Chainlink Network Sees 2,298 New Addresses in Major Milestone
Chainlink (LINK) Overview
- Current price: approximately $16.64
- Network growth: 2,298 new addresses added, highest since January
- Struggle with resistance: LINK facing challenges at the $18 level, aligned with the 200-day EMA
Technological Developments
- Deployment of CCIP v1.5 on mainnet enhances cross-chain interoperability
- Improves efficiency in transferring data and digital assets
Strategic Partnerships
- Collaboration with XRP enhances decentralized data solutions
- Increased demand for reliable oracle services across blockchain networks
Market Outlook
- Critical levels: performance at $18 resistance crucial for potential rise to $20
- Risk of selling pressure if key support levels are breached
- Combination of technical resilience and network expansion observed