Chainlink is showing new strength as market interest and adoption continue to trend higher. Exposure came to the project after Kaia deployed Chainlink’s CCIP to serve as its official cross-chain solution. Technical analysts also point to bullish signals that could see continued upside.
At the time of writing, LINK is trading at $24.29, registering a 4.44% gain over the last 24 hours. The token also has a 24-hour trading volume of $2.39 billion and a market capitalization of $16.44 billion, showcasing the rising interest in the project.
The latest addition came after Kaia announced Chainlink’s Cross-Chain Interoperability Protocol (CCIP) integration. Through the release, LINK becomes the official cross-chain infrastructure of all of Kaia’s ecosystem wallets and all of its application-based platforms.
It allows Kaia to enable secure cross-chain communication between its expanding network, which is made up of Tether, KakaoPay, LINE NEXT, and all of its enterprise-level partners.
By adopting LINK’s cross-chain standard, Kaia strengthens its mission of developing a network of interconnected superapps and worldwide partners. Such interconnectivity not only amplifies real-world use cases of LINK but also creates LINK as an important stakeholder in cross-chain innovation.
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Meanwhile, prominent crypto analyst Crypto Patel also pointed out that Chainlink is showing strong technical signs of a possible bullish breakout. According to him, LINK is presently following through on a large demand zone, with order flow confirming strong buying interest.
Patel also showed that the current sweep of liquidity below the previous week’s trough at $22.229 has pinned short sellers, adding more fuel to the higher upside. A change of market structure now favors the bullish configuration, and risk-to-reward is compelling for more upside.
Both practical adoption through Kaia and favorable chart indications, LINK is making noise as one of the strongest altcoins to watch. If the move continues, LINK could be establishing the foundation for a large upswing in the near future.
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