Chainlink (LINK) prices surged 27% on December 3 as it partnered with an EU company to launch a settlement system for tokenized assets, Cointelegraph reported.
LINK prices have risen 50% in the past week and 125% in the past 30 days. On December 3, LINK rose from $18.58 to $26.92, a two-year high.
LINK’s spot trading volume reached $8.6 billion on December 3, with a market cap of $15.52 billion, making it the 15th largest cryptocurrency in the world.
Chainlink has partnered with 21X to launch Europe’s first EU-regulated tokenized securities marketplace, using the Cross-Chain Interoperability Protocol (CCIP) to support multi-chain asset settlement.
Chainlink network activity surged, with daily transactions increasing from 6,437 on November 29 to 24,901 and active addresses increasing by 179%.
Trader Satoshi Flipper predicts LINK price will break $50, saying “Tis the season for $LINK.”
