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Chainlink’s LINK Soars, Outperforming Other Crypto Majors

The LINK token from Chainlink, the decentralized oracle network built on Ethereum, is soaring more than 10% Monday amid new partnerships with traditional financial institutions. LINK climbed to $6.83 on Monday, gaining just over 10% over the past 24 hours, outperforming the wider crypto market. On Monday, Chainlink’s co-founder Sergey Nazarov spoke at SWIFT’s global financial services networking event Sibos. Chainlink and Depository Trust and Clearing Corporation (DTCC), announced a collaboration on Swift’s Blockchain interoperability project back in June. Chainlink's CCIP will enable complete interoperability between the source and destination blockchains.

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