LINK's recent rebound is related to the launch of Kalshi futures; regulatory endorsement can indeed boost confidence, but 2.4x leverage also locks in aggressive strategies. Let's see if it can hold steady on August 1st.

CoinWorld reports that after the regulated LINK perpetual contracts entered the U.S. market, Chainlink experienced a rebound, with the price rising to around the $8 range. Kalshi's LINK futures are denominated in USD, with each contract representing 10,000 LINK tokens, and a maximum leverage of 2.4x, emphasizing hedging and regulatory exposure rather than aggressive speculation. The product is cash-settled and tracks the CME CF Chainlink U.S. dollar real-time index. If it breaks through $8.10, the next resistance zone is between $8.25 and $8.44.