Anonymous
ID: pQ0fmCjA
6/28/2025, 7:26:33 PM No.60558555
Anons, this is a SERIOUS thread to discuss the future price of LINK. Pease, refrain from the usual back and forth. There are so many threads in the catalog for that.
OK, so let's start with the positives. Chainlink has been gaining more and more dominance in DeFi. It was also used by JPMorgan, and Visa wrote a report on the potential use of CCIP. The staking pool is likely to increase to 75M soon, and BUILD rewards are coming too.
Now, we will talk about the negatives. For some reason, all the good news has no positive effect on the price of LINK. Sometimes, LINK even dumps on good news. Some of you are going to parrot the same old "IT'S THE DUMPS!" Sure, the increase of the circulating supply is one of the reasons we topped at $31 (around previous marketcap ATH). The argument against that is the existence of other major cryptos that are dumping higher than LINK and still performed well.
The question is, will LINK ever outperform the market? The last 4 years have been so bad for the price of LINK even when the Chainlink project has been in its best. My thesis is that the reason LINK isn't pumping is twofold. One, no hype surrounds it. No one cares about an infrastructure token. The second more pressing reason is the use of the LINK token. It's a payment token for now, and there's no reason for anyone using Chainlink to hoard it. You can pay in anything, really.
So my conclusion is, LINK will never outperform the market unless full staking gets released and nodes lock LINK to attract users and face slashing when reporting faulty data.
OK, so let's start with the positives. Chainlink has been gaining more and more dominance in DeFi. It was also used by JPMorgan, and Visa wrote a report on the potential use of CCIP. The staking pool is likely to increase to 75M soon, and BUILD rewards are coming too.
Now, we will talk about the negatives. For some reason, all the good news has no positive effect on the price of LINK. Sometimes, LINK even dumps on good news. Some of you are going to parrot the same old "IT'S THE DUMPS!" Sure, the increase of the circulating supply is one of the reasons we topped at $31 (around previous marketcap ATH). The argument against that is the existence of other major cryptos that are dumping higher than LINK and still performed well.
The question is, will LINK ever outperform the market? The last 4 years have been so bad for the price of LINK even when the Chainlink project has been in its best. My thesis is that the reason LINK isn't pumping is twofold. One, no hype surrounds it. No one cares about an infrastructure token. The second more pressing reason is the use of the LINK token. It's a payment token for now, and there's no reason for anyone using Chainlink to hoard it. You can pay in anything, really.
So my conclusion is, LINK will never outperform the market unless full staking gets released and nodes lock LINK to attract users and face slashing when reporting faulty data.
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