Chainlink Bull Run Continues with CCIP 2.0 Upgrade

Chainlink's price prediction remains bullish above $13.06 as institutional interest builds in the oracle network.

The CCIP 2.0 upgrade, which allows companies to add custom security checks on top of Chainlink's existing network, was launched with AWS, Google Cloud, and Infosys as named supporters.

Trader Tim Warren believes LINK is 'built for right now' as banks and institutions increasingly look to integrate with crypto infrastructure.

The 20-day EMA sits at $13.06, and holding above this level keeps the retest looking healthy instead of turning into something worse.

Chainlink's derivatives volume jumped 206% to $2.02 billion over the past 24 hours, with short sellers taking the bigger hit as price pushed toward its high.