Chainlink price is changing hands at $8.59 today, a major decline from its all-time high of $52.88 recorded five years ago. Over the past week, LINK coin has dropped approximately 4%, largely driven by macroeconomic factors, with Bitcoin dominance rising to 58.04%. As a result, capital is being pulled out of altcoins amid geopolitical tensions and unexpectedly high U.S. inflation data.
It’s important to note that the Chainlink crypto price decline is not due to any specific project-related issues; rather, it tends to exhibit higher volatility than Bitcoin, especially on days when the broader market prioritizes risk aversion.
Spot LINK ETF Streak Intact While Canton Network Comes Online
Chainlink volume dropped sharply to $414.02M on the day, down 23.51%, representing 6.76% of the market cap. That’s not capitulation-level selling, but it does confirm buyers aren’t stepping in aggressively at current levels.
Away from the tape, the fundamental picture has gotten more interesting. US-listed spot Chainlink ETF products have recorded net inflows every single week since launching in December 2025, per SoSoValue data. Weekly numbers are modest, typically between $2 million and $5 million.
But the streak remains unbroken, and those products now account for 1.26% of LINK’s total market cap. That suggests consistent institutional accumulation rather than speculative positioning.
Simultaneously, Chainlink data standards went live on the Canton Network, a platform that processes $350B in daily U.S. Treasury repo volume and $8T in tokenized RWA monthly. The integration includes Data Streams, Proof of Reserve, and NAVLink. CCIP is expected to follow.
Canton also joined Chainlink’s SCALE program, with Chainlink Labs stepping in as a Super Validator, meaning the operational infrastructure is being subsidized at a protocol level, not just bolted on. With 70%+ of DeFi value reportedly secured by Chainlink and 2,600+ projects in the ecosystem, the RWA angle is becoming a genuine demand driver rather than a narrative placeholder.
Chainlink Price Eyes 300% Cycle Move Despite Near-Term Pressure
On the technical side, analysts are split, not on direction necessarily, but on timeframe. Sjuul of AltCryptoGems flagged earlier this week that LINK had lost resistance and deviated back below it, completing what he describes as an inverted Power of 3 pattern.
He suggests that the structure points to further downside expansion from here, and this week’s LINK price action is consistent with that call playing out.
The chart shows price working through a defined support zone with a liquidity pocket sitting below. That lower liquidity level is the next magnet if selling pressure doesn’t stabilize soon.
Chartist Coin Compass takes the longer view. Their macro chart maps two prior cycles, +150% and +100% moves respectively, and argues Chainlink coin price is currently setting up for a third cycle breakout with a projected move of approximately 300%. That setup is still forming, and nothing in today’s session invalidates it, but it’s a weeks-to-months thesis, not a near-term trade.
For the Chainlink price prediction to shift constructively in the short term, LINK needs to reclaim the resistance level rather than continue to deviate below it. That means, until buyers step in with conviction and volume recovers, the Sjuul scenario carries more weight on the daily timeframe.
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