Chainlink Price Performance: Chainlink (LINK) is currently trading at $23, reflecting a 3% weekly decline but a significant 39% increase over the past month and a 114% rise year-to-date, driven by its growing role as a decentralized oracle network.
Partnerships and Use Cases: The U.S. Department of Commerce has partnered with Chainlink to bring government economic data on-chain, enhancing its utility in decentralized finance (DeFi) and tokenized assets, as seen in its collaboration with Ondo Finance for tokenized U.S. stocks and ETFs.
