Following a correction in the crypto market, several coins, including the flagship cryptocurrency Bitcoin, have surrendered their weekly-accumulated gains. However, amid the massive depression, Chainlink (LINK) held more than 14% in the weekly chart. Does the off-chain data aggregator’s remarkable resilience despite the bearish outlook depict a market decoupling, or is something sustaining it? Chainlink Price Stronger As More Ecosystem Developments Unfold Last week, Chainlink launched the much anticipated cross-chain interoperability protocol (CCIP) on Avalanche, Ethereum, Optimism, and Polygon mainnets. According to the official announcement, leading DeFi protocols in lending and derivatives, including Synthetix, have adopted the CCIP. Related Reading: Here’s Why Shiba Inu Burns Do Not Impact SHIB Price Synthetix is now live in the CCIP mainnet, while BGD Labs (Aave) have integrated it into their protocols. Chainlink’s CCIP seeks to address the complexity associated with cross-chain solutions and offers enhanced security to mitigate risks of exploits. The CCIP has several use cases: cross-chain tokenized assets, cross-chain collateral, cross-chain liquid staking, cross-chain NFT minting, cross-chain gaming, and account abstraction. It also allows for cr ..
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 Holds Above 14% Gains As Crypto Market Slumps Heavily){kind=link}