Chainlink’s LINK outperform top 50 tokens, as analyst calls it ‘very undervalued’

Chainlink’s LINK token rose significantly by 18% to reach 26.05 USD, surpassing the performance of the top 50 cryptocurrencies.

Analysts indicate that LINK is ‘very undervalued’, with targets of 30 USD advised with caution for new investors entering the market.

The introduction of Chainlink’s on-chain reserve and its strategic partnership with ICE are key to enhancing LINK’s appeal in the decentralized finance space.