to securely connect to external data sources, APIs and payment systems, a feature that is becoming increasingly crucial in various blockchain applications. This factor, coupled with the current bullish market sentiment, provides a strong foundation for LINK's sustained growth.
However, it is worth noting that despite the enormous growth pace, LINK has recently formed a lower high. Lower highs usually suggest that buyers are less aggressive than before, potentially signaling a slowdown or reversal of the uptrend. While this could inspire some caution, it does not necessarily spell the end of LINK's growth story. The ongoing whale accumulation and the potential of Chainlink's technology are factors that could still drive LINK's bullish momentum.