Coinspeaker
10 hour ago
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BULLISH 📈 : Chainlink records $5M revenue growth amid strong developer activity

Chainlink's Recent Developments:

  • After five months of decline, Chainlink's LINK price shows signs of recovery.
  • The token has been struggling since reaching an all-time high of $52 in May 2021, currently trading at $11.92 with a market cap of $8.44 billion.
  • Santiment reports second-highest developer activity for Chainlink among AI and Big Data platforms over the past month.

Financial Growth:

  • Chainlink’s protocol revenue reached $5 million in the last four weeks, up from $964,000 in Q1 2025.
  • This substantial growth indicates increased network utility and activity.

Investor Activity:

  • Retail investors and crypto whales are accumulating LINK, with 10.15 million LINK tokens moved out of centralized exchanges since December 2025.
  • This withdrawal suggests reduced selling pressure from short-term traders.

Market Sentiment and Outlook:

  • Santiment notes increased negative social media sentiment around Chainlink, indicating potential for a price rebound as retail investors may sell due to fear, uncertainty, and doubt.
  • Investors should watch broader market trends and the impact of upcoming U.S. Fed decisions and tech earnings on the crypto market.