Chainlink Price Soars to New Yearly High as Institutional Demand Fuels Rally

Chainlink price has broken through a critical barrier, reaching its highest point in over a year and exceeding $24.88 after a strong week of gains. This surge is being fueled by partnerships with major institutions like Intercontinental Exchange (ICE), which will provide real-time forex and metals data on the blockchain. This move signifies a significant step towards making Chainlink more accessible to institutional investors, who are increasingly interested in utilizing its oracle infrastructure for DeFi applications.