Chainlink Soars Amid Charles Schwab's Crypto Expansion

Chainlink's price surged 5.11% over the past 24 hours to reach $11.89, indicating continued interest from investors.

The cryptocurrency's market capitalization now stands at $8.89 billion, with a trading volume of $449.77 million during the same period.

Technical analysis suggests that a bullish pennant pattern has developed in Chainlink's charts, often interpreted as a signal for potential upward momentum following a prior rally.

Crypto analyst Crypto With Gopal notes that LINK's price is consolidating above the crucial $11 support level after a strong initial surge.

The Charles Schwab brokerage announced plans to add Chainlink, Solana, and Avalanche to its crypto platform, broadening the mainstream exposure of these altcoins.