Key Notes
- Santiment analyst expects LINK to rally, at least for the short term.
- Chainlink recorded one of the highest developer activities over the past 30 days.
- More than 10 million LINK tokens have left exchanges since mid-December.
Multiple indicators have been pointing to a strong rebound for Chainlink’s
LINK
$11.96
24h volatility:
0.5%
Market cap:
$8.46 B
Vol. 24h:
$383.89 M
price after five months of constant bearish momentum.
LINK has struggled to approach its all-time high of $52 set in May 2021. The token reached $27.70 on August 23, 2025, and has been declining since.
According to the market intelligence platform Santiment, Chainlink recorded the second-highest developer activity among the “AI and Big Data” platforms in the past 30 days.
Strong Growth in Chainlink Protocol Revenue
Data from DefiLlama shows that Chainlink’s gross protocol revenue over the past four weeks alone has reached $5 million.
Compared to Q1 2025, which recorded a revenue of $964,000, the network registered an impressive growth of over five times.
While the token’s price has been seeing selloffs, the network itself is becoming more active and useful. The notable rise in Chainlink’s revenue also proves stronger real usage.
Massive LINK Accumulation
Retail investors and whales have also been heavily accumulating LINK.
According to data from Coinglass, 10.15 million LINK tokens have left major centralized exchanges since December 20, 2025. Currently, 118.65 LINK coins are sitting in CEXs.
Strong outflows from exchanges would also mean less selling pressure from short-term traders.
Crypto whales have also been actively buying LINK as its price fell below the $13 mark.
Related article: Chainlink Whales in Sell-off Mode, Here’s Impact on LINK PriceLINK has fallen 3% over the past seven days and is currently trading at $11.92. Its market capitalization stands at $8.44 billion.
According to Santiment, the amount of negative social media activity around Chainlink has significantly increased over the past week.
The analyst notes that when retail investors sell out of fear, uncertainty, and doubt, the asset is likely to rebound in the short term.
Despite the notable growth in Chainlink’s technical and fundamental indicators, investors should also keep an eye on the broader market activity and momentum.
The upcoming U.S. Fed meeting, combined with the earnings reports from the tech giants, will undoubtedly have a strong impact on the crypto market.
nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitmine advances to the NYSE Main Board! Tom Lee: U.S. stocks may have bottomed out, and selling pressure on Ethereum could ease
Bitmine has officially transferred from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a sharp drop in its stock price, it has still increased the share repurchase plan amount to $4 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and stock price performance.
CryptoCity36m ago
Bitmine advances to the NYSE main board! Tom Lee: U.S. stocks may have hit bottom, and selling pressure on Ether could ease
Bitmine has officially moved from the U.S. segment of the New York Stock Exchange to the main board, marking an important milestone for the company. Although its share price has fallen sharply, it has still increased the share repurchase plan limit to $4 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.
CryptoCity3h ago
Bitmine Upgrades to the NYSE Main Board! Tom Lee: US stocks may have bottomed out, and selling pressure on Ether could ease
Bitmine has officially moved from the New York Stock Exchange U.S. board to the main board, marking a major milestone for the company. Despite a sharp drop in the stock price, it has still increased the share repurchase plan to $4.0 billion. The company holds a large amount of Ethereum, and expects that a rebound in the crypto market will help strengthen its assets and stock price performance.
CryptoCity6h ago
RAVE’s hype surge triggers a flood of copycat coin mania, as FF and INX expose the “pump-and-dump” scheme
Recently, altcoins represented by RAVE have sparked a fierce investment craze, but some old star projects like FF and INX have used this wave of hype to carry out “pump-and-dump” operations—rapidly driving up coin prices to lure retail investors to buy, and then dumping them heavily, causing the price to plunge rapidly. Such behavior not only exposes the project team’s funding difficulties, but also damages investors’ trust. Investors need to stay alert to signals like abnormal short-term surges in order to avoid the risk of being manipulated by the market.
MarketWhisper6h ago
Bitmine gets promoted to the NYSE main board! Tom Lee: US stocks may have bottomed out, and sell pressure on Ether could ease
Bitmine has officially moved from the NYSE American board to the main board, marking an important milestone for the company. Despite the sharp decline in its share price, it has still increased the share repurchase plan amount to $4 billion. The company holds a large amount of Ethereum, and it expects that a rebound in the crypto market will help boost its assets and share price performance.
CryptoCity10h ago
Why Is Bitcoin Up Today? Hormuz Blockade Triggers Short Squeeze and a BTC Test of $75k
On April 13, Bitcoin rose from its early-session low of 70,741 to trade as high as $74,900 during the session, approaching the $75,000 level. The main drivers came from two directions: after Trump ordered the blockade of the Strait of Hormuz, traders began to view Bitcoin as a geopolitical hedge asset; and a massive net short position that had been building as funding rates stayed persistently negative was met with liquidation, triggering a chain of liquidations totaling millions of dollars near the $70,000 support level.
MarketWhisper11h ago
