PANews reported on December 13, according to Decrypt, that the price of Chainlink (LINK) surged to its highest level since January 2022, reaching $29.45, as mature investor demand for the asset continues to rise. LINK's price has increased by 20% over the past seven days and by 119% over the past month.
Glassnode data shows that the open interest (OI) for LINK futures has reached a historical high of $770.27 million, triggering this rebound. This figure dwarfs the open interests of competitors, such as Toncoin (TON) at $259 million and TRON (TRX) at $356 million.
