$LINK hits a new 2026 high: more than 100% up since June Chainlink reached a new 2026 high this week. On the daily chart, LINK/USDT peaked at $15.77 and is now trading around $14.73, a 4.6% pullback on the day. The chart shows the move clearly. LINK climbed from around $7.3 in early July, broke out in mid-August, consolidated through September, and then pushed above the upper Bollinger Band on the highest volume of the period. Today's red candle took the price back inside the band. RSI has cooled to 66 after nearly touching 70, so momentum is still strong but no longer stretched. On-chain data explains part of what's happening. According to Santiment, the number of wallets holding LINK fell to 912,020, which suggests some smaller holders are taking profit. Analysts note that this isn't necessarily bearish, because larger players may be absorbing that supply. The fundamentals are growing too: 🔹 Chainlink launched CCIP 2.0, and total CCIP transfer volume has passed $24B 🔹 Coinbase chose Chainlink as the oracle infrastructure for its tokenized stocks 🔹 Wyoming expanded its use of Chainlink for the state-backed FRNT stablecoin Is LINK's rally about tokenization demand, or just momentum catching up? #LINK #Altcoin Season#
