Crypto Markets Surge: Chainlink and Quant Lead the Charge
Chainlink (LINK) has continued its upward trend, surpassing $13.40 on Friday and gaining over 7% for the week. This surge can be attributed to strengthening institutional demand, improving derivatives positioning, and expanding strategic partnerships.
The partnership with Infosys is one of the key factors supporting LINK's price action. Additionally, the growing use of Chainlink in various sectors has increased its appeal among investors.
Quant (QNT) has emerged as a standout performer, with its price rising nearly 30% following its announcement to handle tokenized deposits across US financial institutions.
The technical outlook for Quant suggests a strong rally that could potentially reclaim the $100 milestone. The market is responding positively to QNT's strategic partnership and growing adoption.