LINK Pumped 500% Since Our Last Signal, It's Time to Celebrate the New Year with Crypto

Chainlink (LINK) has seen a 500% surge since our last signal. As we celebrate the New Year, let's delve into the world of crypto assets (RWAs) where LINK reigns supreme.

In the realm of RWA development activity, LINK leads the pack by a significant margin. Among Ethereum-based projects, Synthetix (SNX) and Dusk Foundation (DUSK) follow suit but pale in comparison.

Chainlink boasts 394 GitHub events in the last 30 days, while Synthetix and Dusk clock in at 176.6 and 34.7, respectively. Polymesh (POLYX) and Maker (MKR) also join the RWA party with 25.9 and 21.7 events.

But that's not all! Chainlink's onchain fundamentals are through the roof with a surge in active addresses and an all-time high futures open interest of 770.27M.

Grayscale joins the party by opening up its Grayscale LINK Trust to qualified investors. This fund offers indirect exposure to LINK in the form of securities. As of 12th December, the trust boasts a net asset value of $111.91 per share and $30,468,812 in assets under management.

Hot on the heels of Trump's family venture, World Liberty Financial (WLFI) discloses a strategic investment in Chainlink's LINK token. This move sees a $1 million addition to WLFI's initial investment, bringing the total to $2 million.

Currently, LINK trades at $29.4, showing a 1.5% price increase in the last 24 hours. Its all-time high of $52.82 (May 2021) still beckons from 44% above.

But who cares about all-time highs when LINK is the life of the crypto party? Its daily trading volume stands at 1.1B, and the token actively trades on 99 exchanges, with Binance leading the pack. And let's not forget the market cap—a cool $18.6B.

So, it's time to raise a glass and celebrate Chainlink's stellar performance. Here's to LINK continuing to shine in the coming year!