Chainlink Price Rally Accelerates as Analyst Eyes $20 Target
Chainlink's price surge continued into August 15, climbing 8% to $9.56 as stronger activity across spot and derivatives markets supported it.
The token has now risen 15% over the last week, recovering from recent cryptocurrency market volatility.
Derivatives participation increased further with open interest up 16%, as traders added to their LINK exposure.
An analyst now expects LINK to reach $20, while a potential next move toward $10 is seen as an immediate focus.