Chainlink (LINK) price experienced a notable surge of 20%, with market analysts speculating that it could soon hit the $17 mark. This rise comes amid a general uptick in the cryptocurrency market, which is currently valued at $2.24 trillion.
The cryptocurrency market saw a modest increase of 0.68% in the last 24 hours, showcasing a positive sentiment. Ethereum (ETH), a leading altcoin, also reclaimed the $2.6K mark, setting a hopeful outlook for the entire altcoin segment.
With Ethereum's positive movements, ETH-based tokens are also following a similar trend, further boosting confidence in the market's resilience and potential for growth.
