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#Gate广场创作者新春激励 Link has recently shown a trend of large holders continuously increasing their positions. On-chain data indicates that the 0XF440 wallet has extracted 170,000 Link tokens from bn, worth approximately $10.89 million; the 0X1170 wallet has recently extracted 63,400 Link tokens from Cb (valued at $860,000), and has been accumulating Link over the past three months, currently holding 580,000 tokens with an average cost of about $12.5, totaling a value of $6.76 million. The continuous accumulation by large holders demonstrates recognition of Link's long-term value. As a core oracle project in the DeFi space, Link has irreplaceable advantages in cross-chain data transfer, smart contract security, and especially in the RWA (Real World Assets) sector. Its role in RWA is even more indispensable, and the ongoing development of DeFi and RWA will further expand Link's application scenarios.
From a fundamental perspective, Link is currently priced at $13.5, with a valuation of $13 billion, a circulating market cap of $9.6 billion, and no unlocking pressure in the future. It has been listed for many years, backed by institutions, and has also submitted an ETF application. Its leading position in the oracle field is unlikely to be shaken in the short term. Although emerging oracle projects are appearing, they do not pose substantial competition. However, it should be noted that the $13 billion valuation limits its growth potential, making it a "safe but relatively steady return" asset type.
From a fundamental perspective, Link is currently priced at $13.5, with a valuation of $13 billion, a circulating market cap of $9.6 billion, and no unlocking pressure in the future. It has been listed for many years, backed by institutions, and has also submitted an ETF application. Its leading position in the oracle field is unlikely to be shaken in the short term. Although emerging oracle projects are appearing, they do not pose substantial competition. However, it should be noted that the $13 billion valuation limits its growth potential, making it a "safe but relatively steady return" asset type.