What is ChainLink?

ChainLink (LINK) is an infrastructure / oracle network token currently ranked 22nd by market capitalization across all crypto assets we track. Infrastructure tokens reward network participants — oracles, indexers, compute providers — for the services they supply to applications.

Market position

At the current price of $7.64, ChainLink carries a market capitalization of $5.18B. Daily trading volume across exchanges sits at roughly $209.58M. That works out to a 24-hour turnover of about 4.05% of the float — consistent with healthy market activity for a mid-to-large cap asset.

Price action across timeframes

Over the past 24 hours, ChainLink has moved -2.52%; over the past week, ChainLink has moved -10.80%; over the past 30 days, ChainLink has moved -1.40%; over the past year, ChainLink has moved -36.11%.

Cycle position

ChainLink is currently trading far below its all-time high (all-time high of $53.01, -85.6% from peak). . From its all-time low of $4.93, current pricing represents a +55% recovery.

Supply & dilution

The circulating supply stands at 1,000,000,000 LINK. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts ChainLink in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals -1.40%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate ChainLink

A balanced read on LINK typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is LINK performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Chainlink (LINK) is a decentralized oracle network that enables smart contracts to securely interact with real-world data and off-chain resources. It aims to bridge the gap between blockchain technology and external data sources for enhanced functionality. Source: CoinPaprika.com