Chainlink Price Surges: What’s Behind Today’s LINK Rally?

The price of Chainlink ($LINK) rebounded over 14% on Wednesday in a spectacularly quick comeback.LINK traded at bottoms of $8.20 in the early morning hours of Tuesday UTC, according to Coingecko data. However, over the next 24 hours it rapidly shot up 14% to reclaim the $9.35 level, briefly going all the way up to $9.50 before dipping to its current price around $9.25.This means LINK is trading around its highest pri…