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Chainlink LINK Hits 8-Month High as Institutional Adoption Accelerates – What’s Driving the Rally?
Chainlink LINK Hits 8-Month High as Institutional Adoption Accelerates – What’s Driving the Rally?
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Chainlink LINK News -
Chainlink's native token LINK surged to an eight-month high, extending its weekly gains to 45%. The rally is fueled by a new partnership with Intercontinental Exchange to bring forex and precious metals pricing data on-chain, bridging Wall Street and blockchain.
Institutional adoption is accelerating, with Chainlink's Reserve program using revenue to buy back LINK, sustaining demand. Whale activity has spiked, with large holders accumulating the token at the highest rate in three months.
Analysts highlight tokenized real-world assets (RWAs) as a key growth driver. Chainlink's infrastructure is becoming indispensable as traditional finance embraces blockchain technology.
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