Chainlink (LINK) is gaining attention in the digital asset market as its price rises, with discussions about whether it will reach the $20 level soon.
The price momentum for Chainlink is building, with a recent 34.9% gain over the past month, increased daily trading volume, and positive market sentiment.
Analysts suggest that Chainlink is poised to retest higher levels, with targets set around $20 based on solid technical structure and recent positive developments, including partnerships with JPMorgan and Ondo Finance.
In addition to its price action, Chainlink leads DeFi development activity, being ranked as the most active project in decentralized finance based on developer contributions and showing increased adoption across various industries.