Chainlink (LINK) has made a sharp 20% recovery from the crash during the past day, as the network has seen a spike in address activity. Chainlink Has Returned Above $9.8 After Recovery Rally The cryptocurrency sector had opened the week with a sharp crash, and Chainlink was no exception, as its price had slammed down towards the $8 level after being above the $11 mark during the weekend. Related Reading: Bitcoin MVRV Lowest Since FTX Crash, Signal To Buy? In the past day, the market has seen some respite, but LINK has particularly stood out with a surge of almost 20%, which has taken its price back above $9.8. The below chart shows what the recent trend in the asset has looked like. Out of the top 20 coins by market cap, only Solana (SOL) and Shiba Inu (INU) rival Chainlink in returns over the last 24 hours. Despite the big jump, though, LINK is still nowhere near making a full recovery from the recent downturn. Nonetheless, the surge would still provide some hope to its investors. As for the cause behind this ..
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