- Chainlink’s price surged over 20% in 24 hours, reaching $16.62 at the time of writing on Friday.
- LINK jumped after the Depository Trust & Clearing Corporation (DTCC) announced the successful completion of a Smart NAV pilot.
- Bitbot, a pioneering non-custodial crypto trading bot on Telegram, continues to gain momentum during its presale.
Chainlink and the Depository Trust & Clearing Corporation (DTCC) announced the successful completion of a pilot program aimed at tokenizing funds. The news sent Chainlink’s native token, LINK, soaring more than 20% within 24 hours, making it one of the top-performing altcoins.
Meanwhile, Bitbot’s presale is drawing increasing attention as the ICO nears its final stages.
Chainlink and DTCC complete Smart NAV pilot
On the 24th, the Depository Trust & Clearing Corporation (DTCC) confirmed it had successfully concluded a pilot program called “Smart NAV.”
Smart NAV is an initiative designed to deliver fund net asset values (NAVs) on-chain using a standardized method.
To achieve this, the pilot leveraged DTCC’s digital asset capabilities alongside Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to provide reliable on-chain data feeds.
Ten major financial institutions participated in the pilot, including BNY Mellon, American Century Investments, Edward Jones, Franklin Templeton, Invesco, JPMorgan, MFS Investment Management, Mid Atlantic Trust, and State Street.
Chainlink price jumps 20%
Chainlink’s token price reacted strongly to the announcement, climbing more than 20% to a high of $16.62. Trading volume over 24 hours surged by 251%, topping $1.2 billion.
The positive market response underscores growing institutional interest in tokenization, with many projects using Chainlink’s CCIP to enable secure and interoperable data flows on-chain.
So far, the real-world assets (RWA) narrative has attracted major initiatives, including large-scale programs from world-leading asset managers such as BlackRock.
Bitbot’s AI-powered bot launches on Telegram
Bitbot is positioning itself to become one of the largest crypto trading bots in the Telegram app ecosystem this year.
The project, which claims to pioneer the first non-custodial AI-powered trading bot, is currently in presale. As its token sale accelerates through stage 13, early investors have helped the project raise more than $3.4 million.
The official platform launch will occur after a 15-stage ICO concludes, at which point Bitbot intends to enter a rapidly expanding market.
According to available data, the bot’s decentralized exchange (DEX) trading volume has surpassed $22 billion and its user base exceeds 1.6 million.
That rapid growth suggests Bitbot’s feature set could drive a new wave of adoption across the industry.
What does Bitbot offer?
Amid renewed bullish sentiment for cryptocurrencies and rising demand for automated trading, Bitbot’s non-custodial trading solution aims to be a meaningful game changer.
Bitbot users will reportedly retain full control of their assets through Knightsafe’s MPC wallet technology, providing robust security without relinquishing custody.
Importantly, Bitbot seeks to level the playing field for retail traders by offering institutional-grade trading tools: AI automation, copy trading, gem scanners, trade sniping, and more.
Bitbot also implements a revenue-sharing mechanism that allows BITBOT token holders to earn a daily share of platform revenues.
At the time of writing, the Bitbot token price is $0.018, representing a potential entry point for investors seeking significant upside.
To participate in the Bitbot presale, visit the project’s presale page.