LINK Stuck Near 6-Year Support Despite Major Partnerships With Robinhood and Ondo
Chainlink (LINK), one of many main oracle platforms, has struggled to discover a restoration all through February. Despite a number of items of optimistic information, promoting stress has remained persistent.
As value motion reaches a help degree that has held for six years, February might be the decisive second for LINK to enter a brand new value section.
Positive Developments in February Fail to Offset Selling Pressure
Price knowledge reveals that the present degree round $8.4 aligns with a long-term help trendline that has held since 2020. This makes LINK’s value habits within the coming days a key reference level for analysts when forming longer-term projections.
Recent indicators from strategic partnerships may, in concept, strengthen LINK’s attraction.
Robinhood has launched a public testnet for Robinhood Chain, a Layer 2 community on Arbitrum designed for tokenized belongings. More importantly, Chainlink serves because the platform’s oracle provider. The integration permits builders to leverage Chainlink’s knowledge feeds, interoperability, and compliance requirements to help superior tokenization use instances.
Similarly, Ondo Finance, a platform centered on tokenized real-world belongings, has selected Chainlink as its official data provider. The objective is to speed up the adoption of tokenized shares and ETFs. This collaboration allows tokenized U.S. securities to function throughout Ethereum’s DeFi ecosystem, secured by institutional-grade knowledge.
“Using Chainlink, DeFi protocols can now value Ondo Global Markets belongings with best-in-class accuracy, handle positions safely, and present customers with extra safety throughout unstable market circumstances,” Ondo Finance stated.
The advantages from the Robinhood and Ondo partnerships haven’t translated into a right away value enhance. Weak overall market sentiment seems to be the principle constraint. LINK confirmed no clear rebound from the six-year help degree when these bulletins have been launched.
On one other entrance, exchange-side promoting stress has intensified. Exchange Inflow (Top 10) rose sharply in February 2026.
This metric measures the overall quantity of cash from the highest 10 influx transactions to exchanges. Elevated values point out that enormous volumes of LINK are being deposited without delay. This habits usually indicators rising sell-side stress.
The same spike occurred in September final 12 months. LINK’s value started to say no shortly afterward. The metric has now began rising once more. This pattern might counsel that some giant holders are getting ready to liquidate, including to downward value stress.
Sustained promoting stress may push LINK beneath its six-year help. However, partnerships with Robinhood and Ondo nonetheless present long-term optimism. A meaningful recovery will seemingly require a extra favorable market setting to align with Chainlink’s underlying fundamentals.
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