Chainlink Rival Band Protocol Surged 65% Overnight — 3 Reasons Why

Cointelegraph

Published Aug 06, 2020 07:12AM ET

Updated Aug 06, 2020 04:40PM ET

Band Protocol (BAND), a rival blockchain network to Chainlink (LINK) — which is also at an all-time high — surged by 65%. Within 24 hours, BAND rose from $4.825 to $8, setting a new record high.

Three major catalysts appear to have triggered the rally of BAND, namely the DeFi (decentralized finance) boom, Coinbase listing and new partnerships.

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