Chainlink
Why Chainlink is down 4.1% today
Analysis
Chainlink (LINK) fell 4.1% over the past 24 hours as ETF flow rankings showed LINK being pushed out of the top 10 by Zcash (ZEC), Hyperliquid (HYPE), and Monero (XMR), signaling comparatively weaker demand in tracked flows. Broader market attention also shifted toward institutional stablecoin infrastructure after Standard Chartered announced RLUSD custody services in Dubai and plans for an LMAX collateral link, which may have diverted near-term focus away from LINK.
Contributing Factors (2)
Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure.
Zcash (ZEC), Hyperliquid (HYPE), Monero (XMR) Push Out Cardano (ADA) and Chainlink (LINK) From Top 10
The market is changing rapidly, but the composition of the market's top-10 is surprisingly stable.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.