#Chainlink (LINK) witnessed a significant increase in its price by approximately 13% over the past week, supported by institutions and whale accounts accumulating the coin, according to the “Lookonchain” platform.
In a post on X on July 2, analysts noted that 54 new wallets had withdrawn 2.08 million LINK worth approximately $30.3 million from Binance over the past seven days.

Online marketplaces have now gained immense popularity as individuals prefer the ease of buying and selling online over the rigorous conditions of traditional markets. When it comes to online buying and selling, eBay comes to mind.
Nevertheless, despite being one of the major online marketplaces, eBay has its setbacks which pose difficulty for both buyers and sellers. A few of these setbacks are seen in subsequent paragraphs.
First, unlike other popular marketplaces, eBay is popular for charging high fees and commissions on goods. For sellers, this may be difficult to gain profits eventually. In fact, you may even have to pay for little things like listings, scheduling, and final value fees. On the other hand, buyers may have to pay for payment processing especially if you make use of Paypal.
Do not flinch; what if you could make use of another marketplace such as Pushd (PUSHD) where you can evade ridiculous high fees? Pushd (PUSHD) is a new Web3 marketplace created to make online buying and selling stress-free for individuals.
Additionally,  unlike eBay, Pushd (PUSHD) requires no KYC processes involved with buying and selling so you do not have to be worried. This makes Pushd (PUSHD) a better alternative to eBay or other online marketplaces.
Why Pick Your Next Investment in Pushd (PUSHD) Rather than Chainlink (LINK) or Polygon (MATIC)?
While the crypto market is known for being risky, investors are on the lookout for risk-worthy investment opportunities. Over the years, Chainlink (LINK) and Polygon (MATIC) have seen more ups and downs, and investing in them may not be a smart decision now socially if there is a better opportunity like Pushd (PUSHD).
On the one hand, Chainlink (LINK) higher volatility gives concern to investors. You wouldn’t want to invest in a coin that easily fluctuates like Cameleon and not generate enough revenues eventually.
On the other hand, Polygon’s (MATIC) dependence on the popular Ethereum blockchain network limits its worth. This means that the death of Ethereum ultimately leads to the end of Polygon (MATIC).
Moreover, in 2021,  Polygon (MATIC) was attacked leaving hackers to cart away 801,601 Matic tokens.
However, recently, there has been a new investment opportunity available to investors called Pushd (PUSHD). Pushd (PUSHD) is where every investor is picking their next investment.
Pushd (PUSHD), the Future of the Crypto World and Online Marketplaces
Like other marketplaces, Pushd (PUSHD) is a fully decentralized marketplace here to make online buying and selling easier, safer, and faster. In addition, Pushd (PUSHD) is different in that it addresses the high fees associated with buying and selling in the online space.
Moreover, Pushd (PUSHD) offers instant deposits and withdrawals for clients. You don’t have to worry about network failures as it is built on blockchain technology.
Furthermore, the presale token holders will have the chance to propose changes to the platform when it launches. Even more, is that you can earn by taking part in rewards and VIP programs.
Pushd (PUSHD) is at stage 3 of the presale and seen many investors dive into the project, this is the best chance to pick your investment opportunity.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ChainlinkUpdate #Link $LINK

