Chainlink (LINK) might witness a breakout as several metrics favor the cryptocurrency in the last three weeks. Notably, data shared by IntoTheBlock, a market intelligence platform on X, show promise.

Chainlink Price has experienced a significant surge since early November, climbing 80% and reaching its highest point since January 2022. The cryptocurrency maintained a strong uptrend for three weeks before encountering a mild market correction.

Chainlink (LINK) is currently in the spotlight as it inches closer to its three-year price peak. With a 7.22% price surge over the last 24 hours, LINK is trading at $24.96, just 10.8% below its three-year high of $27.89 reached in January 2022.

It was a sea of red in the crypto industry, with Bitcoin price falling to $98,000 and the total market cap of all coins falling by almost 4%. Still, cryptocurrencies have been the best-performing assets in the last decade, with most of them beating traditional assets like stocks and gold.

Bitcoin (BTC) dipped below the $100,000 level earlier today as its price continues to consolidate while facing resistance around the $101,000 mark. The price had risen to $101,267 early during trading but fell considerably to a low of $99,113 before marginally recovering to settle at its current level.

Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project's future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let's take a closer look at who's making the most noise.

Chainlink's price surge coincides with a 177% rise in trading volume and a boom in whale holdings. The technical analysis targets $32, but the rising adoption and Chainlink's role in Brazil's CBDC project hint at an extended rally.

Chainlink continues to expand its use cases with multiple collaborations. In a recent update, the platform has joined Banco, Microsoft, &COMm in phase 2 of Brazil's BRX CBDC pilot. Besides, the platform's adoption rate has been soaring, suggesting a positive impact over its native token, LINK, which has broken above the range.

By breaking below the $25.50, LINK price is signaling a potential bearish takeover. However, on-chain metrics offer reprieve.

Chainlink (LINK), the decentralized oracle network, is showing signs of a potential breakout towards its all-time high (ATH) of $52. With the market watching closely, LINK's current price of $25.50 presents an opportunity for a 40% rally.

In the last seven days, the price of Chainlink (LINK) has climbed by 36.55%, bringing the token's value to its highest level since January 2022. This increase coincides with a broader altcoin rally that has seen many cryptos erase a big bunch of the losses accrued over the last few months.

With $30 within reach, LINK's journey depends on bulls making a timely and strategic move to seize the opportunity before it slips away.

Over the past week, the cryptocurrency market was not particularly on that impressive streak many investors may have now become accustomed to. However, the large-cap altcoins seem to have woken from their slumber to close the week, with the Chainlink price showing good signs of recovery after falling into a consolidation range.

Story Highlights The LINK price records a new 52-week high of $26.77 with a trading volume of $1.72 billion. A potential breakout rally could push the price of this altcoin toward the $32 mark. Technical indicator EMA 50/200-day record a Golden Cross in the daily time frame.

On-chain charts show that Chainlink (LINK) has registered up to a 7.22% increase in price to $24.96 over the past 24 hours. This places the token at about 10.8% from its three-year peak attained in January 2022.

Chainlink has emerged as one of the top-performing altcoins with 45% gains on the weekly chart. The LINK price surged all the way to $26.7 levels for the first time since January 2022, after giving a crucial breakout above $20.

Chainlink (LINK) has recently garnered significant attention, with a series of metrics suggesting the potential for further growth. After an impressive 126.19% gain last month, the cryptocurrency is now in a consolidation phase, but several indicators point to a possible upward trajectory in the near future.

Chainlink seems to be getting ready to break its current all time high soon. The investors have been waiting for over 3 years for LINK to break past $52. Even though the trading volume is low, market intelligence platform Santiment thinks it is time for the token to take a jump and create new history.

Blockchain technology has been evolving rapidly over the last decade, bringing innovative solutions to the crypto world. One of the latest projects making waves in this space is Celestia (TIA), a modular blockchain platform designed to address many of the issues faced by traditional blockchains.

Chainlink shows strong market fundamentals with new wallet creation hitting two-year highs and large transactions reaching $858 million in weekly volume, while average holding periods extend to 1.9 years amid sustained institutional interest.

Chainlink is gaining traction among large investors, with key metrics pointing to a potential rally.

Bitcoin (BTC) has achieved its biggest milestone yet, surpassing the storied $100,000 mark, as bullish sentiment increased substantially over the past 24 hours. The cryptocurrency beat analyst predictions of an insurmountable sell wall at $100,000 to smash past the level and move to its current $102,964.

The three crypto firms are gearing up to tokenize Fortlake's Sigma Opportunities Fund.

Mantle has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) into its ecosystem. This adoption allows developers to build advanced cross-chain applications, further aligning Mantle's vision to drive innovation and expand the multi-chain ecosystem.

