Chainlink Price Climbs on Growing ETF Demand and Trendline Support
Chainlink's price has been steadily increasing, reaching $13.048 on September 23, 2026. The cryptocurrency's futures volume is significantly higher than its spot volume, with $639.84M in futures traded over 24 hours compared to $138.15M in spot trades.
The Chainlink news today centers on the growing interest in the SLINK ETF, which has seen significant inflows in recent months. In September alone, $8.45M has been added to the fund, following April's $18.27M influx. The combined ETFs now hold an assets under management (AUM) value well above $200M and own more than 1 in every 50 SLINK tokens outstanding.
The trendline on Chainlink's 1-hour chart has been a key indicator of the cryptocurrency's price movement. With three successful retests, the trendline's repeated bounces off the same rising support tend to reflect buyers who are becoming increasingly convinced of their position.