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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Despite its recent correction to kick off the New Year, the cryptocurrency market may have some big plans for Chainlink (LINK). LINK is recovering from a 13% dropoff to start the year, and analysts are bullish on the asset to rebound. One bullish price prediction in particular has the altcoin climbing 50% and returning to $30. When exactly can this surge happen? Currently, LINK has a resistance level blocking it from growing beyond $23. However, a push beyond this mark in the coming weeks could set the stage for a LINK surge. The asset is set to test this resistance mark, and a successful retest could trigger bullish momentum towards $32. The only downside: this rebound may still be one month away. According to a price forecast from CoinCodex, LINK is set to reclaim $30 in the second week of February. If all goes to plan, the altcoin will begin slowly rebounding beyond the $23 resistance level in the next two weeks. Come the end of January, CoinCodex projects ADA to $26, which is the e...

Monthly trading volume on decentralized exchanges (DEXes) has reached new all-time highs, according to the latest on-chain data. According to blockchain data aggregator DefiLlama, DEX volume for December was $422 billion, the highest ever on record. The month of November was also an all-time high, according to DefiLlama. Source: DefiLlama Uniswap, Ethereum’s (ETH) biggest DEX, recorded the most amount of volume while Raydium (RAY), the largest DEX on Solana, placed second. Most other chains saw an increase in volume, and DeFI as a sector is growing, perhaps getting a boost from President-elect Donald Trump who has ostensibly given a nod of approval to the sector by launching his own platform – World Liberty Financial (WLFI). The incoming president’s project says that its main mission is to spread US dollar-pegged stablecoins and the concept of DeFi throughout the world. According to World Liberty Financial, stablecoins are the crux of DeFi, and its...