TLDR
- LINK price sits at $14.44, up 0.95% in 24 hours, holding above $14 support.
- Chainlink ETFs logged a third straight day of inflows, with $2.62 million added on October 1.
- Combined ETF net assets reached $244.34 million, equal to 2.27% of LINK’s market cap.
- Chainlink open interest climbed to $771.91 million even as trading volume fell 21.53%.
- CCIP 2.0 launch drove a 10% single-day price jump and LINK is up 18% for the year.
Chainlink price rose 0.95% over the past 24 hours, trading at $14.44. The move tracked a broader rally across the crypto market, with Bitcoin holding above $86,000 and Ethereum above $2,700.
LINK has climbed more than 30% over the past month. The gains followed the launch of CCIP 2.0, an upgraded version of Chainlink’s cross-blockchain messaging protocol.
Total crypto market capitalization rose 2.37% to $2.93 trillion. XRP also gained, rising 3% to $1.53 over the same period.
Chainlink ETF Inflows Extend to Three Days
Two Chainlink exchange-traded funds recorded $2.62 million in net inflows on October 1, according to SoSoValue data. Bitwise’s CLNK fund took in the full amount, while Grayscale’s GLNK saw no net change that day.
Combined inflows across both funds have reached $168.96 million since launch. Total net assets stood at $244.34 million, representing 2.27% of LINK’s overall market capitalization.
On a weekly basis, the two funds posted $8.30 million in net inflows. Daily trading volume across both funds totaled $14.99 million, with Grayscale responsible for $14.56 million of that figure.
Grayscale’s fund held $175.69 million in net assets. Bitwise’s fund held $68.64 million.
Trader Symba, an analyst who posts as @Nebulabsxyz, weighed in on the technical setup. He said LINK is undergoing a sharp pullback, with a high chance price tests the rising trendline support around $12.70 to $13.00 before finding a bounce.
Symba added that if the trendline holds, LINK could recover toward $14.00 to $14.50, followed by a retest of the recent high near $15.50. He called $12.70 the key level for bulls to defend.
$LINK is undergoing a sharp pullback, with a high chance that price tests the rising trendline support around $12.70–$13.00 before finding a bounce.
If this trendline holds, LINK can recover towards $14.00–$14.50, followed by a retest of the recent high around $15.50.
The… pic.twitter.com/lh7aSXb0Ew
— Trader Symba (@Nebulabsxyz) October 2, 2026
Technical Levels and Open Interest
LINK traded at $14.451 on October 2, up 0.56% on the latest four-hour candle. The token has held above $14 support since retreating from its late-September peak.
The four-hour relative strength index read 52.27, pointing to a modest positive bias but a mostly neutral momentum. The MACD line sat at 0.048, below its signal line at 0.083, with a negative histogram of -0.035.
A move above $15 resistance could open the path toward $16. Holding $14 would keep the current consolidation structure intact.
A failure to hold $14 could bring the $13 area back into play. A deeper drop could test support near $12.20, a zone that triggered a rebound in September.
Chainlink’s derivatives market saw trading volume fall 21.53%, with turnover reaching $589.69 million. Despite the drop in volume, open interest rose 0.08% to $771.91 million, showing outstanding contract exposure stayed largely flat.
CCIP 2.0, released at the end of September, added new security features to Chainlink’s cross-blockchain interoperability protocol. The upgrade is tied to the growing asset tokenization sector, where Chainlink has positioned itself as an infrastructure provider.
Chainlink is up 18% year-to-date, outperforming Bitcoin, which remains down 5% for the year. The CCIP 2.0 launch triggered a 10% single-day price jump for LINK when it was announced.
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