Chainlink stabilizes as Westpac and Imperium Markets adopt LINK in Project Acacia

Chainlink price stabilizes around 16.47 USD after a 5% rally. Westpac and Imperium Markets are adopting Chainlink in Project Acacia, enhancing digital asset transactions. The initiative is expected to generate significant savings in Australia, reinforcing a bullish outlook for LINK.

The institutional adoption of LINK through Project Acacia positions Chainlink favorably for future growth. With potential savings reaching 4 billion AUD annually, investor confidence may rise, leading to increased utility and use cases for LINK in the market.

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