Chainlink
Why Chainlink is up 5.7% today
Analysis
Chainlink (LINK) rose 5.7% over the past 24 hours after reports that brokerage giant Charles Schwab plans to add Chainlink to its nascent crypto trading platform, a development that likely boosted expectations for broader retail access and liquidity. Cointelegraph and The Block both highlighted LINK’s inclusion alongside Solana and Avalanche, which appears to have supported the token’s move higher amid generally improving crypto sentiment.
Contributing Factors (3)
Charles Schwab adda Solana, Avalanche and Chainlink to nascent crypto platform
The financial services giant plans to expand Schwab Crypto beyond Bitcoin and Ether just months after rolling out direct crypto trading to retail clients.
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Charles Schwab to add Solana, Avalanche and Chainlink to crypto trading platform
Schwab Crypto began rolling out to clients in May with direct access to BTC and ETH trading and charges 75 basis points per transaction.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.