Chainlink (LINK) has seen significant token outflows, with over $120 million leaving exchanges in the past month, according to IntoTheBlock. This suggests investors are shifting towards long-term holding, potentially driving prices up if demand remains strong.
Currently, Chainlink is trading around $14.92, with a market capitalization of approximately $9.8 billion. While some analysts offer varied predictions, technical indicators suggest potential price fluctuations.
Chainlink continues to expand its partnerships, including collaborations with Swift, DTCC, and Fidelity, focusing on core development and tokenized real-world assets (RWAs). These collaborations strengthen Chainlink's position as a leading provider of oracles for enterprise solutions.