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Ethereum $3,280.36 -2.17%
BNB $649.10 -2.07%
Optimism $1.75 -0.20%
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Bitcoin $95,369.31 -2.05%
Ethereum $3,280.36 -2.17%
BNB $649.10 -2.07%
Optimism $1.75 -0.20%
Arbitrum $0.74 -0.81%
Solana $180.27 -1.01%
Polygon $0.47 -0.28%
Cosmos $6.40 -2.38%
Avalanche $36.48 -3.57%

Chainlink Tokens Surge as Wealthy Investors Swap Ether for LINK Following Release of Cross-Chain Interoperability Protocol

Chainlink's LINK tokens experienced a surge in value on Thursday, with trading volume doubling to $580 million and prices rising by as much as 6%. This was attributed to the release of the company's Cross-Chain Interoperability Protocol (CCIP), which is designed to facilitate cross-chain applications and services.

The protocol has been tested by 25 partners and is now being made available to developers across five testnets. Other oracle protocols, including BAND, UMA, and API3, also saw price increases in the past 24 hours.

Chainlink $21.94

-1.93%

chainlink

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Chainlink Tokens Surge as Wealthy Investors Swap Ether for LINK Following Release of Cross-Chain Interoperability Protocol

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