Today, the altcoin season appears to be back on track after seeming to have taken a brief break. This is because the top trending altcoins have all seen their prices increase by double-digits in the last 24 hours.

TL;DR Chainlink surpassed $29 for the first time in 37 months, although it is currently at $28 after a brief retracement. Whales and institutional investors have accumulated more than 5.6 million tokens in two months, driving the price and open interest in futures to a record $770.27 million. If it surpasses $29.

AAVE, the native token of the Aave lending platform and an open-source protocol, is demonstrating positive price performance on the daily chart. AAVE has experienced the highest daily increase among the top 50 trading cryptocurrencies, demonstrating its soaring price movement.

On December 12, 2024, Chainlink (LINK) seems to be in the eyes of both whales and institutions, leading to a notable price surge in the past 24 hours. According to a whale transaction tracker on X (formerly Twitter), significant accumulation has been reported, ranging from wallet-linked Trump to whales.

Chainlink is among top gainers on Dec. 12 as its price breaks to its highest level in nearly three years, with this coming as futures open interest spiked to an all-time high.

Uniswap joined Chainlink as a top performer, rising 8.6%.

Chainlink (LINK) has hit a new milestone in its price metrics. As spotlighted by Santiment, LINK flipped $29 for the first time in over three years.

AAVE price just hit a new yearly high of $382.11 on December 12. Is this the start of a bigger rally?

Cryptocurrencies traded in the green today as bulls flexed after Monday's crash. Amidst the optimism, Chainlink (LINK) stole the show as it touched price levels not seen since November 2021. LINK's outperformance follows massive institutional purchases. Blockchain data shows Donald Trump's World Liberty Financial (WLFI) splashed millions to purchase Chainlink, Ethereum, and AAVE.

TL;DR World Liberty Financial, linked to the Trump family, converted $12 million USDC into ETH, AAVE, and LINK, impacting market prices positively. ETH saw a 3.5% increase, AAVE surged by 19%, and LINK rose by 2% following the purchases. The project aims to integrate with leading DeFi platforms and has raised nearly $66.

Chainlink (CRYPTO: LINK) soared 22% in 24 hours, bringing its month-over-month performance to 93% as fundamental developments point to a bullish future. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Chainlink (CRYPTO: LINK) $27.80 $17.4 billion +22% +14.8% Avalanche (CRYPTO: AVAX) $49.86 $20.4 billion +9.9% -5.5% TRON (CRYPTO: TRX) $0.2963 $25.6 billion +8.2% -12.4% Trader Notes: Crypto trader Altcoin Sherpa advises traders to look for demand zones on lower timeframes, targeting $25 for short-term scalping.

Aave has surged by 32.82% over the past 24 hours to hit a 3-year high as old coins move.

The crypto market has gained 3.3% to hit a total market cap of $3.83 trillion, with Bitcoin (BTC) regaining the psychological $100,000 level. Several altcoins are also showing bullish signals, with analysts predicting higher moves for Solana (SOL), Aave (AAVE) and Chainlink (LINK).

Chainlink (LINK) is approaching $30, after expanding its presence for cross-chain and oracle services. The recent rally also coincided with a large-scale whale purchase of above $4.94M.

Chainlink (LINK) recently experienced its first weekly drop in a month, as the crypto market took a bloodbath after a strong rally. This dip is in line with other altcoins like Ethereum and Cardano, which also saw some retreat. Despite this short-term correction, many analysts believe LINK is poised for a strong rebound.

Chainlink leads the DeFi token rally with a 26% surge, reaching $28.73. With a wedge breakout starting a six-week rally, bulls target key resistance levels. Furthermore, with on-chain data showing a massive surge in whale holdings, a dormant whale is back for more.

World Liberty Financial Initiative (WLFI), a DeFi project backed by US President-elect Donald Trump, has made headlines with a recent $12 million crypto acquisition. On Dec. 12, blockchain analytics firm Lookonchain revealed that WLFI acquired 2,631 ETH for $10 million at $3,801 per token.

Chainlink price rose sharply on Thursday as its rising adoption by institutional investors drew in Trump-backed World Liberty Financial.

World Liberty Financial (WLFI), a cryptocurrency project supported by President-elect Donald Trump, sparked significant market movements early Thursday by purchasing millions of dollars in Ethereum (ETH), Chainlink (LINK), and Aave (AAVE).

After two years of significant struggles, in recent days it has been outperforming Bitcoin and Ethereum in the crypto markets.

