1 month ago
10
Key Takeaways
- LINK trades at $7.335, near 2026 lows, down 7.5% on the week.
- Chainlink posted its two strongest wallet-growth days of 2026 back-to-back.
- Exchange supply is declining, structurally reducing available LINK.
- The price structure stays firmly bearish despite the on-chain signals.
LINK trades at $7.335, down 7.5% on the week but up 1.5% on the day, and underneath that weak price, the network just posted its two busiest wallet-creation days of the entire year. That divergence between price and activity is the story worth examining.
The Network-Growth Signal
Chainlink recorded its two strongest network-growth days of 2026 back-to-back: 3,142 new LINK wallets on June 25 and 3,040 on June 26. Per Santiment, those two days spike dramatically above everything else this year, where the baseline had been running at a few hundred new wallets a day at most. Back-to-back records at price lows specifically point to fre...
English (US)