Overview

• LINK is trading just above $22 after rebounding from late‑September lows near $20, with a market capitalization around $14.84 billion and 24‑hour volume near $1.09 billion.
• Analysts highlight a descending channel that has repeatedly capped rallies, flagging resistance near $23.7–$25 and identifying $21.8–$22 as the key short‑term pivot.
• Technical scenarios point to downside risk toward the $20–$19.8 area and potentially $18.5–$15.7 if support fails, while a breakout above roughly $24.3 could target $26–$27.8 and, in some outlooks, the December high near $30.81.
• BNB Chain has adopted Chainlink’s data standard to bring official U.S. Department of Commerce data onchain, a move presented as expanding developer use cases across DeFi and digital‑asset issuance.
• On‑chain data cited in reports show exchange balances falling from about 274 million to 264 million LINK as whale holdings rise and Chainlink’s on‑chain reserve grows to 417,460 LINK, while some commentary points to SmartCon and unconfirmed spot LINK ETF prospects as potential catalysts.