Chainlink's LINK rises above $14, boosted by CCIP 2.0 launch and ETF inflows, up 18% YTD.
Chainlink's token LINK traded at $14.44, gaining 0.95% recently and maintaining above $14, supported by a 10% rally after the CCIP 2.0 upgrade. ETFs tracking LINK saw $2.62 million inflows, pushing total assets to $244.34 million, about 2.27% of LINK's market cap. Despite a drop in derivatives trading volume, open interest rose slightly to $771.91 million. LINK has surged over 30% in 30 days and 18% year-to-date, outperforming Bitcoin, driven by enhanced cross-chain communication tech and growing real-world asset tokenization. Analysts note potential support near $12.70-$13 and resistance around $15.50, with the next key moves depending on holding $14 support or breaking below it.
Chainlink's token LINK traded at $14.44, gaining 0.95% recently and maintaining above $14, supported by a 10% rally after the CCIP 2.0 upgrade. ETFs tracking LINK saw $2.62 million inflows, pushing total assets to $244.34 million, about 2.27% of LINK's market cap. Despite a drop in derivatives trading volume, open interest rose slightly to $771.91 million. LINK has surged over 30% in 30 days and 18% year-to-date, outperforming Bitcoin, driven by enhanced cross-chain communication tech and growing real-world asset tokenization. Analysts note potential support near $12.70-$13 and resistance around $15.50, with the next key moves depending on holding $14 support or breaking below it.
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