Chainlink's Price Breaks Down from Trendline as Aave Adopts CCIP

Chainlink's price has broken down from a short-term trendline on its hourly chart, currently trading around $7.93.

The recent trendline breakdown is accompanied by news of Chainlink adoption in the DeFi space, as Aave has adopted Chainlink CCIP as the cross-chain infrastructure for its mobile app.

This move adds real-world usage behind LINK and builds long-term confidence, even if the short-term chart is experiencing a rough patch.