Chainlink's LINK soars 6% on Treasury purchases and ETF expectations

Against the backdrop of widespread cryptocurrency market growth, Chainlink's LINK token soared 6% to above $24.5, driven by ETF speculation and application development. Wealth management company Caliber purchased $6.5 million worth of LINK tokens, while Chainlink reserves added another 43,000 LINK tokens (worth $1.05 million) in its funding program, and has accumulated 323,116 LINK tokens since August. Technical analysis shows that LINK gained strong support at $22.82 and broke through resistance, indicating that the bullish momentum continues.