Chainlink (LINK) has entered into a partnership with Abu Dhabi Global Market (ADGM) to advance compliant tokenization frameworks and boost its long-term potential.
LINK's price surged by 6% following the announcement, currently trading at 15.44.
Analysts suggest that a move past $18 could trigger a larger rally, with the possibility of LINK reaching prices between $32 and $44.
The ADGM partnership strengthens Chainlink's role in blockchain infrastructure and cements its dominance in the crypto market.