Investor enthusiasm pushed LINK, a cryptocurrency released by blockchain company Chainlink Labs, to a nearly three-year high this week, in a sign of renewed market interest in decentralized finance, or DeFi.
LINK hit $30.68 on Friday before dipping slightly, the highest value it’s reached since 2022. The token, which has oscillated between $9 and $12 for the last few months, gained 11% this week, and has almost doubled in value since the beginning of the year.
