Chainlink price rises 8.25% as CCIP 2.0 launch meets network-activity test

  • Chainlink launched CCIP 2.0 with institutional security, compliance and cross-chain settlement features.
  • LINK trades around $15.29, up 8.25% in 24 hours; volume increased 200%.
  • Daily active users fell from more than 300 to 57 as LINK climbed above $15.

Chainlink's LINK token is testing a crucial resistance zone after recovering sharply from lows near $7. The token is trading around $15.29, up 8.25% over the past 24 hours, while trading volume has increased 200%. The move follows Chainlink's launch of CCIP 2.0, a cross-chain infrastructure upgrade that adds institution-focused security, compliance and settlement features. AWS, ANZ, Fidelity International, SBI Digital Markets, Sygnum and Taurus are participating. However, network activity has weakened: Chainlink's daily active users fell from more than 300 to 57 even as LINK climbed from below $9 to above $15. The divergence indicates that the price recovery has not been matched by a comparable increase in daily network activity, leaving the breakout's ability to continue higher as a key question.

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Chainlink price rises 8.25% as CCIP 2.0 launch meets network-activity test - CoinPost Terminal