Chainlink ($LINK) records 10.8% increase: DeFi trend and new on-chain reserves strengthen its role as a connection between real data and blockchains

Chainlink: $LINK up over 10% - DeFi momentum and new on-chain reserves strengthen the platform In the last few days, the cryptocurrency market has seen a notable movement, especially Chainlink's token $LINK. The price rose by 10.8%, primarily due to the growing momentum in the decentralized finance (DeFi) space. Chainlink has established itself as a crucial player when it comes to connecting real-world data with blockchain technologies. A key factor behind the rise in the $LINK price is the introduction of new on-chain reserves, which increases confidence in the platform. These reserves enable Chainlink to ensure the integrity and availability of data,...