ChainLink (LINK) has been rising in value since early January on the back of investor activity, with analysts at Santiment estimating that targeting activity has reached its highest level since 2021, with LINK rising to $6.34 on Friday, January 13.
The altcoin is trading at its highest level since mid-December 2022, with market capitalization up nearly 14% in one week to $3.221 billion.
LINK activity remained weak throughout 2022. At the time, the market was dominated by bearish sentiment, and almost all high-risk assets, including cryptocurrencies, suffered losses.
At the beginning of 2023, network activity increased sharply …