Chainlink (LINK) Surges 8.9%—Fueling CoinDesk 20 Rally as Crypto Markets Heat Up
Chainlink’s LINK token just ripped past the competition—posting a blistering 8.9% gain to lead the CoinDesk 20 index higher. The oracle network’s native asset is flexing while traditional finance still struggles to explain what an oracle even does.
Why the surge? Speculation’s boiling over fresh integrations—because in crypto, nothing pumps a token like vague promises of future utility. Meanwhile, LINK’s rally drags the broader index up with it, proving once again that crypto markets move on momentum (and maybe a little hopium).
Watch the derivatives markets next—because nothing says 'healthy rally' like leveraged traders piling in to chase the green candles. Just don’t ask what happens when the music stops.
Leaders: LINK (+8.9%) and ETH (+3.3%).
Laggards: HBAR (-3.4%) and UNI (-3.3%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.