Chainlink's token, LINK, has seen a resurgence in price, recently climbing to over $28, a level not reached since November 2021. This recovery follows a favorable shift in regulatory sentiment after the SEC's recent developments, particularly regarding its classification as a security. With a 50% increase in DeFi's total value locked, demand for LINK is expected to rise, despite its current price being 46% lower than its all-time high.
