Chainlink price experienced a significant drop of over 10% last week, reflecting the overall market cap shrinkage. Despite this downturn, Chainlink has been expanding its presence in the crypto industry.
Sonic Labs, previously known as Fantom, recently integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP), highlighting a significant development for Chainlink.
The LINK price is currently displaying a bullish market structure, indicating a potential for upward movement which might lead to revisiting the $15 mark.
