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Chainlink's LINK token rises above $13 amid $26M wallet transfers to Coinbase and strong network adoption.

Analyst Insights
07 Sep 2026
Blockonomi
View Source
Bullish
Chainlink's LINK token rises above $13 amid $26M wallet transfers to Coinbase and strong network adoption.

Chainlink's LINK token surged to $13.07, up 7.1%, following a large wallet transfer of 620,420 LINK (worth $7.6 million) to Coinbase, part of $26 million moved over three weeks. The token shows strong technical momentum with a potential breakout above $12 that could push prices to $15 or even $20, according to analyst Investor Jordan. Network adoption grows as Wyoming’s FRNT stablecoin becomes the first US public stablecoin to use Chainlink Proof of Reserve, and Chainlink’s Cross-Chain Interoperability Protocol processed $4.9 billion in Q2, up 353% year-over-year. Increased trading volume and open interest indicate rising trader activity, signaling a potentially strong Q4 for LINK.

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