Grayscale Increases Chainlink Holdings Amid Price Drop, Shows Confidence in DeFi’s Prospects
- Grayscale surged LINK holdings to 1.3M tokens, quadrupling over two years despite 50% price drop, signaling long-term DeFi infrastructure bet. - Price decline pushed LINK to critical support level with low Exchange Supply Ratio, suggesting potential stabilization and buying opportunities. - Research highlights Chainlink's role in securing dApps and enabling tokenized assets, with major banks like UBS already adopting its infrastructure. - Grayscale filed a spot LINK ETF (GLNK) for December 2025 launch, m
Grayscale Investments' portfolio in
The recent price drop,
Grayscale’s optimistic outlook stands in contrast to LINK’s recent price action, which has mirrored the broader downturn in the crypto market. Nevertheless, the company’s research stresses Chainlink’s distinct role in securing decentralized applications (dApps) and supporting enterprise-level adoption.
Market analysts observe that Grayscale’s accumulation strategy is similar to its approach with
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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