Trump’s announcement of his crypto reserve boosted the market, driving LINK 11.68% higher. Traders are jubilant, and LINK’s solid fundamentals are the thrust.
The world of cryptos has been significantly boosted ever since President Trump announced a strategic crypto reserve spanning five of the top cryptocurrencies.While those coins soared, Chainlink ($LINK) also saw a serious pump, jumping 11.68% in 24 hours.
The value of LINK jumped from $14.85 to $16.16, currently standing at $16.27, according to CoinMarketCap. Traded volume went wild, achieving a day’s volume of $995 million. The high of LINK over the last week was at $16.88, where its market cap stood at $10.31 billion.
This is not hype—LINK has been rising due to its position in DeFi and smart contract solutions. With more institutional investors coming in and crypto regulations getting clearer, the price of LINK is riding a wave of a bullish market trend.
Trump’s pro-crypto stance is activating investors, leading to huge price swings across the market. Analysts believe if the broader market stays strong, LINK could keep climbing. But the real question is—how long will this momentum last?
With big institutional adoption and continued demand for Chainlink’s decentralized oracle tech, it’s one of the top coins to watch as this crypto revival unfolds.
Also Read: Binance CEO Applauds Japan’s Transparent Crypto Rules