The Trump-endorsed DeFi initiative acquired 2,631 ETH, 41,335 LINK, and 3,357 AAVE via its multi-signature wallet.

A widely followed cryptocurrency analyst and trader is predicting one top 20 altcoin will soon have an explosive breakout. The analyst pseudonymously known as Bluntz tells his 304,200 followers on social media platform X that Ethereum (ETH)-based decentralized oracle Chainlink (LINK) may surge after completing an ABC correction on the 12-hour chart.

Chainlink (LINK) is outperforming major cryptocurrencies and solidifying its role as a leading blockchain oracle. With strategic partnerships, will LINK hit $50 soon?

Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.

With Bitcoin surpassing $100K and Trump's financial fund diving into DeFi, altcoins like AAVE, LINK, and ETH are gearing up for massive growth. On-chain data hints at which token might lead the explosive rally.

President-elect Donald Trump is once again in the headlines after his new crypto venture, World Liberty, spent $12 million buying Ethereum, Link, and Aave. The wallet spent the majority of the funds buying Ethereum and the rest of the funds were distributed to Chainlink and Aave purchases.

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Trump-backed World Liberty Financial purchased $12 million worth of cryptocurrencies, causing price surges in ETH, AAVE, and LINK tokens

Trump's World Liberty Financial has made a bold move in the crypto space, significantly increasing its holdings in Ethereum, Aave, and Chainlink (LINK). As a result, ETH jumped by 8%, Aave gained 33%, and Chainlink price shot up 30%.

The crypto market today has been super optimistic with the market capitalization of the industry soaring by 5.25% to $3.64 trillion. This move was catalyzed by Bitcoin reclaiming the $100k mark on its daily chart. Despite the greenish numbers, the trading volume took a hit of 24.07%, settling down at $216.31 billion.

Aave recorded significant gains, emerging as the top gainer among the leading 100 crypto assets, amid the market-wide bullish momentum. Aave (AAVE) surged 34% in the past 24 hours and is trading at $355 at the time of writing.

On Dec. 12, the WLFI multisignature wallet recorded transactions worth $12 million, with the bulk spent on Ethereum. The post Trump-Backed WLFI Buys $12M in ETH, LINK, and AAVE, Total ETH Holdings Reach $56M appeared first on Cryptonews.

The AAVE token purchases came as a proposal to float a World Liberty Financial instance on Aave met quorum.

Bitcoin price is back above $100K! After juggling below the levels for a couple of days, the token raised, squashing the bearish possibility This shook up the entire market, while positive rounds around the popular tokens like ETH, LINK, & AAVE attracted double-digit gains.

World Liberty Financial (WLFI) recorded transactions with millions of dollars of USD Coin (USDC) to acquire more Altcoins; suddenly, the price surged.

Balancer's version three (v3) launch introduces innovations like Boosted Pools, a Hooks Framework, and a strategic partnership with Aave, aiming to enhance liquidity optimization, security, and developer tools in the decentralized finance ecosystem.

Balancer has unveiled its V3 upgrade, which will optimize liquidity, intensify trading volume, and offer advanced tools for developers.

Balancer, a decentralized exchange and automated portfolio management protocol, has announced that its v3 upgrade is now live.

Aave is about to launch its protocol on Linea following a community vote, months after its forked rival faced scrutiny on the same network.

Decentralized exchange Balancer has launched its V3 platform upgrade, focusing on liquidity optimization and improved developer tools.

Chainlink price is on track for the first weekly drops in a month as the recent rally in the cryptocurrency industry took a breather. Its retreat has mirrored that of other altcoins like Ethereum and Cardano.

Coinbase integrates Chainlink's CCIP into Project Diamond for enhanced cross-chain asset management under ADGM regulation, with Peregrine PSG Digital as its first major user.

Chainlink has partnered with Coinbase's Project Diamond to enhance tokenized asset management with interoperability and regulatory compliance in the Asia-Pacific region.

Chainlink Labs announced the expansion into the MENA region with an office in Abu Dhabi to feed the local demand in a regulated manner.

AAVE experiences 150% surge in whale transactions while approaching $300 mark, accompanied by increased exchange inflows and a large liquidation pool at $291.

Chainlink Labs has officially set up an entity in the Abu Dhabi Global Market (ADGM), marking its entry into the Middle East and North Africa (MENA) region. This development positions the blockchain interoperability leader to cater to the growing demand for decentralized finance solutions in the area.

A few bullish signals might be key to turning AAVE's fortunes around.