Chainlink’s price experienced a robust surge of 8% within 24 hours, highlighted by a remarkable increase in trading volume, reaching 1.04 billion USD. The impressive 106% volume spike signifies heightened trader interest, pushing the Relative Strength Index (RSI) to 64.3. This indicates strong bullish sentiment, but approaching overbought levels.

Despite this price and volume surge, whale activity has stabilized with 527 addresses holding between 100,000 and 1,000,000 LINK. This consistency suggests that large investors are observing a cautious stance, refraining from aggressive buying or selling. It highlights that without renewed whale accumulation, the rally’s longevity remains uncertain.