Chainlink
LINK#12LINK pays for Chainlink, a network that brings outside data to blockchains.
- Market cap
- $10.39B
- Volume 24h
- $631.61M
- All-time high
- —
- Circulating supply
- 748.1M of 1B
Passes our 8 Shariah criteria. Needs caution: business model.
- 7 pass
- 1 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Strong
Chainlink is widely used oracle and cross-chain infrastructure with growing institutional adoption and a US spot ETF, while regular releases from the company's non-circulating wallets remain the main supply pressure.
Reviewed every 3 months and on major eventsNews: Positive
Chainlink had a busy institutional news flow: CCIP 2.0 and a Swift ledger connection launched at the end of September, after deals with Bottomline and Coinbase.
Reviewed monthly and when something material happens- PositiveChainlink launches CCIP 2.0 for institutional cross-chain transfersThe upgrade gives asset issuers extra verification, built-in rule checks and configurable transfer speeds, strengthening Chainlink's core cross-chain product.
- PositiveChainlink to connect financial institutions to Swift's blockchain ledgerBanks can run tokenized deposit payment workflows on Swift's ledger through Chainlink while keeping control of their keys, widening Chainlink's role in bank infrastructure.
- PositiveBottomline taps Chainlink to link its 600-plus bank customers to blockchain settlementA large Swift services provider adopting CCIP and CRE extends Chainlink's reach into mainstream bank payments.
- PositiveCoinbase selects Chainlink for its new tokenized stocksChainlink infrastructure will support Coinbase's tokenized equities for DeFi users, adding a major exchange as a client.
Price & market
LINK trades at about 14.24, close to the 30-day high of 15.34 and inside the risk zone of 13.7–15.3. Upside to 15.3 is about 7.4%, while the downside to 12 is about 15.7%, so the near-term balance is unfavourable. Broad oracle usage, a US spot ETF and new institutional deals such as CCIP 2.0 and the Swift ledger link support the long view. Steady company token releases, high volatility and derivatives-led trading are the main threats over 2–12 weeks; the 12.8–13.4 zone offers a better balance.
- Review level
- $12.00
AI-assisted analysis. Not investment advice.
Technical analysis
4HThe trend and key levels appear once 200 candles close. About 6 days to go.
Where it trades
Section in preparation
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