Chainlink (LINK) has defied the odds and made a remarkable recovery in recent times, deviating from the bearish trend that plagued the cryptocurrency market. As other digital assets grapple with a prolonged downtrend, LINK has displayed remarkable resilience and demonstrated the potential for substantial gains. In fact, some experts believe that Chainlink could even reach the $20 mark, signaling an impressive climb from its current position.
Henrik Lindqvist is our DeFi and on-chain reporter, splitting his time between Stockholm and London. A former software engineer at Klarna, he switched to journalism in 2021 and has since broken stories on MEV exploits, restaking risks and Layer-2 economics. Henrik writes the BTCNews weekly Layer-2 newsletter and has lectured on blockchain architecture at KTH Royal Institute of Technology.