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ChainLink 4-Month High Comes With Declining Supply and Uptick in Discussions!

@SanSights
1 min read
08.05.2026
LINK


🔗🥳 ChainLink has spiked to a high of $10.48, its highest market value since January. Crypto’s 15th largest market cap has had a resurgence in discussions across social media throughout this week, and this has likely contributed to this mini breakout.


👋 Additionally, we are seeing a major drop of $LINK supply on exchanges. Over just 5 weeks, there are -13.5M less LINK on exchanges, which has made up more than 10.5% of the existing supply on exchanges from early April.


👀 Follow along with LINK’s daily exchange supply and social volume with this custom Santiment chart here!

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