Crypto
Chainlink Soars as Partnership with Bottomline Sparks Growth
Chainlink's price has surged to its highest level since January, reaching $13.64 on Monday, while Bitcoin remains capped below $80,000.
The rally may be attributed to a deal Chainlink announced last week with Bottomline, a top-three SWIFT services provider that handles payments automation and treasury management for over 600 banks.
Chainlink's infrastructure will connect Bottomline's existing systems to public and private blockchains, enabling the movement of tokenized value between them. This partnership may be a significant catalyst for Chainlink's growth, as it expands its reach in the financial industry.