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    3. web3: Foreign Media: LINK Demand May Be Supported by New Mechanism

    web3: Foreign Media: LINK Demand May Be Supported by New Mechanism

    By: rootdata|2026/08/14 12:11:00
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    CoinWorld reports:

    Foreign media analysis suggests that after a prolonged weakness, the market focus for LINK is shifting from the price itself to how Chainlink can convert network usage into token demand. The article outlines three main lines: adjustments to the token mechanism, changes in whale holdings, and the potential decline in Bitcoin's dominance.

    Payment Mechanism Changed to Uniformly Convert to LINK

    The article states that Chainlink will launch Payment Abstraction in March 2025, allowing users to pay service fees with stablecoins or gas tokens, which will then be uniformly converted to LINK. By August 2025, the Chainlink Reserve is expected to have cumulatively purchased approximately 5.3 million LINK at an average price of about $11.19.

    In June 2026, the Build program will also adjust its settlement method. An increasing number of partnership agreements will switch to direct payments in LINK, or settle first with liquidity assets before converting to LINK and transferring to reserves. According to this logic, if network usage continues to grow, the passive buying demand for LINK may also increase.

    The article mentions that there are currently about 750 million LINK in circulation, with approximately a quarter of the supply planned to be gradually released before 2029. Whether the reserve mechanism can continuously absorb new supply is seen as a key point for observing LINK's medium to long-term performance.

    Significant Increase in On-Chain Large Transactions

    On-chain data platform Santiment shows that on August 12, there were 246 transactions of LINK exceeding $100,000 within 24 hours, reaching a five-month high. Addresses holding between 100,000 and 10 million LINK currently control about 466.31 million tokens, accounting for approximately 46.57% of the total supply.

    The article also cites on-chain analyst Ali Martinez, who notes that transactions of LINK exceeding $1 million have also significantly increased recently. Meanwhile, the MVRV indicator has shown a so-called "golden cross," and the monthly TD Sequential has issued a buy signal. Foreign media believe that if large holdings continue to accumulate, it may amplify the new token mechanism's support for the market.

    If Altcoin Rotation Warms Up, LINK May Target $13 to $14

    In terms of price, LINK previously fell below $14 and failed to regain the daily 200-day moving average, subsequently retreating to the $7 to $7.5 range. The article states that LINK is currently testing this moving average position again.

    In comparison to Bitcoin's performance, LINK has been in a sustained weakness against BTC for about 1,880 days, but the long-term downward trend line is facing a test. Meanwhile, Bitcoin's dominance, after a sustained upward trend for about 1,300 days, has begun to show signs of decline.

    The article suggests that if Bitcoin's price stabilizes and its dominance falls back to around 55%, LINK may reopen upward space, with a target range of $13 to $14. According to this assessment, the $7 to $10 range remains a larger fundraising area. The core variable is whether Chainlink's new value capture method can continuously convert institutional usage, corporate revenue, and network activity into real demand for LINK.

    -- Price

    --

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

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