LINK price jumps 10% as Chainlink races toward tokenization of funds

Chainlink News

LINK price jumps 10% as Chainlink races toward tokenization of funds
CryptocurrenciesTechnical Analysis
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Chainlink (LINK) price has remained range-bound for a while, stuck between the $16.00 roadblock to the upside and $13.08 to the downside.

Chainlink network has completed tests with US banking giants to accelerate the tokenization of funds. JPMorgan, Franklin Templeton, Invesco, and BNY Mellon are among the ten participating firms. Network cofounder Sergey Nazarov says large market players are coming together to leverage blockchains, smart contracts, and Oracle networks. Chainlink price is up 10% as LINK bulls flock to the scene Chainlink price has remained range-bound for a while, stuck between the $16.

-day chart Conversely, if traders cash in on the gains made, which has happened multiple times before leading to consolidation, the Chainlink price would topple. While a decisive candlestick close below $13.080 would be concerning, only a low below the $11.788 support level would invalidate the bullish thesis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Cryptocurrencies Technical Analysis

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

26 Little Additions That Will Make A Huge Difference In Your Makeup Routine26 Little Additions That Will Make A Huge Difference In Your Makeup RoutineYou're already a 10/10, but with these little things, you're an 11/10.
Read more »

This $16 Italian white wine is wonderful for warm weather mealsThis $16 Italian white wine is wonderful for warm weather mealsPlus, an Oregon pinot noir and a sublime, splurge-worthy Austrian sparkling rosé to check out.
Read more »

Beauty Expert Says These New Dollar Tree Makeup Items Are a '10 Out of 10'Beauty Expert Says These New Dollar Tree Makeup Items Are a '10 Out of 10'Digital destination for sophisticated men & women. Live your best life with expert tips and news on health, food, sex, relationships, fashion and lifestyle.
Read more »

Sports Bettors Explain How They Would Have Used $16 Million Of Ohtani’s MoneySports Bettors Explain How They Would Have Used $16 Million Of Ohtani’s MoneyIppei Mizuhara, the interpreter for Shohei Ohtani, allegedly stole $16 million from the Dodgers star and lost $40 million while gambling with the funds. The Onion asked sports bettors to explain how they would have used the money, and this is what they said.
Read more »

Chainlink (LINK) MVRV Ratio Drops Massively, Top Analyst Highlights Buy SignalChainlink (LINK) MVRV Ratio Drops Massively, Top Analyst Highlights Buy SignalChainlink has caught attention of traders and analysts alike with its recent MVRV Ratio plunge
Read more »

This $16 Advanced Biotin Hair Growth Serum Makes Hair 'Thicker'This $16 Advanced Biotin Hair Growth Serum Makes Hair 'Thicker'Amazon is a premier destination for healthy and functional beauty products — we found a biotin serum for $17!
Read more »



Render Time: 2025-04-07 17:42:14