• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Monday, June 23, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Chainlink (LINK) Soars While Market Dips: Collaboration with SWIFT Fuels Rally 

Jordan Avery by Jordan Avery
May 28, 2024
in News
Reading Time: 2 mins read
0
Chainlink-link-price-correction 1
Share on TwitterShare on Facebook

Oracle service provider Chainlink has made a strong move defying the broader market correction and gaining by 6% in the last 24 hours. As of press time, the Chainlink (LINK) price is trading 5.84% up at $18.21 with a market cap of $10.6 billion and its daily trading volume soaring by 132% all the way to $850 million.

Chainlink (LINK) Price Eyes 150% Gains

The strong bounce back in the Chainlink price comes at crucial support levels with analysts expecting gains anywhere between 150% to 300% in the future.

CHAINLINK-LINK-PRICE
X

Crypto analyst Michael van de Poppe has shared his insights on Chainlink’s recent performance, stating, “Chainlink woke up from the critical area of support. Likely, there’s going to be continuation and the low is in. From this point, I wouldn’t be surprised with a 150-300% price increase”.

LINK Shares Space With SWIFT

Chainlink’s recent surge is likely driven by bullish sentiment among the token holders and supporters following the announcement of Chainlink’s co-presentation with international payments platform Swift at this week’s Consensys conference in Austin, Texas.

This collaboration, which began last autumn, has demonstrated that “existing infrastructure can merge with the new world of blockchains,” according to Chainlink. Project co-founder Sergey Nazarov also expressed optimism for Ethereum and digital assets over the weekend, following the historic approval of Ethereum exchange-traded funds (ETFs), stating that it’s “really just the beginning.” Chainlink has shown significant progress, recently highlighting its network’s advancements across nine different blockchains, including Ethereum, Arbitrum, Polygon, and Base.

chain-chainlink-price-surge

Additionally, earlier this month, the Depository Trust & Clearing Corporation (DTCC), the largest settlement and clearinghouse in the U.S., announced its use of Chainlink’s cross-chain interoperability protocol in collaboration with Wall Street giants JP Morgan and BNY Mellon as part of a tokenization pilot. This pilot, known as Smart NAV, enabled Wall Street institutions to make mutual fund data available on public networks.

In its latest weekly research newsletter, crypto investment firm 21Shares spotlighted Chainlink, praising it for “revolutionizing the realm of tokenization.” The firm credited Chainlink with facilitating over $10 trillion in transactions across more than 2,000 projects spanning 22 different networks.

Tags: Blockchain AdvancementsBullish SurgeChainlink DefiesLINK Price Targetsmarket correctionSWIFT CollaborationTokenization Revolution.
Previous Post

Ethereum ETFs: Bullish Long-Term Despite Short-Term Volatility

Next Post

Notcoin (NOT) Takes Flight: What’s Fueling the 40% Surge?

Related Posts

BTC Defends $100,000 Support Amid Iran Conflict, Is a Major Rally Coming?
Market Analysis

BTC Defends $100,000 Support Amid Iran Conflict, Is a Major Rally Coming?

June 22, 2025
Bitcoin $103K Support Is Shaking, Will the Bears Get Burned
Market Analysis

Bitcoin $103K Support Is Shaking, Will the Bears Get Burned?

June 21, 2025
Featured

Dogecoin Price Faces Breakdown

June 20, 2025
Featured

CZ Warns of Deepfake Scams

June 20, 2025
Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown
News

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

June 19, 2025
Solana ETF Incoming? What Bloomberg’s 90% Prediction Means for Investors
News

Solana ETF Incoming? What Bloomberg’s 90% Prediction Means for Investors

June 17, 2025

Press Releases

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown
News

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

by Alex Mercer
June 19, 2025

Introduction Bitcoin has seen plenty of drama over the years, but this time, even with war looming and a cyberattack...

Read more
What you will get:  Simple steps to start trading cryptocurrencies like Bitcoin and Ethereum How to choose a reliable crypto exchange with low fees and strong security Key tips to read crypto price charts and manage trading risks How to stay updated with market-moving news and practice safely before investing Introduction Cryptocurrency trading has exploded in popularity as an easy way to earn online. With simple guidance you can start trading Bitcoin Ethereum and other altcoins using your phone or computer. This guide gives clear steps for beginners. What Is Crypto Trading and How Does It Work Crypto trading is buying and selling digital currencies like Bitcoin Ethereum Cardano or Solana to make a profit. You buy when prices are low and sell when they go higher. There are two main trading types: Spot trading: You own actual coins. Derivatives trading: You trade based on price movements without owning coins. Spot trading is perfect for beginners because it’s more straightforward and less risky. Step 1 Choose a Reliable Crypto Exchange Select a trusted crypto exchange. Popular beginner-friendly options: Binance: Low fees and many altcoins Coinbase: Easy for beginners with strong security Kraken: Great support and euro compatibility Bybit: Simple interface with spot and futures Look for: Easy sign up and verification Strong security (2FA, cold storage) Low trading fees and fast euro or fiat deposits Wide selection of coins and high volume Step 2 Learn Crypto Chart Reading Reading price charts will improve your crypto trading success. Key concepts: Trend lines: Overall up or down movements Support levels: Prices where value tends to bounce up Resistance levels: Prices where value tends to slow or reverse Start with basic charts like candlestick charts. Many platforms like Binance and Kraken offer built-in guides. Step 3 Manage Risk and Use Stop Losses Crypto prices are very volatile and can change fast. Protect your investment by: Investing only what you can afford to lose Using stop-loss orders to sell automatically at a set lower price Not risking more than 1–2% of your portfolio on any trade This risk management helps you stay in the game long term. Step 4 Stay Updated with Real-Time Crypto News Crypto markets respond instantly to news. Use reliable sources like Vr Soldier, CoinDesk, CoinTelegraph and The Block. Track: Bitcoin ETF decisions New coin listings on exchanges Regulatory changes Major partnerships and developments Following crypto news helps you predict good entry and exit points. Step 5 Use Demo Accounts to Practice Many exchanges like Binance and Bybit offer demo accounts or testnets. Practice trading with virtual money first. This helps you learn: How orders work Chart reading in real time Trading fees and order types Once you feel confident, move to small real trades. Final Simple Tips for New Crypto Traders Start with well-known coins like Bitcoin Ethereum Avoid chasing hype or FOMO (Fear Of Missing Out) Keep a basic trading journal or spreadsheet Learn from both wins and losses Crypto Trading Basics for Long Term Profit

Crypto Trading Basics for Long Term Profit

June 16, 2025
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025
Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

June 6, 2025
Binance Beats SEC—Crypto Cheers the Legal Victory

Binance Beats SEC—Crypto Cheers the Legal Victory

June 2, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier