Chainlink Price Hits 8-Month High on Rising Adoption
Chainlink (LINK) has reached an 8-month high after rising $13.64 on September 7, its first time at this price since January 18, 2026.
The increase in open interest to $784 million, the highest OI reading for Chainlink since October 2025, also suggests a strong demand for LINK.
This surge in price comes amid an increase in adoption, with analyst Chris Barret noting that Chainlink has facilitated $34 trillion in transactions and DeFi TVS rising from $33.98 billion to $40.02 billion in one month.