$LINK Jumps 10% to $19.28 Amid JPMorgan, Mastercard Chainlink Integrations

Key Points

1. Chainlink's LINK token price rose 10.8% to $19.28, driven by growing demand for its blockchain data services and DeFi activity.

2. Chainlink's data feeds support risk management protocols like Aave, Compound, and MakerDAO, and emerging applications such as Proof of Reserve for real-asset tokenization.

3. The LINK token has a fixed supply of 1 billion tokens, with a fully diluted valuation of $19.28 billion and a current market cap of $13.07 billion.

4. Approximately $839.5 million worth of LINK (6.4% of market cap) is staked, reflecting its role as a service-fee token.

5. Recent integrations include JPMorgan, Lloyds, BNP Paribas, and Mastercard using Chainlink oracles for DeFi-style trade settlements and on-chain transactions.