Chainlink's (LINK) Price Surges Nearly 40% on Tokenization of Real-World Assets Narrative

The tokenization of real-world assets has caused a surge in the price of Chainlink's (LINK) by almost 40% in the past 30 days. On-chain analysis tool Lookonchain reported that a large investor, known as a "whale," withdrew 2.7 million LINK tokens from Binance using 49 new wallets during this period. The wallets hold anywhere from $230,000 to $3.5 million in LINK each, and one has transferred more than $9 million in LINK tokens from the exchange in the past 10 days. Analysts believe that LINK is the safest way to profit from the ever-strengthening tokenization of real-world assets narrative, which could be worth $16 trillion by 2030.