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
Dogecoin Sees Rising Long Bets While Price Stays Under Pressure
Dogecoin's long positioning increases as traders expect a rebound, yet significant short positions and declining trading volume suppress price movement. The market lacks direction, showing a sideways to slightly bearish outlook as the price struggles to gain momentum.
CryptoNewsLand46m ago
Dogecoin Eyes Breakout as Bollinger Bands Signal Price Shift
Key Insights:
Dogecoin trades near resistance as Bollinger Bands tighten, signaling reduced volatility and an increasing likelihood of a sharp directional price movement soon.
Declining trading volume reflects market hesitation, yet reduced selling pressure may still support upward
CryptoNewsLand51m ago
ETH 15-minute rise of 0.58%: large on-chain transfers strengthen liquidity, and combined with easing ETF selling pressure, it lifts spot buying demand
2026-04-07 17:30 to 17:45 (UTC), over the past 15 minutes ETH’s return was +0.58%. The price ranged from 2085.28 to 2115.38 USDT, with a swing of 1.44%. Trading activity was active during this period; market attention rose quickly, short-term fluctuations intensified, and capital flow liquidity increased noticeably.
The main driving force behind this unusual move was that large on-chain transfers were concentrated and occurred around the same time. Some long-term holdings were transferred to exchange addresses, greatly boosting market liquidity and causing an increase in the depth of spot buy orders. In addition, the trend of ETF fund outflows was significantly reduced in this window
GateNews1h ago
Chainlink Price Holds Steady as $9.75 Resistance Draws Focus
Key Insights
Chainlink trades within a defined range as a neutral RSI and steady volume create conditions for a potential breakout once momentum strengthens in the coming sessions.
Resistance at $8.89 remains critical as a confirmed move above this level could push the price toward the
CryptoNewsLand1h ago
Cardano Holds Key Support as Whale Activity Signals Shift
Key Insights:
Whale accumulation increased steadily since March, with large holders absorbing supply near lows while retail activity remained subdued during weak price action phases.
Stablecoin liquidity on Cardano doubled year over year, strengthening market depth and supporting stronger
CryptoNewsLand1h ago
“Insiders Dumping Everything Except Oil” Claim Hits Tape: BTC, PI, And XRP Reaction
A viral post claimed insiders were liquidating assets except for oil, reflecting traders' concerns about geopolitical tensions and macroeconomic stress. The narrative highlights oil's resilience amid cautious sentiment in crypto markets like BTC and XRP, impacted by factors like Trump's Iran threats.
LiveBTCNews2h ago