Rally

Channels

Polygon

Chainlink

<div class="coingape"> 
 <p>Also Read: <strong>XRP Perpetual Futures Volume Data Signal Massive Price Rally Above $1: Kaiko</strong></p>  
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 <h2 id="chainlink-whale-action-next-price-target">Chainlink Whale Action: Next Price Target</h2> 
 <p>According to on-chain data from Santiment, <a rel="noopener noreferrer nofollow" title="Chainlink" href="https://thebittimes.com/tag/chainlink.html">Chainlink</a> had on July 26, 2023 “jumped ahead of the <a rel="noopener noreferrer nofollow" title="altcoin" href="https://thebittimes.com/tag/altcoin.html">altcoin</a> pack” thanks to massive transaction volumes. Compared to the $211 million in trading volume the previous day, LINK had a more than 100% jump at $344 million volume on July 26. The <a rel="noopener noreferrer nofollow" title="Chainlink" href="https://thebittimes.com/tag/chainlink.html">Chainlink</a> price is being boosted by heavy whale accumulation. So far in 2023, the <a rel="noopener noreferrer nofollow" title="altcoin" href="https://thebittimes.com/tag/altcoin.html">altcoin</a> recorded the highest amount of transactions, worth over $1 million. Also, crypto addresses holding 100,000 to 10 million $LINK coins are continuing to accumulate the coins at a rapid pace.</p>  
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 <p>Meanwhile, the LINK coin’s recent breach of resistance at the $7.7 level brings to the forefront the new resistance level at $9, CoinGape price <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> said.</p> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr"><a rel="noopener noreferrer nofollow" title="Chainlink" href="https://thebittimes.com/tag/chainlink.html">Chainlink</a>'s CCIP aims to connect all blockchains into one.</p>  
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  <p>If they succeed, that'll mean:</p> 
  <p>– No more bridges<br>– You can use the same token across any blockchain<br>– HUGE UX UPGRADE FOR CRYPTO AND WEB3</p> 
  <p>Don't fade this CCIP – it could be BIG. Keep an eye on it 👀</p> 
  <p>— Lark Davis (@TheCryptoLark) July 27, 2023</p> 
 </blockquote> 
 <p></p> 
 <p>In terms of the blockchain development progress, the <a rel="noopener noreferrer nofollow" title="Chainlink" href="https://thebittimes.com/tag/chainlink.html">Chainlink</a> Cross-Chain Interoperability Protocol (CCIP) has officially launched on Avalanche, Ethereum, Optimism, and Polygon mainnets recently. The CCIP has been introduced as an open-source global standard for decentralized inter-blockchain messaging, data, and token movements.</p> 
 <p>Also Read: <strong>Republican Leaders Announce No Deal On Stablecoins In US Congress</strong></p> 
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Chainlink Whales Trigger Price Rally; $LINK Price At $9 Next?

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