Chainlink grabbed headlines with a 10% rally last week, which pushed its monthly gains to 53%. This stellar performance by LINK has resulted in a bullish outlook for the Oracle token.

Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.

Chainlink's LINK token has reached $18.4 after a 10% gain, approaching a key resistance level at $22 where 100,220 addresses hold 57.2 million tokens.

An analyst has explained how the path to a new Chainlink all-time high (ATH) could open up if LINK can break past this resistance block. Chainlink Could Find Major Resistance At The $20 Level In a new post on X, analyst Ali Martinez has discussed how the resistance barriers for LINK are currently looking in terms of the on-chain cost basis distribution.

Story Highlights The Chainlink price is up 71.8% this month. Technical indicator EMA 50/200-day registers a Golden Cross, indicating a higher price mark. Sustained bullish sentiment to push price beyond $25 this year. Despite the Bitcoin price struggling to achieve the milestone of $100,000, the altcoin market has recorded a strong bullish recovery.

Chainlink achieves $17.3 trillion in total transaction value while its LINK token tests $18 resistance amid growing network adoption and positive technical indicators.

Chainlink (LINK), known for its pivotal role in blockchain infrastructure, has recently hit an extraordinary milestone of $17.3 trillion in cumulative on-chain transaction value. This significant achievement underscores the platform's growing adoption and influence within the cryptocurrency sector.

LINK nears $18 resistance with strong momentum, supported by growing adoption.

Optimism (OP) has experienced a market rebound in the past week gaining by 35.76% based on data from CoinMarketCap. The Ethereum layer-2 token hovers above $2.20 with investors strongly bullish on future price gains.

Chainlink (LINK) is experiencing significant growth in the cryptocurrency sector, with a 20% increase in value in just one week and a potential change in its long-term trajectory. Related Reading: XRP Gains Momentum: Whale Activity Points To $15 Breakthrough For months, the cryptocurrency has been on a downward trajectory; however, it is currently exhibiting significant signs of recovery.

Chainlink price is experiencing a surge in bullish momentum, supported by the formation of an ascending triangle pattern. This technical structure signals potential price gains as LINK breaks through key resistance levels.

Chainlink price has formed a rare bullish pattern, pointing to more gains in the coming weeks. LINK token jumped to $17 on Saturday, its third consecutive day of gains as the crypto fear and greed index remained in the extreme greed zone. It has jumped by 108% from its lowest level this year.

Optimism (OP) price has surged 43.40% in the last seven days, showcasing strong bullish momentum in the market. The uptrend is supported by rising trend strength, with the ADX confirming growing momentum and EMA lines showing a bullish setup.

Ethereum layer 2 scaling solution Optimism ($OP) is riding the bull run after rallying 39% in just seven days. The bulk of those gains came in the last 24 hours, after the token surged 23% to trade at $2.18.

This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.

Optimism (OP) is experiencing an interesting market rally amid the ongoing cryptocurrency bull run. According to CoinMarketCap data, the protocol's native token OP is changing hands at $2.19, representing a 21.57% rise in the last 24 hours.

Chainlink (LINK) trades at $14.60 after recent uptrends saw it escaping a prolonged consolidation range. Meanwhile, the altcoin encountered resistance after hitting the $15.27 daily high. LINK rebounded to its press time levels after hitting a 24-hour low at $13.91, and a historical setup suggests a potential surge to $35 – a 139.

As crypto grows, so does the list of complex terms to understand — like utility tokens.

Optimism (OP) has been gaining attention in the crypto market, with some analysts predicting a 60% rally if the token can break through a critical resistance level. Michaël van de Poppe, a well-known crypto analyst, has identified that once OP clears its $1.83 resistance, it could see a rapid price surge, potentially pushing the token toward higher price targets.

Chainlink price is currently facing resistance after breaking out of an extended consolation zone. LINK price is down 2.1% in the last 24 hours and is trading at $14.71.

Chainlink, a blockchain service provider, is advancing Brazil's plans for a central bank digital currency (CBDC) by collaborating on the DREX pilot project alongside major players like Microsoft Brazil, Banco Inter, and 7COMm.

