Technical infrastructure · My holdings

LINK — Chainlink

A messenger that tells blockchains what is happening in the real world, such as which price currently applies; without it contracts would know nothing of the outside.

What it is for

Set out to: supplying smart contracts with data from outside the chain.
Today in addition: Random numbers, automatic contract triggering, cross-chain transfer, Data Streams.
Notable: A token whose transfer carries a data payload with it.
Strength: integrated into many chains and applications.
Weakness: Security depends on the delivery by the node operators.

Contract address

Chain: Ethereum

0x514910771AF9Ca656af840dff83E8264EcF986CA

Unabridged and deliberately not linked: a blockchain explorer that we have not checked would be a statement we cannot support.

Score 60of 100

Market capitalization $8.44Bas stored

against Bitcoin, 90 days +16.8%^‡not against the dollar

CoinMarketCap #1975numeric identifier

Where the price stands today between its two endpoints — logarithmic, because orders of magnitude lie in between.

The four cycles

Measured on daily closing prices, never on daily highs or lows. The cycle boundaries are Bitcoin’s own highest and lowest daily closes: January 14, 2015, December 16, 2017, December 15, 2018, November 8, 2021, November 21, 2022, October 6, 2025 and the current low on June 30, 2026. A day counts only if at least ten thousand dollars were traded on it. The price against Bitcoin is given in satoshi — one satoshi is one hundred-millionth of a bitcoin.

Cycle	Lowest daily close	Highest daily close	Rise low → high	Fall high → low
2015 to 2017January 14, 2015 to December 16, 2017	existed, but not measurable — reliable exchange days only from June 27, 2019
2018 to 2021December 15, 2018 to November 8, 2021	$1.5715,154 satSeptember 14, 2019	$52.3489,757 satMay 9, 2021	in dollars +$50.77 (+3,234%)against Bitcoin +492.3%from $1.57 on September 14, 2019 to $52.34 on May 9, 2021	in dollars -$38.60 (-73.7%)against Bitcoin -48.6%from $52.34 on May 9, 2021 to $13.74 on July 20, 2021
Only partly measured: reliable trading only from June 27, 2019. What lay before that in the window is not recorded; the figures above are the endpoints of the measured part, not those of the whole cycle.
Year by year
2019: in dollars -24.0% (from $2.32 to $1.76) · against Bitcoin +18.4%
2020: in dollars +524.5% (from $1.80 to $11.25) · against Bitcoin +54.6%
2021: in dollars +190.1% (from $11.88 to $34.47) · against Bitcoin +26.3%
2022 to 2025November 21, 2022 to October 6, 2025	$5.1319,126 satJune 19, 2023	$29.2528,003 satDecember 15, 2024	in dollars +$24.12 (+469.8%)against Bitcoin +46.4%from $5.13 on June 19, 2023 to $29.25 on December 15, 2024	in dollars -$18.34 (-62.7%)against Bitcoin -48.9%from $29.25 on December 15, 2024 to $10.91 on April 8, 2025
Year by year
2022: in dollars -5.1% (from $5.87 to $5.57) · against Bitcoin -9.5%
2023: in dollars +165.3% (from $5.63 to $14.94) · against Bitcoin +4.2%
2024: in dollars +28.4% (from $15.56 to $19.97) · against Bitcoin -39.2%
2025: in dollars +7.7% (from $21.69 to $23.37) · against Bitcoin -18.5%
since 2026, ongoingJune 30, 2026 to September 17, 2026	$7.1912,284 satJune 30, 2026	$13.2416,476 satSeptember 6, 2026	in dollars +$6.05 (+84.1%)against Bitcoin +34.1%from $7.19 on June 30, 2026 to $13.24 on September 6, 2026	in dollars -$2.36 (-17.8%)against Bitcoin -12.6%from $13.24 on September 6, 2026 to $10.88 on September 15, 2026
Year by year
2026: in dollars +58.3% (from $7.19 to $11.38) · against Bitcoin +21.3%

If the high of a window comes before the low, the rise is calculated from the low to the next interim high within the same window.

The four questions that are always answered

Net supply and issuance pressure6 of 20 Starting valuation and size leverage3 of 14 Survivability12 of 12 Relative strength against Bitcoin2 of 6

the score is calculated from all twelve criteria. What the twelve questions measure and what has been corrected about the measurement is on the method page.

The remaining criteria are not recorded individually for this asset; the total comes from the assessment of August 28, 2026.

The figures in detail

Price, as stored$11.28 against Bitcoin, 7 days-3.1%^‡ against Bitcoin, 30 days+8.7%^‡ listed on CoinMarketCap sinceSeptember 2017 Age since listing8.9 years Fees relative to valuation0.740% Supply still locked25.2% hard supply capyes Carried by Nexocarried Trading venues of 15 checkednot collected

‡ The percentages come from a snapshot of August 28, 2026 and are not calculated from daily closing prices. Whether and when they will be recalculated together is decided by the model revision on December 8, 2026.

Finding

Payment abstraction has taken LINK out of the payment path

Investors and partners: $32 million from the initial sale in 2017. No notable institutional backers named — awards no points, because projects with large backers did not perform better.

Nexo: Carried by Nexo — purchase page documented on September 1, 2026.

No investment advice, no price forecast, no buy or sell recommendation. A high score does not mean “will rise”. It means the asset scores better on these questions than the others.