- LINK price fell 3.37% in 24 hours as the Altcoin Season Index hit 33.
- Deloitte completed a SOC 2 Type 2 attestation for Chainlink CCIP and Data Feeds.
- Chainlink treasury holds ~3.19M LINK tokens valued at roughly $29.5 million.
- A popular analyst targets $20 as next major resistance.
Chainlink price is down 3.37% over the last 24 hours and almost 50% in the last six months, currently trading at $9.17, with a 24-hour range of $9.16 to $9.54. The CMC Altcoin Season Index dropped 5.71% to 33, putting the broader market squarely in Bitcoin Season, while BTC pushed back to $79,000, a level it hasn’t held since February.
LINK’s selloff isn’t isolated, as capital is rotating out of altcoins, and even well-positioned protocols aren’t immune.
The drawdown comes amid strong fundamental catalysts, suggesting that Chainlink’s (LINK) long-term prospects remain positive.
CCIP Wins Major Bank Partners While LINK Treasury Keeps Growing
On April 21, Deloitte & Touche LLP completed a SOC 2 Type 2 examination covering Chainlink CCIP and Data Feeds, including Price Feeds and SmartData feeds such as Proof of Reserve and NAV. That positions Chainlink as the only oracle platform to hold SOC 2 Type 2, SOC 2 Type 1, and ISO/IEC 27001:2022 certifications.
Unlike the Type 1 evaluation, the Type 2 test evaluates security controls over an extended operating period, which is the standard institutional risk team actually requires before deployment.
The day after, Grayscale highlighted CCIP as Chainlink’s most significant adoption driver, pointing to its role in cross-chain cash payments and atomic settlement. JP Morgan and ANZ were cited as live deployments, and networks including Avalanche, Base, BNB Chain, Ethereum, Hedera, and Monad have all integrated the protocol.
The Chainlink stack itself powers over 70% of DeFi and has enabled more than $29 trillion in transaction value over seven years.
The protocol’s own treasury activity adds another layer. Weekly LINK purchases have continued since August 2025, with the most recent acquisition logged on April 15–16. Total holdings stand at approximately 3.19 million tokens, with a current value of around $29.5 million, and zero recorded sell-side activity since the start of accumulation.
READ MORE: Hyperliquid Price Rebounds but $42.68 Resistance Looms
Chainlink Price Tests Support After Trendline Break
On the weekly chart, the Chainlink price prediction picture is structurally divided. Across 15 moving average readings, 12 are selling signals. EMA 200 sits at $13.61, SMA 200 at $12.45, both far above the current price and acting as medium-term resistance ceilings that haven’t been tested in months.
Oscillators are quieter, with the RSI at 37.64, which is neutral and not yet oversold. MACD at -1.84 has printed a buy signal, and Momentum (10) turned fractionally positive at 0.38. Both are early, fragile reads, not a trend shift.
Analyst World of Charts noted on April 22 that the Chainlink coin recently cleared a multi-month descending trendline. The next test is a horizontal resistance area; a clean break there opens a measured move to $17.28, roughly 88.2% from current levels.
Analyst Don, writing April 17, placed the next major resistance at $20, where a sustained break would project a measured move toward $50. Bulls have held what he describes as a historically significant accumulation zone, with prior resistance now functioning as support.
Neither scenario advances while price trades under $9.50 and the moving average stack stays in strong sell alignment. Volume at $579.12 million over 24 hours, down 6.64%, reflects a market that isn’t pressing in either direction yet.
READ MORE: MSTR Stock Has Surged by 75%: Here’s Why and What to Expect
