Chainlink's native token, LINK, surged 12% to $27.8, marking its highest level since December. This rally aligns with Federal Reserve Chair Jerome Powell's dovish comments at Jackson Hole, which boosted the broader crypto market. Bitcoin rose 3.5%, and the CoinDesk 20 index increased by 6.5%.
Chainlink's recent ISO 27001 and SOC 2 Type 1 security certifications, audited by Deloitte, have bolstered confidence in its data services, potentially driving adoption among banks and DeFi protocols. Additionally, the Chainlink Reserve's purchase of 41,000 LINK tokens, valued at $1 million, contributed to the token's upward momentum, bringing total holdings to 150,778 tokens, worth $4.1 million.
Chainlink (LINK) Jumps 12% to $27.8 Amid Security Certifications
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