Chainlink Hits Key Support Level as AAVE Surges 60% Weekly

Chainlink has set a crucial support level at $11, and AAVE is up by an impressive 60% in weekly gains.

This development has sparked interest among investors looking for alternative cryptocurrencies to buy. Chainlink's (LINK) price has been fluctuating around the $10-$12 range, with some analysts considering it a strong contender in the decentralized finance (DeFi) space.

Aave (AAVE), on the other hand, has seen significant growth, with its weekly gains reaching 60%. This surge can be attributed to the increasing adoption of decentralized lending and borrowing platforms. Aave's native token is now being eyed by investors as a potential beneficiary of this trend.