BTC - Why Solana Chainlink and Polygon Popped This Week
2023-10-27 16:26:00 ET
The crypto market really came to life this week as speculation got to a fevered pitch over the potential approval of a Bitcoin (CRYPTO: BTC) ETF. Nothing has been given the go-ahead by the Securities and Exchange Commission (SEC) yet, but investors are definitely getting out in front of the potential news with Bitcoin up 14% over the past week.
More interesting moves came from smaller tokens that could provide utility to the industry. According to data provided by S&P Global Market Intelligence , as of 3 p.m. ET, the value of Chainlink (CRYPTO: LINK) is up 44% since the market's close last week, Solana (CRYPTO: SOL) is up 18.2%, and Polygon (CRYPTO: MATIC) has jumped 13.2%.
What jumped out to me this week was Vodafone and Chainlink working together to "demonstrate the transformation of global trade through blockchain innovation."
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Why Solana, Chainlink, and Polygon Popped This Week