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Bitcoin $115,198.85 -0.71%
Ethereum $4,615.31 -1.39%
BNB $928.88 -0.55%
Optimism $0.79 -3.49%
Arbitrum $0.52 -4.49%
Solana $241.69 -0.64%
Polygon $0.22 +2.77%
Cosmos $4.66 -3.16%
Avalanche $29.72 -0.85%

Chainlink (LINK) Witnesses Surge in Whale Transactions and Trading Volume, Says Crypto Analytics Firm Santiment

Chainlink's price surged by almost 19% on Thursday due to the launch of its new Cross-Chain Interoperability Protocol (CCIP) on several blockchains, as well as an increase in whale transactions and trading volume.

The CCIP protocol aims to simplify token transfers and enable easy development of cross-chain applications and services. Crypto analytics firm Santiment notes that LINK's trading volumes have been gradually increasing, indicating growing interest in the asset.

Additionally, whale transactions involving LINK are on the rise, which can serve as an insightful parameter for market trends.

Chainlink $24.23

-2.65%

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Chainlink (LINK) Witnesses Surge in Whale Transactions and Trading Volume, Says Crypto Analytics Firm Santiment

All Comments

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