
April 14th, 2025
Chainlink’s technical chart shows a bullish trend, with LINK/USDT breaking above a double-bottom pattern, indicating a structural shift.
The partnership is expected to play the vital role of easing the entry of banks and financial institutions into the stablecoin market.
As a key player in the RWA sector, Chainlink prides itself on the capacity of its Cross-chain Interoperability Protocol (CCIP) to connect various on-chain environments.
The Chainlink network has grown to a major tokenization platform for real-world assets fueled by institutional investors seeking to tap into the Web3 ecosystem.
AVAX currently boasts a market capitalization of around $9.5 billion. Meanwhile, LINK has a market cap of around $6.7 billion at the time of writing.
The market cap of the DeFi crypto sector currently stands at $61.32 billion, reflecting a 3.13% decline in the last 24 hours.
Bitcoin dominance has been signaling an inevitable reversal in the near term, which will trigger the much-anticipated altcoins bullish breakout.
Hashdex’s filing follows closely on the heels of the recent approval for spot Ethereum ETFs to start trading on July 23.
Recent Chainlink’s drop in supply on exchanges mirrors a pre-rally trend seen in late 2023. Will the trend repeat and rally LINK?
Cyvers had detected the suspicious transactions and attempted to contact WazirX 30 minutes prior to their public announcement, but received no reply.
The Chainlink (LINK) network has focused on tokenization of real-world assets (RWA) to attract more institutional investors into the Web 3.0 space.
This collaboration aims to enhance accessibility for net asset value (NAV) data in tokenized assets.
Based on Jason Pizzino’s analysis, the top altcoin performers included Solana (SOL) with a notable surge of 180%, indicating strong growth momentum.
The surge in the price of Chainlink (LINK) makes it the best performing token among the top 30 cryptocurrencies by market cap.
Arbitrum and Uniswap has been rallying following Ethereum with strong gains over the past week suggesting a begining of he altseason.