Chainlink climbs above $13.40 on ETF inflows and Infosys partnership
- —LINK trades above $13.40, up over 7% this week
- —Spot LINK ETF inflows reached $5.04 million through Thursday, a third straight week
- —LINK funding rate turned positive, hitting 0.0098%; long-to-short ratio at 1.02
- —Infosys, with a $40 billion market cap, is standardizing adoption of the Chainlink platform
Why it matters: Institutional demand and the Infosys deal reinforce LINK's role as banking infrastructure; holding above key EMAs supports the bullish trend.
Source: FXStreet Crypto