Journalist

• LINK hits new yearly high, surges over 8%
• Increasing ⁤social dominance and transaction ‌volume

Chainlink [LINK] has been steadily rising,​ reaching a milestone of around $21.7 at⁢ the beginning of the week.

LUNARCRUSH’s insights reveal upward trends in social and volume metrics,⁣ corresponding with ⁤the observed price surge.

Positive Trends in LINK ​Metrics

LINK transaction volume on Santiment exceeds $1.2 billion for ⁢the second consecutive day

LINK’s social media ‍dominance reaches levels close to 1% for the ​first time in over ⁣a⁢ week

LINK​ Open Interest‌ Signals Bullish Trends

Chainlink‍ open interest nearly $558⁣ million, indicating increased trader engagement