LINK Hits 2026 High: Chainlink Rally Outpaces Bitcoin, investors reacted to the deployment of the network’s upgraded Cross-Chain Interoperability Protocol (CCIP) 2.0.
The price of LINK rose 12% over the last 24 hours, bringing the token’s year-to-date (YTD) gains to 26% and outperforming Bitcoin (BTC), which has seen a decline of over 3% during the same period.
The release also incorporated Chainlink’s Automated Compliance Engine. The company stated that CCIP 2.0 ” directly integrates with the engine a framework for embedding always-on policy controls. according to chainlink that covers know-your-customer and anti-money-laundering checks sanctions screening transaction limits allowlist”
LINK Doubles From June Low
The token’s recent activity represents a significant turnaround from its performance during the first half of the year. After jumping approximately 15% in the first week of January, the token surrendered those gains and trended downward. LINK remained between 20% and 30% lower throughout the spring. Despite a brief rally in May, selling pressure persisted into June, with the token hitting a yearly low of roughly 41% down by late June. A gradual recovery began in July, gaining momentum in mid-August as LINK rallied back toward its breakeven point.
Chainlink is trading about 62% above its 200-day simple moving average
The asset rallied past $15 in late September, pushing LINK above its January peak to reach a new high for the year. The token is now valued at more than double its June low. Having crossed above its 200-day simple moving average in mid-August, LINK currently trades at approximately $15.31, which is roughly 62% above the $9.45 average, signaling a clear uptrend.
