Why Chainlink Soared Almost 15% Today

Core Insights - Chainlink (CRYPTO: LINK) has experienced significant volatility recently, with its native token surging 14.4% since 4 p.m. ET yesterday, indicating strong investor interest [1][2] Catalysts - Institutional interest is growing, exemplified by Caliber Corporation's recent purchase of an additional $2 million in LINK tokens, raising its total holdings to approximately $10 million [5] - A partnership between S&P Global Ratings and Chainlink was announced, aimed at enhancing financial institutions' visibility into the stability and holdings of various stablecoins, leveraging Chainlink's oracle capabilities [6] - Large crypto investors, referred to as "whales," have been actively increasing their LINK holdings, with reports indicating that $116 million worth of Chainlink tokens have been purchased since a recent dip [7] Long-term Outlook - Chainlink's position as a leading oracle network differentiates it from competitors and supports a solid long-term investment thesis, with recent catalysts suggesting that price dips may continue to attract buyers [8][9]