Experts believe the partnership sets a powerful precedent, showcasing the potential of decentralized tools in centralized financial systems.

Chainlink Labs, a blockchain oracle service provider, has joined forces with Microsoft Brazil and other industry players to work on the second phase of Brazil's central bank digital currency (CBDC) initiative, DREX.

Brazil's Central Bank has initiated phase two of its DREX digital currency pilot program, partnering with Microsoft, Chainlink, and other tech firms to test automated cross-border payments

The Central Bank of Brazil is partnering with Chainlink, Microsoft, and others to develop DREX, a new CBDC. DREX will specialize in cross-border trade rather than everyday use, incorporating artificial intelligence (AI) oracle technology.

Crypto analyst predicts 60% rally for Optimism (OP) after breaking key resistance at $1.83.

The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink, according to a Nov. 19 statement. The partnership aims to support trade finance solutions in the second phase of Brazil's DREX pilot program.

The Central Bank of Brazil (BCB) has selected decentralized oracles provider, Chainlink, as one of the partners for its digital currency pilot, DREX. According to the announcement, the apex bank also selected Banco Inter, Microsoft Brazil, and 7COMm.

Chainlink's breakout from a descending channel ignites hopes for a surge to $23.

Blockchain oracle service provider Chainlink (LINK) is working on a pilot project for Brazil's proposed central bank digital currency (CBDC) called DREX with Microsoft and other firms in the country.

Phase two of Brazil's Drex CBDC pilot launches.

World Liberty Financial (WLF) aims to achieve its aim of launching the next wave of broad defi adoption through the security and dependability of Chainlink.

World Liberty Financial, a decentralized finance platform backed by President-elect Donald Trump, has partnered with Chainlink to integrate real-time data feeds.

A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%.

Donald Trump backed the decentralized finance (DeFi) project, World Liberty Financial (WLFI) said it would integrate Oracle Chainlink for on-chain data and cross-chain interoperability. In an official announcement, the protocol said that tapping Chainlink technology will allow its project to better integrate with the crypto ecosystem.

World Liberty Financial collaborates with Chainlink to secure its DeFi ecosystem with robust data feeds, cross-chain compatibility, and governance tools. This partnership underlines WLFI's focus on enhancing DeFi's reliability and utility. The post Trump's World Liberty Financial Adopts Chainlink for DeFi Expansion appeared first on Cryptonews.

The WLFI protocol will first integrate with Chainlink price feeds on the Ethereum mainnet to enable the launch of its World Liberty Financial Aave V3 instance soon.

World Liberty Financial's WLFI token is only available to accredited investors inside the United States and non-US residents.

The strategic alliance between WLFI and Chainlink aims to redefine security and interoperability in the world of decentralized finance.

World Liberty Financial integrated Chainlink for secure, reliable on-chain data and cross-chain interoperability as it prepares to launch on Aave v3.

Donald Trump's World Liberty Financial (WLFI) has partnered with Chainlink to help secure its DeFi ecosystem. The DeFi protocol will adopt Chainlink's standard for on-chain data and cross-chain interoperability to help ensure a successful launch.

World Liberty Financial (WLFI), a DeFi project backed by US President-elect Donald Trump, has partnered with Chainlink to accelerate DeFi adoption. This new alliance, announced on Nov. 14, names Chainlink as WLFI's primary provider for on-chain data and cross-chain connectivity.

TL;DR World Liberty Financial (WLFI) integrates the Chainlink standard to ensure security and connectivity in the DeFi network. The integration will support the launch of WLFI's Aave v3 instance on the Ethereum mainnet. WLFI seeks to democratize access to decentralized finance by promoting the use of dollar-backed stablecoins.

Trump-associated World Liberty Financial has selected Chainlink for data feeds integration to support Aave v3.

"I appreciate that they are approaching their launch with a strong focus on security,” said Chainlink co-founder Sergey Nazarov.

Chainlink will provide crucial pricing data and cross-chain interoperability infrastructure for the nascent DeFi platform.

The partnership could accelerate DeFi's integration with traditional finance, potentially reshaping global financial systems and privacy norms. The post Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption appeared first on Crypto Briefing.