Chainlink’s LINK token rose 10.83% over 24 hours to $13.308, including a 7.06% increase within 30 minutes. The token fell to $12.111 during the period before recovering, while daily trading volume climbed 25% to about $503.90 million. Open interest in LINK futures contracts rose 8.26% to $696.89 million, reflecting greater activity in the derivatives market. LINK has broken above a consolidation range of $7.20 to $8.50 and is trading above its 20-day moving average of $11.39. Expanding Bollinger Bands point to rising volatility, while the MACD histogram stood at -0.01822 even though both MACD lines remained above zero. Analyst Michaël van de Poppe identified $14.50 to $15 as a near-term target and pointed to $11 and $10 as possible accumulation levels during pullbacks. Analyst Investor Jordan identified $12 as key support, with $15 and $20 as subsequent targets. Chart analysis placed important resistance at $12.59, where a high-volume breakout could support a move toward $15. Separately, Wyoming’s FRNT stablecoin integrated Chainlink Proof of Reserve, a system for verifying collateral onchain in real time. Chainlink said FRNT would be the first stablecoin issued by a U.S. public entity to publish verified reserve data on blockchain networks, and that the implementation exceeds GENIUS Act requirements. Market observers are watching whether LINK can hold above $12 while testing resistance near $13.30.