LINK price hit its highest since April 2022 as the comeback gained steam.

The world’s 13th-largest cryptocurrency topped $18 during European hours, its highest since April 3, 2022 and a 15% gain in the 24 hours, according to CoinDesk data. LINK price rose by nearly 30% in a week, surpassing major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). The rally follows the strength of a three-month range where it hovered between $13 and $17, signaling a continued recovery from its June 2023 low near $5.