The native cryptocurrency of decentralized oracle provider Chainlink has soared to a new all-time high above $25.

At around 15:30 UTC Saturday, the LINK cryptocurrency reached the new record peak of $25.51 following a sharp rise over several hours.
On Sunday, prices had dropped slightly to $24.80, up 4% over 24 hours, according to CoinDesk's data.
The cryptocurrency is now up 105% since Jan. 1, 2021. A year ago, LINK was trading at between $2 and $3.
Elsewhere in the crypto markets, bitcoin is flat on the day at $32,690 while ether is up 6% over 24 hours at $1,343 and approaching its all-time high once more.

STORY CONTINUES BELOW

Recommended for you:

Unmute

Guild of Guardians Built to 'Win' the Web2 Mobile Space: Game Director

13:18

Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO

05:10

Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny

04:07

The first video of the year 2024

40:07

The last regression video of the year 3.67.0

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.