Overview
- Chainlink reported adding 46,441.67 LINK to its Reserve, lifting holdings to 417,461.17 LINK as of Oct. 2.
- LINK trades around $22–$23 with immediate resistance near $24 and key support around $22, with potential retests of $19–$20 if support fails.
- Spot activity remains elevated with roughly $922 million to $967 million in daily volume and a market cap near $15.2–$15.4 billion.
- CoinGlass data show active derivatives trading but lighter leverage, with volume near $1.6 billion and open interest down 2.9% to $1.32 billion.
- On-chain adoption indicators include 1,963 new wallets on Oct. 1, while product and enterprise traction feature a Swift Hackathon win and DataLink enabling real-time data from firms such as Deutsche Börse.