On September 4, Chainlink (LINK) shot past the $12 mark. The token pumped about 8% in 24 hours and is up nearly 50% over the past month. Market cap sits around $9 billion, with fully diluted valuation (FDV) close to $12 billion. As of publication, LINK ranks 13th among all crypto assets by market cap.

Partnering Up with Bottomline

On September 3, the Chainlink team announced a strategic partnership with Bottomline—one of the top three service providers for SWIFT’s payment system. The news gave LINK some serious bullish momentum, fitting right into the ongoing crypto market rally.

Market Moves and Rankings

Breaking through $12 lined up with the market cap expanding to about $9 billion, keeping LINK firmly in the top 15—currently sitting at #13. The FDV, sitting around $12 billion, reflects the token’s value if the full supply was in circulation. With a daily pump of 8% and nearly 50% gains this month, LINK has been riding a strong wave lately.