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Chainlink (LINK) Social Volume Reaches New High, Here&#039;s What It Signals Chainlink&#039;s social volume has reached all-time highs, according to on-chain analytics firm Santiment. Earlier in the week, Chainlink put out a tweet on its proof-of-reserve advantages. Santiment notes that there has been a big uptick in social volume for Chainlink on Twitter, shortly after the tweet was made. The blockchain analytics firm noted that the increased crowd interest may have a positive price impact. &#039;&#039;Chainlink&#039;s (LINK) social volume blasts to record highs. Just shortly after chainlink put out this post about its Proof of Reserve advantages, there has been a big uptick in social volume about the asset on Twitter.&quot; &quot;Currently sitting right at $7, the increased crowd interest may have a positive price impact,&quot; Santiment analysts wrote. At the time of publication, LINK was marginally down in the last 24 hours at $7.04. Following the implosion of FTX, more users across the industry began demanding proof of reserves. Chainlink&#039;s proof of reserve has been used by stablecoins, wrapped tokens and blockchain bridges to increase transparency on the reserves underlying new on-chain assets. Read more on U.Today <a rel="noreferrer nofollow noopener" href="https://u.today/chainlink-link-social-volume-reaches-new-high-heres-what-it-signals" target="_blank">https://u.today/chainlink-link-social-volume-reaches-new-high-heres-what-it-signals</a>
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