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TronWeekly

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Chainlink Surges on Mastercard Partnership as 3.86 Million LINK Exit Exchanges

  • Chainlink surged 12% in a week following a major partnership with Mastercard to integrate crypto access.
  • 3.86 million LINK tokens, worth over $51 million, exited exchanges since June 20, signaling accumulation and long-term buying.
  • LINK maintains strong support above $13 amid increasing open interest and derivatives volume, reflecting growing market confidence.
  • The Mastercard collaboration is viewed as a significant move in bridging traditional finance and decentralized finance, with analysts eyeing a potential surge towards $30 for LINK.

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