a recent press release highlighting the “overwhelming demand” during the early-access period, which filled the staking limit in…
Data shows Chainlink address activity has returned to 2021 levels recently, a sign that could turn out to be bullish for the asset’s value. Chainlink Daily Active Addresses At High Levels Recently According to data from the on-chain analytics firm Santiment, this increase in LINK activity first started around two months ago. The relevant indicator…