Chainlink Surges 8% Amid Record Trading Volume

Chainlink's price surged by 8.03% on September 29th to $14.92, while most of the top 50 cryptocurrencies experienced losses. This significant gain was accompanied by a substantial increase in trading volume, with $1.39 billion exchanged, more than three and a half times the usual median.

This move stands out from other assets in the top dozen, which saw participation levels significantly lower. The 90-day high of $15.48 was set on September 28th, just before this recent price increase, with Chainlink's market capitalization reaching $11.17 billion.