Chainlink Faces Critical Support Test, But Leads DeFi with Growing Ecosystem

Chainlink is facing a critical moment in its price movement, needing to reclaim the $28 support level to avoid further declines. As the asset faces downward pressure, it continues to dominate the decentralized finance (DeFi) space, solidifying its position as a key player in the sector. 311 tracked development events highlight Chainlink’s leading role in innovation, while its Cross-Chain Interoperability Protocol (CCIP) facilitates seamless interoperability between blockchains, attracting attention from users and investors alike. Experts are watching closely to see how Chainlink will respond in the near future.