Chainlink’s on-chain activity remained comparatively strong despite weaker price action and a large wallet’s transfer of approximately 2.41 million LINK, worth more than $26 million, to Coinbase over the past month. The tokens were acquired through Binance and deposited gradually, which may create selling pressure but does not confirm liquidation because the activity could reflect security arrangements or portfolio rebalancing. LINK traded around $11.80 after rising roughly 86% from its July low near $7 and recently reaching almost $13. Santiment reported that active addresses rose from 3,599 in early August to 5,572 before settling at 4,821, while daily new addresses climbed from 974 to 1,601 before easing to about 1,140. Chainlink’s address growth exceeded comparable gains of 7.5% for Solana and 5.2% for Ethereum. The network surpassed $30 trillion in cumulative enabled transaction value, and weekly CCIP volume increased 260% to $1.3 billion. World selected Chainlink as the data provider for a Solana-based product with more than 1 million people on its waitlist.