Chainlink soars 9%, eyes breakout as volume spikes

Chainlink’s price has surged by a significant 9% on Thursday, reaching a new milestone near $14.88. This surge was driven by a massive trading volume increase of 30% to $353 million. The bullish momentum is fueled by investors withdrawing over $49 million from exchanges and heading into self-custody wallets. These actions suggest growing confidence and long-term conviction in Chainlink’s potential for breakout.