Chainlink has experienced a resurgence from its recent lows, surpassing important moving averages. A significant factor contributing to this upward movement is the collaboration between Chainlink and Swift Payments at the Consensus Conference held in Austin, Texas this week.

Representatives from Chainlink and Swift are participating in the Consensus conference, which is expected to draw over 15,000 attendees from more than 100 countries. This event promises to be a hub of networking and knowledge exchange for the blockchain community.

The partnership between Chainlink and Swift has sparked a positive response from LINK holders, with the network implementing 12 updates across six Chainlink services on nine different blockchains. These updates cover platforms like Arbitrum, Base, Ethereum, LineaBuild, MetisL2, Optimism, OxPolygon, Scroll_ZKP, and zkSync, enhancing the functionality and reach of Chainlink's services.

Excitement is palpable within the community as the event approaches. Users like Bubbafox have shared insights on the longstanding relationship between SWIFT and Sergey, highlighting the deep-rooted connections that have been instrumental in Chainlink's development over the years.

The recent surge in Chainlink's price, up by 32% in a week, reflects a bullish sentiment in the market. Breaking above key moving averages, the LINK token has shown strong momentum, with a current trading price of $18.10 and a market cap of $10.77 billion. If the price manages to surpass the $21.50 level with sustained buyer support, further gains could be on the horizon for Chainlink investors.