Chainlink, ranked 11th by market capitalization, might soon enter the top 10 cryptocurrencies due to its price surge and whale interest.
Price Surge and Whale Activity
Following a 25% increase in price since March 10, Chainlink reached an all-time high of 43% of total supply due to major stakeholder purchases.
Impact of Meetings with Authorities
The rise in LINK’s social media dominance is linked to a recent Washington meeting discussing the future of digital assets.
Technical Analysis and Prospects
Currently trading at $14.97, LINK's bullish structure remains intact despite a recent 6% drop, indicating potential for further gains.
With whale accumulation and growing institutional connections, Chainlink is well-positioned to enter the crypto top 10.