Chainlink (LINK) is showing signs of potential recovery, with its price rebounding from key historical uptrend line support on the monthly chart. On-chain data reveals a shift in whale behavior, with addresses holding between 1 million to 10 million LINK resuming accumulation since March. Fundamentals are also strengthening, with the network having facilitated over $286 trillion in transaction volume and securing a significant integration with Mastercard to facilitate on-chain cryptocurrency purchases for its global users.

LINK0.43%
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