LINK Price Climbs Following Chainlink’s Deal With US Commerce Department, Eyes $30
August 28, 2025 · 3:22 PM
Chainlink (LINK) has surged above $25 following a partnership with the US Department of Commerce, resulting in a 6% price increase. The collaboration aims to bring key US economic data on-chain, including GDP and the PCE Price Index, through new Chainlink Data Feeds. This data will be updated regularly and is initially available on ten blockchain networks. The partnership may enhance Chainlink's visibility and demand, with LINK having risen 120% year-to-date.
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