Chainlink Jumps 8% on CCIP Expansion and Growing Institutional Demand

Chainlink’s price has surged by 8% this week fueled by the expansion of its Cross-Chain Interoperability Protocol (CCIP) and increased institutional adoption. The protocol has recently passed significant milestones, including exceeding $33 billion in transaction volume and $2 billion in transfer volume, bolstering its position as a cornerstone of the decentralized oracle network market.