Crypto
Chainlink Price Soars After Global Pay Connect Integration
Chainlink (LINK) is experiencing continued momentum after Global Pay Connect launched with Chainlink integration, pushing its price up 7.41% to $11.93.
The asset remains above its key moving averages on both short and long-term charts, indicating strong bullish sentiment.
Recent institutional adoption of Chainlink technology has boosted demand for the asset, with Bottomline's Global Pay Connect platform connecting over 600 banks to blockchain-based settlement using Chainlink's Cross-Chain Interoperability Protocol.
Analysts expect LINK to consolidate between $11.31 and $12.23 in the short term, with a high probability of an upside breakout above $12.23.