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Chainlink Surges 7.88% as Partnerships with Bottomline and Wyoming Drive Adoption

Guavy AI Editorial Team
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LINK
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Chainlink's price surged 7.88% after announcing its partnership with Bottomline to enable over 600 banks worldwide to access blockchain-based cross-border settlement using its Cross-Chain Interoperability Protocol and Runtime Environment.

This latest development further reinforces Chainlink's position as a leader in the blockchain space, following Wyoming's adoption of Chainlink's Proof of Reserve system for its FRNT stablecoin and the U.S. Department of Commerce's decision to publish official economic data on-chain via Chainlink.

According to trading charts, Chainlink's price has been trading above all key moving averages, indicating strong bullish momentum in both the short and long term.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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