Coin-Turk 7 minutes ago
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Recent data from market intelligence firm Glassnode reveals that the decentralized oracle network Chainlink 
$29 (LINK) is gaining momentum on-chain alongside its price increase.
Chainlink Insights
In an announcement on the social media platform X, Glassnode noted improvements in LINK’s core indicators. The rise in the number of active addresses and increasing price suggest positive developments in LINK’s performance.
Glassnode reported that LINK has reached its highest price level since 2022, with open positions in futures hitting a new record of $770.27 million. This situation is considered an indicator of high trading activity. Such significant increases in investor interest often occur prior to major upward breakouts. Given the ongoing strong optimism for the first quarter of 2025, LINK Coin could aim for new all-time high (ATH) levels.
LINK Coin Price Analysis
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