Chainlink Surges 10%, Eyes $18 Amid Recent Partnerships

Chainlink (LINK) has seen significant growth over the past week, rising by 10% in just seven days. The price is now eyeing $18.

The surge can be attributed to several recent developments. Space and Time announced that it will integrate Chainlink's privacy standard into its Virtual Vaults architecture. This will enable institutional lenders to verify private lending collateral more securely.

Chainlink has also partnered with Bottomline, a company handling trillions of dollars in payments. This partnership aims to bring cross-border and cross-chain payment capabilities across its institutional network.

Additionally, Lighter expanded its Chainlink oracle coverage from 25 markets to over 100 active trading pairs, powering perpetual contracts for U.S. dollar-denominated perpetual futures.