The Chainlink has surged to a new 3-month high of $33.84. The coin has soared over 112% in the past 6-weeks. In the last 24 hours, LINK has recorded a 12% surge. The altcoin is also trading above the 200-MA, indicating a bullish resurgence in price. The key reason behind the recent surge of Chainlink is its development activity on the blockchain.