Chainlink on-chain data flashes signs of growth as the number of active addresses within the Chainlink network has increased from 2,900 on May 18 to 11,300 on May 21. LINK costs $22.
Oracle service provider Chainlink has largely decoupled from the broader market correction, up more than 6% in the past 24 hours.
As of press time, Chainlink (LINK) is trading near its key resistance of $17.5 and its market cap has surpassed $10.1 billion. Additionally, the daily trading volume for LINK has also increased by 80% to $858 million.
Chainlink On-Chain Data Flashes Bullish Signal
According to insights from on-chain data provider Santiment, Chainlink (LINK) has emerged as one of the top performers in the cryptocurrency market, crossing the $17.50 mark for the first time in six weeks.
Today’s on-chain analysis reveals a striking trend: for every one Chainlink transaction recorded in a loss, there are 11 transactions showing a profit. This remarkable ratio marks the highest level observed since December 8, 2022, indicating a strong bullish sentiment around Chainlink’s recent price movements.
This Breakout Can Trigger Major Surge for LINK Price
The current Chainlink price is facing resistance due to the daily bearish order block, where key market participants have historically placed sell orders at $17.58.
This resistance level coincides with the weekly resistance barrier at $16.48. A failure by buyers to push LINK’s price higher could potentially trigger a pullback. In such a case, an analysis of the Volume Profile indicator shows that a significant volume of trade has taken place around $14.62, indicating a possible support for the expected correction.
Notably, this level closely aligns with the 61.8% Fibonacci retracement level, offering an attractive accumulation zone for a possible second bullish leg.
A recent surge in bullish sentiment following the approval of the Ethereum Spot ETF has fueled optimism. If Chainlink finds support near $14.62, it could signal an 18% rally to retest the $17.58 daily order block.
In an extremely optimistic scenario, a successful breach of this resistance level could push the price of Chainlink to $22, marking a cumulative gain of 50%, amid the Chainlink Wheel rally.
Even with strong technical analysis and on-chain data supporting Chainlink’s potential, a weekly candlestick below $13.59 would negate the bullish outlook by forming a low on a higher time frame.
Such a scenario could result in a 13% drop in LINK’s price, potentially leading it to a key support level at $11.80.
Additionally, on-chain data also shows improvements for Chainlink. The number of active addresses within the Chainlink network has grown significantly, increasing from 2,900 on May 18 to 11,300 on May 21. This remarkable increase indicates the growing demand for the Chainlink platform.
#ChainlinkUpdate #cryptupdates #newsdaily $LINK

In the span of just five weeks, large investors in Chainlink, known as whales, have increased their holdings by over $50 million worth of LINK tokens. This substantial accumulation has led to a significant surge in LINK’s market capitalization.
Chainlink witnessed a notable uptrend following the recent Staking v0.2 upgrade. Highlighting recent advancements, Swell Network has incorporated Chainlink CCIP to facilitate quicker transactions. Upon the announcement, significant investors, often referred to as whales, initiated the accumulation of LINK tokens. This resulted in an 8% increase in the price of Chainlink (LINK) within a span of just two days.
Chainlink Whales Add $50M in 5 Weeks, Fueling 143% Cap Surge

Santiment, the on-chain data analysis platform, reveals a strategic move by the 200 largest wallets, accumulating an astounding $50 million worth of LINK in the past five weeks. This calculated accumulation has propelled Chainlink’s market capitalization to an impressive 143% growth in just five months, outperforming Bitcoin by a notable 93%. This surge positions Chainlink ahead of other altcoins experiencing similar whale accumulation.
Delving deeper, this significant market movement is attributed to the recent transition from Staking v0.1 to v0.2. The Staking v0.1 pool became inactive on November 28, 2023, ceasing reward emission and securing Chainlink services. Participants in v0.1 are required to migrate their tokens to Staking v0.2 per the staking program. The v0.2 community pool currently holds 19,041,871 LINK tokens, with a capped limit of 40,875,000 LINK.
Chainlink’s Recent Surge: LINK Price Hits $15.66 with 5.56% Daily Gain
As of the latest update, Chainlink (LINK) is trading at $15.66, marking a notable 5.56% increase in the past 24 hours and a 5.96% rise over the last 7 days. The 24-hour trading volume stands at $613 million, contributing to a market cap of $8.7 billion, reflecting Chainlink’s upward momentum.
This recent surge has not only impacted the price but has also significantly boosted Chainlink’s Total Value Secured (TVS). After dipping to $13 billion last month, the TVS surpassed $16 billion in early December, primarily driven by Staking activities, surpassing several Defi protocols.
Throughout the month, Chainlink’s price has displayed a consistent upward trend, witnessing an increase of over 8%. Despite concerns following the consolidated close for November, recent whale activities suggest a clear path for LINK’s price in the coming days.
With sustained whale activity and potential investor influx, LINK is positioned to overcome the $20 resistance level before the year concludes.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#LINKPrice #ChainlinkUpdate $LINK