On August 20, #Chainlink’s oracle token LINK rose nearly 10% to over $26, outperforming the broader cryptocurrency market. A combination of factors contributed to the surge, including new institutional partnerships, whale interest, and the bullish altcoin market trend. Over the past week, whales added 1.1 million LINK ($27 million) to their wallets, reducing supply on exchanges. Social dominance and retail inflows also increased, evidenced by 9,625 new wallets in just two days. A key event for the #LINK rally is the breakout above the $26 resistance level (23.6% Fibonacci retracement at $24.03). Failure to hold above could push LINK to retest $24. $LINK