Grayscale Boosts Chainlink Narrative, Yet Demand Signals Don’t Confirm a Full Recovery

Grayscale's recent investment activity has significantly enhanced the narrative surrounding Chainlink, suggesting a renewed interest in the cryptocurrency and its potential for future growth. However, despite this positive reinforcement from Grayscale, the current demand signals in the market do not yet indicate that a full recovery for Chainlink is imminent. Investors and analysts remain cautious, as they await clearer signs of increased buying pressure and broader market enthusiasm that would confirm a sustained upward trajectory for the asset. source: https://blocknews.com/grayscale-boosts-chainlink-narrative-yet-demand-signals-dont-confirm-a-full-recovery/