According to CoinMeta, the chain LINK ( LINK ) has risen by 7.13% in the past day and is currently trading at $11.82, with a monthly increase of nearly 46%. This rebound is thanks to the collaboration with SWIFT service provider Bottomline, which has enabled over 600 banks to access blockchain settlement through the chain LINK. In addition, Wyoming has incorporated the reserve proof of the chain LINK into its locally issued FRNT stablecoin, achieving real-time tracking of reserves and supply. The chain LINK needs to close above $12.7 on both the daily and weekly charts to maintain its rebound momentum. If it fails to hold above the local bottom of $7.2, it may test the historical low of $5.4.