Chainlink (LINK) has been performing impressively recently! According to Decrypt, the price of LINK soared to its highest point since January 2022, reaching $29.45 on Thursday. The growing demand for this asset among mature investors has driven this surge. Over the past seven days, the price of LINK has increased by 20%, and it has skyrocketed by 119% in the past month.

Data provided by on-chain data analysis platform Glassnode shows that LINK futures' open interest (OI) reached a historical high of $770.27 million. This figure far exceeds that of other competitors, such as Toncoin (TON) at $259 million and TRON (TRX) at $356 million, making it a significant driver of this price rebound.