Cryptocurrency Chainlink (LINK) continues to climb higher despite the current bearish market.
Therefore, investors are increasingly giving full confidence to LINK following its consistent price increase.
According to LINK on Twitter, its platform has increased 15 integrations across the BNB, Ethereum, Moonbeam and Polygon networks in order to attract new investors using their services.
He added that the development of LINK has attracted the interest of most whales to invest in its token over the past three months.
The proof is that LINK managed to get the top 1,000 ETH whales holdings while whales have holdings of the digital asset amounting to $46 million.
However, the address of active users on the network is shrinking even though investors and institutions show a deep interest in the LINK token.
This follows because LINK lacks social response in the media which has caused its value to drop by 18.89% over the past week, but so far the digital asset is still maintaining its momentum due to the crypto community saying more positive things than the other way around.
Meanwhile, LINK price jumped 1.92% while trading volume fell by 6.49% in the last 24 hours.
However, LINK has the potential to make improvements as it will launch a staking protocol in December and incentivize users by issuing rewards to stakers.