A major Chainlink (LINK) investor ended a 30-day accumulation period and transferred a batch of 984,550 tokens to the U.S. exchange Coinbase. The whale's move interrupted a quiet phase in the market and sparked concerns among crypto market participants about a possible sell-off.
Chainlink surged 5.20% to $9.49, leading the day's gainers, while Pi Network dropped 3.20% to $0.0871.
Chainlink price reaches $9.47 as volume doubles, while analysts favor entries below $9.20 and $8.60 before a move toward $11.
Nillion's integration with Chainlink's CCIP enhances token liquidity and trading opportunities, potentially boosting its market presence and adoption. Nillion rises 22% following integration of Chainlink's CCIP.
Although momentum has remained weak as the broader crypto market continues to struggle amid persisting volatility, Chainlink has managed to retain investors' confidence even amid such negative market conditions.
The Chainlink (LINK) price has finally broken out of the consolidation structure that had been developing since June. After recovering from lows near $7, LINK pushed above the $9.04 resistance and is now trading around $9.45, marking a clear shift in its short-term technical structure.
Despite poor returns, steady inflows into the Bitwise Chainlink ETF highlight investor confidence in regulated crypto exposure options. Bitwise Chainlink ETF pulls in $1.5M in weekly inflows despite brutal returns since launch.
Chainlink price rose 10% this week as an analyst's MVRV golden cross signal pointed to a possible 30% rally.
MVRV, whale activity and network usage strengthen as LINK tests a key technical level.
On Monday, Standard Chartered announced coverage initiation for Chainlink (LINK), establishing a $200 valuation objective for 2030. The financial institution's roadmap anticipates LINK reaching $13 by late 2026, advancing to $82 in 2028, and climbing to $133 throughout 2029.
Chainlink has unveiled Chainlink for Agents, a comprehensive infrastructure solution built to enable autonomous AI agents to function securely and dependably within blockchain ecosystems.
Chainlink has introduced a groundbreaking infrastructure solution named Chainlink for Agents, purpose-built to equip autonomous artificial intelligence agents with essential capabilities for secure and dependable blockchain operations.