The U.S. Securities and Exchange Commission (SEC) has appointed Taylor Lindman, a former senior legal officer at Chainlink Labs, as chief counsel for its Crypto Task Force. Lindman, who brings over five years of experience in blockchain and regulatory compliance, previously advised Chainlink on legal matters and digital asset regulations. His appointment signals the SEC's growing interest in professionals with expertise in decentralized finance and smart contract ecosystems. Following the announcement, Chainlink's (LINK) price rebounded to approximately $8.18, recovering from a recent low of $8.13. Despite this uptick, LINK remains down about 51% over the past year. The market's positive response is attributed to institutional investors, including Grayscale, accumulating LINK tokens, reflecting renewed confidence in Chainlink's long-term prospects. Technical analysis indicates support at $6.80 and resistance near $8.19, with potential for further price action if these levels are breached.