Chainlink (LINK) Returns to 2021 Levels Amid Major Purchase by Trump’s World Liberty

Chainlink’s LINK Climbs to $30 as Trump-Linked World Liberty Financial Boosts Holdings

Chainlink’s LINK token surged to nearly $30 during Friday’s Asian trading session, with open interest (OI) on LINK futures reaching an all-time high of over $860 million, signaling strong market momentum.

World Liberty Financial (WLF), backed by Donald Trump and his family, continued its aggressive accumulation of LINK. Late Thursday, the platform added $1 million worth of LINK to its portfolio for the second consecutive day, bringing its total LINK holdings to $2 million. WLF also acquired $246,000 worth of Aave (AAVE), bringing its AAVE stash to $1.2 million.

With this latest purchase, LINK has become the fourth-largest asset in WLF’s portfolio, following bitcoin (BTC), ether (ETH), and tether (USDT).

World Liberty Financial is a blockchain-powered platform for borrowing, lending, and liquidity pooling, with its WLFI token serving as the ecosystem’s governance asset. The platform integrates Chainlink’s oracle technology to enhance pricing data accuracy and cross-chain interoperability, further strengthening its operations in the crypto space.

Chainlink’s infrastructure allows smart contracts to access real-world data, external APIs, and off-chain systems, driving demand for LINK tokens, which are used to compensate node operators for their services.

The market has responded enthusiastically to WLF’s involvement with Chainlink, with LINK prices climbing 22% in the past week and surging over 130% since WLF first started accumulating the token. These gains have propelled LINK to levels not seen since early 2021.

Futures market data further reinforces the bullish sentiment, as the surge in open interest suggests increased capital inflow and investor confidence in sustained price growth. Rising prices coupled with record-high OI are typically viewed as strong indicators of a continuing upward trend.