As Chainlink topples Ethereum in development activity, whale accumulation in LINK intensified, with large transaction volume spiking 863% to $1.21 billion in 24 hours. Chainlink partnered with Intercontinental Exchange (ICE) to integrate global forex and precious metals pricing data into its Data Streams. Oracle services provider Chainlink has been in the limelight, with its native crypto LINK price, staging a strong 28% rally to $21.5, and outperforming Ethereum (ETH). Latest on-chain data also reveals that Chainlink has overtaken Ethereum in blockchain activity, while topping the charts in the past 30 days. As per the blockchain analytics firm Santiment, the blockchain development score for Chainlink stands at 243.1, followed by Starknet at 216. All other blockchain platforms like Ethereum, Decentraland, EigenLayer, etc. have a score under 200. Source: Santiment Chainlink holders are showing renewed excitement over LINK Reserve as whale accumulation intensifies. Large transaction volume for LINK, recently surged to 60.76 million LINK, valued at $1.21 billion, in the last 24 hours. This marks an 863% increase and signals a sharp rise in whale activity on the network. This clearly shows the rising LINK adoption, as reported by CNF. Chainlink Price Rally to Continue Ahead Crypto analyst Michael van de Poppe said Chainlink (LINK) appears well-positioned for gains, citing recent updates and what he views as the token’s undervaluation. He noted that any pullback to the $18–$20 range could present a strong buying opportunity ahead of a potential move above $30. Source: Michael van de Poppe Another popular crypto analyst, Miles Deutscher, stated: “XRP & LINK are the top 2 tokens in terms of sentiment right now. A sign that retail interest is coming back (ISO narrative was also trending again today). Personally been adding to my LINK bags recently.. I’ll explain why later today”. Getting forex and Precious Metals data On-chain In the new project undertaking, blockchain platform Chainlink partnered with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to integrate foreign exchange and precious metals pricing data into blockchain networks. The collaboration will add ICE’s Consolidated Feed, sourced from over 300 exchanges and marketplaces globally, into Chainlink Data Streams. As of today, these data streams facilitate more than 2,000 on-chain applications, financial institutions, and infrastructure providers. Speaking on the development, Fernando Vazquez, president of capital markets at Chainlink Labs said: “This collaboration signals a pivotal shift towards a unified, globally accessible on-chain financial system, with hundreds of trillions in assets on a clear path to tokenization”. By leveraging ICE’s market data, Chainlink aims to deliver pricing feeds with the accuracy and latency standards of traditional capital markets, supporting the growth of tokenized assets, automated settlement systems, and other institutional-grade blockchain applications. The move aligns with the broader push to bridge blockchain technology with traditional financial instruments, as mentioned in our previous story.
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