LINK Surges to 2021 Levels as Trump’s World Liberty Buys More Chainlink Tokens

Chainlink’s LINK token neared $30 on Friday, with futures open interest (OI) reaching record highs of over $860 million, signaling strong market confidence. World Liberty Financial (WLFI), a Trump-backed crypto platform, purchased $1 million worth of LINK for the second day in a row, raising its LINK holdings to $2 million. LINK has become WLFI’s fourth-largest holding after ETH, BTC, and USDT.

WLFI leverages Chainlink’s oracle services for price data and cross-chain interoperability. This integration has fueled investor demand for LINK, which is crucial for paying node operators.

LINK’s price has surged 22% in the past week and over 130% since WLFI adopted Chainlink, marking price levels not seen since early 2021. Rising OI alongside this price bump indicates bullish sentiment, with investors betting on continued growth.