Record wallet growth, expanding CCIP integrations and rising tokenized-asset activity point to continued Chainlink adoption even as LINK remains under price pressure.
Chainlink’s LINK wallets on Ethereum have reached a record 900,000, with more than 20,000 non-empty wallets added over the past month even as the token trades near $7.9. Santiment said the growth in holders during weak market conditions points to long-term confidence, with LINK down roughly 49% over the past year and about 85% below its 2021 peak. The firm linked the expansion to Chainlink’s broader role in DeFi, tokenized assets, data feeds and cross-chain settlement, alongside rising use of its Cross-Chain Interoperability Protocol, or CCIP. Recent momentum includes Aave choosing CCIP for vault rebalancing, deposits and transfers in its mobile app, while Chainlink said its latest adoption update logged eight integrations across four services and four chains. CCIP now spans 35 chains and supports 76 cross-chain tokens, and tokenized-asset value on the protocol rose 36.5% over 30 days to $330.21 million, according to RWA.xyz data recorded on July 14.