Chainlink's price has reached its highest level in almost three years, with futures open interest reaching an all-time high. The open interest measure indicates bullish investor sentiment. Chainlink's open interest was nearly three times that of Toncoin and twice that of TRON. The price of Chainlink continues to soar, reaching $29.45, and analysts suggest that the fundamentals of the cryptocurrency are improving. The recent profit-taking in the spot market was driven by speculative traders, while long-term holders remained quiet. Chainlink's active addresses are trending higher, but still below their peak in 2021. The cryptocurrency has gained 13% in a day and 97% over the past week and month. Chainlink's success can be attributed to key partnerships and collaborations with organizations such as World Liberty Financial, Emirates NBD Digital Asset Lab, Swift, SBI, and UBS.



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