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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.

More News (LINK)

Chainlink (LINK) price dips below key short-term averages amid stronger selling pressure

Chainlink (LINK) price dips below key short-term averages amid stronger selling pressure

Chainlink (LINK) traded below several short-term moving averages as selling pressure exceeded buying, signaling weaker near-term momentum. The token was priced at $12.87, down 0.75% over 24 hours, with aggressive sell volume outpacing buy volume in r...

Technical Signals
Bearish
6 hours ago
LINK, BNB, and NEAR ETFs see inflows; SOL ETF posts outflows for fifth day

LINK, BNB, and NEAR ETFs see inflows; SOL ETF posts outflows for fifth day

In the altcoin spot ETF market, Chainlink (LINK), Binance Coin (BNB), and NEAR ETFs recorded net inflows, signaling investor interest, while Solana (SOL) ETFs experienced net outflows for the fifth consecutive day. Other altcoins like XRP, Dogecoin, ...

Market News
Neutral
11 hours ago
About 14.1M LINK worth $180M moved to Binance from Chainlink noncirculating wallets on Oct 9.

About 14.1M LINK worth $180M moved to Binance from Chainlink noncirculating wallets on Oct 9.

On October 9, Chainlink noncirculating-supply wallets transferred a total of approximately 14.125 million LINK tokens, valued at around $180 million, to Binance deposit addresses. These transfers occurred in multiple transactions between 11:53 a.m. a...

Market News
Neutral
17 hours ago
Nearly 9.4M Chainlink tokens worth $120M moved to Binance in three large transfers

Nearly 9.4M Chainlink tokens worth $120M moved to Binance in three large transfers

Three large transfers totaling 9,399,997 Chainlink (LINK) tokens, valued at about $119.9 million, were moved to Binance within three hours ending October 9 at 5:03 p.m. ET. The biggest transfer moved nearly 4 million LINK tokens worth $51.1 million f...

Market News
Neutral
17 hours ago
7.4M LINK tokens worth $94.3M moved to Binance from Chainlink's noncirculating supply wallets

7.4M LINK tokens worth $94.3M moved to Binance from Chainlink's noncirculating supply wallets

Two Chainlink wallets holding noncirculating supply transferred about 7.4 million LINK tokens, valued at $94.3 million, to Binance deposit addresses in two transactions on Friday. These transfers moved tokens from Chainlink's noncirculating supply to...

Market News
Neutral
18 hours ago
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