Chainlink recorded 1.26 million tokens in net exchange outflows over 24 hours, the largest daily outflow since June 29, signaling that fewer LINK tokens are available for quick sell orders. The crypto asset started July near $7.85, briefly slipped below $7.6 before recovering and reaching around $8.86, then pulled back toward $8.2 by August. According to Santiment, the DTCC processed tokenized securities trades with Chainlink among its technology providers, and CCIP expanded support across Canton, Robinhood Chain and institutional networks. Whale activity picked up significantly while Chainlink ranked second in Santiment’s RWA development ranking behind Hedera. Major projects including Kraken’s kBTC, Solv Protocol and BitGo migrated to Chainlink, partly driven by the $292 million KelpDAO exploit on LayerZero earlier this year.
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