Chainlink (LINK) is making waves yet again. Just today, LINK has seen a significant 11.60% increase in the last 24 hours, making it one of the top performers among the crypto elite. But that's not all! Chainlink has been partnering up to expand its horizons. For instance, they've recently collaborated with Ripple to enhance the utility and accessibility of Ripple's new stablecoin, RLUSD, providing price feeds on both Ethereum and XRP Ledger. This move is set to propel DeFi and institutional crypto transactions to new heights.
Moreover, Chainlink's ecosystem is growing; they've been in discussions with Aave and Aptos, aiming to advance DeFi further. The buzz on X has been incredible, with posts highlighting LINK's potential to hit new highs, with some even predicting a move towards $28 if it maintains above $18.
For those of you looking for technical analysis, LINK has been hovering around key support and resistance levels, with a current resistance at $19.06 and support at $17.87. Keep an eye out, as the market's sentiment seems pretty bullish on LINK right now.