Chainlink (LINK) has been making waves in the crypto market, surging 27% on December 3rd after teaming up with EU-based 21X to launch a tokenized asset settlement system. This partnership aims to create Europe's first EU-regulated tokenized securities market, utilizing Chainlink's crosschain Interoperability Protocol. LINK's price has skyrocketed 50% in a week and 125% over the past month, hitting a two-year high of $26.92. Trading volumes soared to $8.6 billion, reflecting heightened investor interest. Despite a potential slowdown, some traders are optimistic, eyeing a $50 target for LINK.