Chainlink (LINK), one of many main oracle platforms, has struggled to discover a restoration all through February. Regardless of a number of items of constructive information, promoting strain has remained persistent.
As value motion reaches a assist degree that has held for six years, February might be the decisive second for LINK to enter a brand new value section.
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Optimistic Developments in February Fail to Offset Promoting Strain
Value knowledge exhibits that the present degree round $8.4 aligns with a long-term assist trendline that has held since 2020. This makes LINK’s value conduct within the coming days a key reference level for analysts when forming longer-term projections.
Latest indicators from strategic partnerships might, in concept, strengthen LINK’s attraction.
Robinhood has launched a public testnet for Robinhood Chain, a Layer 2 community on Arbitrum designed for tokenized property. Extra importantly, Chainlink serves because the platform’s oracle supplier. The mixing permits builders to leverage Chainlink’s knowledge feeds, interoperability, and compliance requirements to assist superior tokenization use instances.
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Equally, Ondo Finance, a platform targeted on tokenized real-world property, has chosen Chainlink as its official knowledge supplier. The objective is to speed up the adoption of tokenized shares and ETFs. This collaboration permits tokenized U.S. securities to function throughout Ethereum’s DeFi ecosystem, secured by institutional-grade knowledge.
“Utilizing Chainlink, DeFi protocols can now value Ondo International Markets property with best-in-class accuracy, handle positions safely, and supply customers with extra safety throughout risky market situations,” Ondo Finance acknowledged.
The advantages from the Robinhood and Ondo partnerships haven’t translated into a right away value improve. Weak total market sentiment seems to be the primary constraint. LINK confirmed no clear rebound from the six-year assist degree when these bulletins have been launched.
On one other entrance, exchange-side promoting strain has intensified. Trade Influx (Prime 10) rose sharply in February 2026.
This metric measures the full quantity of cash from the highest 10 influx transactions to exchanges. Elevated values point out that enormous volumes of LINK are being deposited without delay. This conduct usually indicators rising sell-side strain.
An identical spike occurred in September final 12 months. LINK’s value started to say no shortly afterward. The metric has now began rising once more. This pattern might recommend that some massive holders are making ready to liquidate, including to downward value strain.
Sustained promoting strain might push LINK beneath its six-year assist. Nevertheless, partnerships with Robinhood and Ondo nonetheless present long-term optimism. A significant restoration will possible require a extra favorable market surroundings to align with Chainlink’s underlying fundamentals.