Chainlink's LINK stagnates after Nasdaq-listed company purchases Treasury bonds, Grayscale ETF plans

Chainlink's LINK token fell 1% in 24 hours with a volatility of 7%, and fell back after Grayscale released the ETF conversion news. Caliber became the first Nasdaq listed company to adopt LINK asset management strategy. It purchased LINK funds, the specific amount was not disclosed, and plans to obtain income through pledging tokens. Trading volume surged to 3.78 million units with resistance at $23.49, indicating profit-taking activity.