LINK news update: Pro crypto convergence in TradFi and DeFi may start rally to $18

LINK price is on the verge of confirming a historically bullish pattern, which could send the altcoin’s price above $18.

Key point:

Convergence of TradFi and DeFi could propel LINK past $18 and start a new uptrend.

At the RWA Summit Cannes, Nelli Zaltsman, JPMorgan Kinexys’ head of blockchain payments innovation, said that decentralized finance and traditional finance are converging rapidly. The banking giant, Chainlink (LINK), and Ondo Finance (ONDO) recently completed a crosschain Delivery versus Payment (DvP) test transaction, involving a permissioned payment network and a public testnet.

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