- ChainLink powers Gold (XAU/USD) and Silver (XAG/USD) perpetual swaps on GMX via sub-second Data Streams.
- $LINK at $9.02 recovers from $8.70 lows, trapped in symmetrical squeeze testing $9.20-$9.30 supply zone.
- ChainLink records market capitalization of $6.54 billion and $335 million in 24-hour trading volume.
ChainLink (LINK) demonstrated notable resilience, recording a 2.4% intraday gain to trade at approximately $9.02. As global markets seek out more transparent and frictionless ways to trade traditional commodities, decentralized oracle networks are emerging as the critical infrastructure required to bridge the gap
The uptick in $LINK comes amidst a 3.7% weekly rise, driven by significant ecosystem expansions into tokenized precious metals and a landmark report highlighting the explosive growth of decentralized prediction markets.
The GMX Precious Metals Integration
GMX, a leading decentralized perpetual exchange, has officially launched frictionless synthetic perpetual swaps for Gold (XAU/USD) and Silver (XAG/USD), with both markets powered exclusively by ChainLink D...
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