Chainlink (LINK) has seen a significant increase in social volume, reaching a five-week high following its recent Data Streams upgrade. This upgrade enables the delivery of near real-time US stock and ETF prices, enhancing DeFi protocols' ability to track various trading sessions. The development aims to bridge traditional financial markets with blockchain networks, sparking renewed interest in Chainlink's role in tokenized finance.
Despite a cautious sentiment in the market, Chainlink's development activity remains robust, ranking as the top DeFi project by significant GitHub events. Industry leaders like Bitwise CIO Matt Hougan argue that Chainlink is undervalued, emphasizing its role beyond a data oracle to a key infrastructure provider in the crypto space. Chainlink's adoption by major institutions further underscores its growing influence.
Chainlink Social Volume Peaks After Data Streams Upgrade
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