Link Futures Open Interest Reaches Record High

According to BlockBeats, recent data from Glassnode reveals that the open interest (OI) for LINK futures has reached an unprecedented high of $770.27 million. This figure significantly surpasses the open interest for Toncoin (TON), which stands at $259 million, and TRON (TRX), at $356 million. In addition, CoinGecko data indicates that LINK has experienced a substantial price increase, rising by 20% over the past seven days and achieving a remarkable 119% increase over the past month. This performance positions LINK as one of the top-performing cryptocurrencies in recent weeks.