Chainlink don rise 12% on top Remittix $21M raise, competitors dey rise
Chainlink (LINK) jump kp 12% come reach $24.45 for 24 hours, e increase volume for market dey kp kp kp 24%. Dis rally come after Remittix raise $21 million, dem sell 608 million tokens and dem get list for BitMart. Remittix dey plan make cross-border payment beta by direct crypto to bank transfer for over 30 countries. Meanwhile, Ethereum (ETH) dey face more wahala as other blockchain dem dey offer faster transaction plus better smart contract wey fit scale well, dem dey make developers wey wan pay less fees come. Analysts talk say fit get small drop go $20 before LINK fit continue to rise. All dis development show say investors dey more interested for interoperability solution and Ethereum market share dey under pressure. Traders make dem monitor on-chain metrics plus volume trend well well.
Bullish
Chainlink 12% rally and di rising trading volume show say di market get strong bullish feeling. Remittix successful $21M token sale plus their listing for BitMart show how investors believe in cross-border payment solution dem, wey fit increase demand for interoperability oracles like Chainlink. Historical cases show say when faster blockchains come, e dey push interest inside projects wey dey connect different ecosystems, no just to replace already established protocols. Short term, LINK fit test support around $20 before e continue to go up. Long term, growth for cross-chain DeFi and payment apps fit support Chainlink oracle services. Generally, market liquidity and adoption trends dey show say LINK and related tokens get bright future.