Do repost and rate:
Chainlink (LINK), the native token on the eponymous blockchain, surged over 30% this week as plans for staking support and a major Avalanche tie-up boosted demand.
LINK rose 7.9% in the past 24 hours to $9.15- its highest level in one month.
LINK’s rally was triggered on Tuesday after the blockchain outlined plans to offer support for staking through LINK.
It was then further boosted on Thursday after the Avalanche blockchain deployed more Chainlink services on its primary network.
Chainlink is one of the biggest providers of oracle services for decentralized networks. It is used to incorporate price feeds into smart contracts.
