Chainlink Soars: Institutional Demand Fuels 40% Weekly Rally to New Highs

Chainlink (LINK) has experienced a remarkable surge, posting a weekly gain of 40.83%, driven by significant institutional demand and strategic reserve deployments. The price has soared above $22.05, marking a monthly rise of 44.58%. This rally highlights the growing importance of Chainlink’s oracle network for both decentralized finance (DeFi) and traditional financial institutions.