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06/12 13:52

Chainlink Price Surges Past $15 as CCIP Powers Cro

Chainlink Price Surges Past $15 as CCIP Powers Cross-Border CBDC Swap

Chainlink surpasses Ethereum in GitHub activity, capturing investor interest.

CCIP enables successful cross-border exchange between Hong Kong CBDC and Australian dollar stablecoin.

Chainlink leads RWA tokenization infrastructure with 449 development activities in the last 30 days.

Chainlink (LINK) has captured fresh investor interest as it has surged to the forefront of crypto development, recently surpassing Ethereum (ETH) in GitHub activity.

This momentum coincides with Chainlink’s interoperability protocol, known as CCIP, successfully enabling a cross-border exchange between Hong Kong CBDC and an Australian dollar stablecoin swap. This happened successfully under Hong Kong’s e-HKD+ Pilot Program.

Meanwhile, June’s second week had energized LINK’s momentum, and following this announcement, it has added a 12% intraday rise with its price surging past $15.00, and since June 6th, it is up over 20%.

Its CCIP has become a core strength of its ecosystem’s growing real-world adoption. This has reignited optimism for LINK token’s long-term value proposition. As a result, experts are optimistic and some are even predicting it to go $30 soon.

Chainlink Leads RWA’s By Development In Past 30 Days

As per recently shared santiment research, among the top 10 cryptocurrencies, Chainlink is the leading RWA tokenization infrastructure provider. It is leading in the list in development with development activity at 449 in the last 30 days, while the bottom holder had 43.27 in the list. 

Moreover, the latest insights shared on June 11th highlighted that LINK is 7.7% up and ETH is up 6.3% in development activities in the past 30 days. This is optimistic, as both LINK and ETH are breaking out as development activities carries them. In the past 30 days, the LINK had the second-most notable GitHub events, while ETH is in eighth place.

As it deepens its ties with major financial institutions with the execution of high-profile pilot programs, rising Github dominance, and leading in the RWA providers’ list. These all point to optimism for LINK, amid the growing outlook for the entire crypto sector.

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