Chainlink's LINK Token Taps 22-Month High of $18, Ending Three-Month Breather

The world’s 13th largest cryptocurrency peeped above $18 during European hours, the highest since April 3, 2022, registering a 15% gain on a 24-hour basis, according to CoinDesk data. The LINK price has risen nearly 30% in a week, beating major cryptocurrencies including bitcoin (BTC) and ether (ETH). The rally marks a bullish breakout from the three-month range that’s seen it stuck between $13 and $17, and signals a continuation of a comeback from June 2023 lows near $5.