Chainlink Price Surges Past $15 as CCIP Powers Cross-Border CBDC Swap

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Chainlink (LINK) has captured fresh investor interest as it has surged to the forefront of crypto development, recently surpassing Ethereum (ETH) in GitHub activity.

This momentum coincides with Chainlink’s interoperability protocol, known as CCIP, successfully enabling a cross-border exchange between Hong Kong CBDC and an Australian dollar stablecoin swap. This happened successfully under Hong Kong’s e-HKD+ Pilot Program.

Meanwhile, June’s second week had energized LINK’s momentum, and following this announcement, it has added a 12% intraday rise with its price surging past $15.00, and since June 6th, it is up over 20%.

Its CCIP has become a core strength of its ecosystem’s growing real-world adoption. This has reignited optimism for LINK token’s long-term value proposition. As a result, experts are optimistic and some are even predicting it to go $30 soon.

Chainlink Leads RWA’s By Development In Past 30 Days

As per recently shared santiment research, among the top 10 cryptocurrencies, Chainlink is the leading RWA tokenization infrastructure provider. It is leading in the list in development with development activity at 449 in the last 30 days, while the bottom holder had 43.27 in the list. 

Moreover, the latest insights shared on June 11th highlighted that LINK is 7.7% up and ETH is up 6.3% in development activities in the past 30 days. This is optimistic, as both LINK and ETH are breaking out as development activities carries them. In the past 30 days, the LINK had the second-most notable GitHub events, while ETH is in eighth place.

As it deepens its ties with major financial institutions with the execution of high-profile pilot programs, rising Github dominance, and leading in the RWA providers’ list. These all point to optimism for LINK, amid the growing outlook for the entire crypto sector.

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EXperts Eyeing Chainlink Price To Reach $30 Faster

The Chainlink price has, in recent weeks, grown above the $15 mark from almost the $13 mark. This move has pushed its price beyond the 20-day and 50-day EMA bands.

It is inching toward the $19 resistance area while the 200-day EMA band is in the way. If it jumps, then LINK could test $19 in the ongoing June.

While an expert considers a $30 target to come much faster, despite being one of the top 20 by market cap. As he strongly believes that not all memecoins can do 100% gains as small caps, the LINK rise is imminent with the upcoming alt season, and this multi-billion crypto could claim 100% gains.

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