Major Institutions Choose Chainlink as LINK Remains Priced at $9 Despite Record Growth

TLDR:

  • Chainlink has enabled over $30 trillion in total value across seven years with zero recorded exploits.

  • Institutions including Swift, JP Morgan, and DTCC have independently adopted Chainlink as their infrastructure layer.

  • CCIP weekly volume surged 260% to $1.3B while 970,000 LINK was withdrawn from exchanges in one day.

  • The SEC and CFTC classified LINK as a digital commodity, strengthening its regulatory standing globally.

Chainlink continues to draw attention from major financial institutions worldwide, even as its native token, LINK, remains priced at $9.

The protocol has now enabled over $30 trillion in total value — a figure that exceeds U.S. GDP. Despite this scale, market pricing has not yet reflected the network’s growing role in global finance.

A closer look at recent data and institutional activity shows a widening gap between on-chain fundamentals and current token valuation.

Institutional Partnerships Signal Growing Confidence in Chainlink

Some of the world’s largest financial institutions have independently chosen Chainlink as their blockchain infrastructure layer. Swift, DTCC, Euroclear, JP Morgan, and Mastercard are among them.

Fidelity International, UBS, the Central Bank of Brazil, and SBI have also adopted the protocol. These organizations collectively clear, settle, and move a large portion of the world’s capital.

Amundi, Europe’s largest asset manager, recently launched a Chainlink-powered tokenized fund. The fund reached $400 million in assets under management within three weeks of launch.

Coinbase has also integrated Chainlink’s DataLink platform to push exchange data on-chain. These moves reflect growing institutional confidence in the protocol’s reliability.

The U.S. Department of Commerce now uses Chainlink oracles for GDP and inflation data feeds. The SEC and CFTC have classified LINK as a digital commodity.

Chainlink’s deputy general counsel holds a seat on the SEC’s Crypto Task Force. This regulatory positioning adds another layer of credibility to the network.

Over seven years of operation, the protocol has recorded zero exploits. This track record has strengthened its position as a trusted infrastructure layer.

As X Finance Bull noted in a post on X: “These aren’t speculative partnerships. These are the institutions that clear, settle, and move the world’s capital.” The consistency of institutional adoption across different sectors reinforces this view.

On-Chain Data Points to Tightening LINK Supply

Recent on-chain activity shows a notable shift in LINK holder behavior. Exchange outflows hit a record high, with 970,000 LINK withdrawn from exchanges in a single day.

Simultaneously, whale wallets holding one million or more LINK grew by 25% over the past year. These trends suggest long-term accumulation rather than short-term trading activity.

CCIP weekly transaction volume surged 260% to reach $1.3 billion. This cross-chain interoperability protocol is central to Chainlink’s role in connecting blockchains with traditional financial systems.

The volume increase aligns with growing institutional use of the network. It also mirrors the broader expansion in tokenized real-world assets.

ETF inflows tied to LINK have surpassed $111 million. This figure reflects growing demand from institutional investors seeking regulated exposure to the asset.

The combination of record outflows and ETF inflows points to a tightening supply environment. Market observers note that this pattern has historically preceded price discovery phases in similar assets.

At present, LINK trades at $9 despite the protocol powering over 65% of all DeFi oracle services. The network connects the world’s largest financial institutions to blockchain infrastructure.

As on-chain fundamentals continue to compound, the gap between protocol utility and token price remains a point of focus for analysts and long-term holders alike.

The post Major Institutions Choose Chainlink as LINK Remains Priced at $9 Despite Record Growth appeared first on Blockonomi.

Commentaires

Enregistrer un commentaire

Posts les plus consultés de ce blog

KuCoin Announces Decentralized Wallet: Web3 & NFTs the Aim

Image
Kucoin , In an effort to tap into the Web3 and NFT space, the exchange is launching a decentralized wallet integrated with cross-chain swapping feature. The crypto exchange giant KuCoin today announced its launch of a brand-new decentralized wallet as it moves towards Web3 and decentralized applications. KuCoin Sees the Future Users are now able to connect with the KuCoin Wallet, which is currently available in the web-based exchange platform. The mobile-based platform is still in the works and is set to launch in the near future. The platform is integrated into the KuCoin ecosystem and also supports cross-blockchain implementation. In addition, it is a one-stop place to execute various activities of a normal wallet such as buy, sell, trade, and send multiple cryptocurrencies from Bitcoin (BTC), Tether (USDT), Binance (BNB), USDC (USD) and other tokens. A New Option for a New Web KuCoin wallet, positioned as a self-custodial wallet (non-custodial wallet), enables consumers sol...
Lire la suite

Shiba Inu Update: ShibaDAO Launches Amid SHIB Price Decline

Image
TLDR: ShibaDAO introduces on-chain staking and off-chain voting for SHIB ecosystem governance. SHIB has dropped over 11% this week and remains 85% below its all-time high. DAO Factory enables users to create custom DAOs tied to DeFi, gaming, and public goods. Four DAOs now manage events, upgrades, disputes, and development within Shiba Inu’s network.   Shiba Inu’s ecosystem has introduced a new governance system, ShibaDAO, even as the SHIB price continues to slip .  The DAO framework aims to shift decision-making power from developers to the wider community. This launch represents a structural change across the Shiba Inu network, bringing staking, voting, and delegation tools to holders.  Meanwhile, SHIB has seen sharp price declines, underperforming against major assets like Bitcoin and Ethereum amid a major market dip. Despite this, community activity appears to be intensifying with multiple DAOs already operational. ShibaDAO Launch Marks Governance Milestone The @Shi...
Lire la suite

Cloud Crypto Mining: A Path to Passive Income with CGMD Miner

Image
The modern world is constantly changing and evolving, offering new opportunities. With the increasing popularity of cryptocurrencies, more and more people are looking to make money. One of the innovative methods that is gaining attention and popularity is cloud crypto mining, which provides access to passive income with a small initial investment. What is cloud mining? Cloud mining is an advanced method that utilizes rented cloud computing power to mine cryptocurrencies like Bitcoin. The primary advantage of this approach is that everything happens remotely, without the need to invest in expensive mining equipment. Instead, users can take advantage of companies that offer cloud mining services to support their income-generating efforts. This transition offers numerous benefits, including reduced equipment maintenance costs and no direct energy expenses. How to get started? For those looking to embark on this exciting venture, let’s outline the key steps to get started: Step 1: C...
Lire la suite