An analyst known as a “Master Trader” on the crypto exchange Bybit thinks an altcoin running on the Ethereum (ETH) network is ready to take center stage.

Asset tokenization solution Backed, layer-1 blockchain Sonic, and on-chain finance platform Chainlink have teamed up to tokenize Fortlake Asset Management's Sigma Opportunities Fund. Backed, Sonic (S) – formerly Fantom (FTM) – and Chainlink (LINK) announced their collaboration on Dec.

Backed, an asset tokenization platform, has teamed up with Sonic, an Ethereum Virtual Machine-compatible (EVM) blockchain, and Chainlink (LINK), an on-chain finance platform, to tokenize Fortlake's Sigma Opportunities Fund, ccording to reports shared with Finbold on Wednesday, December 4.

It's simple to understand why Chainlink (LINK) has recently drawn attention in the cryptocurrency community. The digital asset has experienced a remarkable 40% increase in just one week.

Backed, Chainlink, Sonic, and Fortlake Asset Management announced a partnership to tokenize Fortlake's Sigma Opportunities Fund, marking a significant milestone in the process of taking traditional financial assets to the blockchain.

Chainlink (LINK) has made a strong comeback in the cryptocurrency market, emerging as one of the top gainers among the top 20 digital assets. Despite mixed signals from its technical indicators, the price of LINK shows potential for a significant rally, with a price target of $30 if it can break through its current resistance levels.

The price of Chainlink (LINK) has reached its highest point in nearly three years, touching $26.90 on December 2, 2024. This marks a significant milestone for the cryptocurrency, breaking through levels of resistance that had been in place for over a year.

Chainlink surged to $25.08 with a market cap of $15.87 billion. Technical indicators suggest further growth.

Chainlink (LINK) soars to $25.32 and crypto oracles celebrate: the "bank coin" is here, XRP has become just a banking joke.

LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity.

LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity.

Large investors are concluding their long-term trades in top-performing tokens in a bull market. Amid the profit bookings, the whales are quick to exit some RWA tokens. Will the sell-off shock drop the RWA momentum?

Chainlink's (CRYPTO: LINK) impressive rally is backed by strong fundamentals, a key strategic partnership and growing sentiment among traders that the altcoin remains undervalued. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Chainlink (CRYPTO: LINK) $24.00 $15.05 billion +14.5% +42.8% XRP (CRYPTO: XRP) $2.61 $148.7 billion +7.4% +91.9% Stellar (CRYPTO: XLM) $0.523 $15.7 billion -0.01% +18.3% Trader Notes: WeRate co-founder Quinten Francois said on X on Tuesday that LINK is “highly illiquid,” with long-term holders dominating the market and unwilling to sell below $100.

The integration of Chainlink's CCIP with Mantle Network could significantly enhance blockchain interoperability, fostering innovation and expanding multi-chain ecosystems. The post Ethereum layer 2 Mantle Network taps Chainlink to strengthen cross-chain capabilities appeared first on Crypto Briefing.

Chainlink (LINK) has captured the spotlight with a remarkable rally, surging 26% on December 3 to hit $26.32, its highest level since January 2022. This rise has sparked speculation about the token's year-end potential, fueled by bullish market sentiment, whale activity, and institutional adoption.

Chainlink has seen a dramatic increase in its prices, soaring by over 36% to reach almost a two-year high.

XRP drops 12.60% as altcoins like Chainlink (LINK), The Sandbox (SAND), and VeChain (VET) rally. Technical charts highlight upside potentials and key risks ahead.

Chainlink price has started the month well, surging to its highest level in almost three years. The rally was driven by the start of the altcoin season and its role in the oracle industry.

In the ever-evolving crypto landscape, Chainlink (LINK) and Shiba Inu (SHIB) represent two significant approaches.

Over the past 24 hours, Chainlink (LINK) has seen a significant increase in whale activity and price. In the past day, whale activity on the Chainlink network has skyrocketed by an astonishing 1,219%, coinciding with a sudden 31% jump in the price of LINK.

Chainlink's rally breaks key resistance levels, with a massive green candle on the weekly charts. As on-chain data supports the upcoming rally, technical analysis reveals critical price targets ahead.

Chainlink's price hit a three-year high of $26.90 while a major investor accumulated $6.68 million worth of tokens, accompanied by a 930% surge in trading volume and 58% increase in futures market open interest.

Chainlink led the gainers over the past day following a remarkable 36% surge during the 2 December late trading session. LINK has presented remarkable price actions the previous month, soaring from the $11 vicinity early in November to its recent peak, representing the highest level since January 2022.

Zach Rynes, also known as “ChainkLinkGod,” said that XRP is a “banker-themed memecoin” that failed to get traction.