
Space and Time Crypto Surges 30%: Will Chainlink Follow Suit After SXT?
Space and Time crypto experienced a significant 30% increase following its integration with Microsoft Fabric. Analysts speculate on the potential for Chainlink's price to rise next.
Space and Time Crypto Surges 30%
Space and Time crypto (SXT) skyrocketed by 30% following the announcement that its data will be integrated into Microsoft Fabric, the tech giant’s analytics platform.
SXT Labs, financially supported by Microsoft’s M12 venture fund, will enhance Microsoft developers’ ability to leverage secure data sets from Bitcoin (BTC), Ethereum (ETH), and Sui Network (SUI).
📣 It was announced at #MSBuild: Space and Time indexed blockchain data will be integrated with @Microsoft Fabric.
Microsoft developers will gain access to this blockchain data via Fabric, covering Bitcoin, @SuiNetwork, and @ethereum.
Extended Collaboration with Microsoft
The development team at Space and Time has announced that this enhancement is a significant step in their long-standing partnership with Microsoft, which dates back to their initial strategic funding in 2022. SXT’s value surged following this collaboration’s announcement and is currently priced at $0.139.
“We’re thrilled to expand our collaboration with Microsoft to provide verifiable blockchain data to enterprises, institutions, and developers building on Fabric. This integration allows for numerous new data-driven use cases across financial services, Web3 apps, and AI built on Microsoft technology.” – Nate Holiday
Moreover, the integration opens more inclusive data access avenues for various institutions, as stated by Sruly Taber, who emphasized its role in democratizing technology.
What’s Next for Chainlink?
After the SXT surge, analysts are now watching Chainlink (LINK) closely. Currently priced at around $15.95, it has recently breached a key resistance of $15.5. Should this strength continue, a rally to reach $26.5 is forecasted, but much hinges on Bitcoin’s performance, which teeters near its all-time highs.
As altcoins wait for Bitcoin’s cue, investors closely monitor the potential upcoming Federal Reserve meetings, which may impact market dynamics significantly.