I wouldn’t sleep on THETA here. I’m still incredibly bullish on SoFi over the next few months as you have tokens like ARENA and the FT (Friend.tech) airdrop that will be rolling out and bringing more attention back to the sector.”

Pseudonymous trader Kaleo tells his 632,300 followers on the social media platform X that Theta Network (THETA), a platform for decentralized video delivery, could soar by more than 200% as the social finance (SoFi) space finds renewed interest.

The market participants appear to have shifted their focus away from the token, due to which, the price remains stuck within a region. However, Chainlink is a standard when it comes to bridging the gap between Web 2 & Web 3, such as tokenizing real-world assets. Therefore, it can be considered a sleeping ‘gaint’ that may soon surprise everyone with more than a double rally.

The LINK price so far has traded fairly, as it is in more than 2x profit. The short-term price action suggests the bulls are trying hard to keep up the levels above $18, which indicates a rise beyond $20 could be pre-programmed if the LINK price records a bullish breakout above $19.1 and sustains throughout the weekend.

The ripple effects of Chainlink’s ascension to the top of the developer activity rankings are palpable, triggering a notable reshuffling of the blockchain leaderboard. Former stalwarts such as Polkadot and Kusama have witnessed declines in their positions, making way for dynamic newcomers like Status and Optimism to claim their seats at the table.