A lot of crypto projects live in the speculative land of “if”
Chainlink $LINK is one of the few projects that live in the land of “when”
It’s no longer a question about if Chainlink will be adopted by financial institutions, that’s already happening
The only question left is around each partner’s timeline for a full production launch rollout of their respective Chainlink-powered products (of which some already have)
That’s the Chainlink difference, real tangible usage and adoption within the largest markets globally
Our industry is used to seeing fake partnerships with TradFi, so I think there's almost a learned habit to ignore them because so many went nowhere in the past.
This is not like the rest. It's genuinely all real. You can just do 10 minutes of research to verify it.
Trillion dollar companies. Trillion dollar volumes will eventually flow through Chainlink.
11,000 banks (Swift) brought onchain via Chainlink.
Real live products, alongside all of their DeFi infra offerings.
None of this is priced in. Quants and analysts in the space have done zero maths.
No one even realizes how large Chainlink's annual revenue is currently.
Chainlink revenue is: SCALE deals + BUILD deals + fee sharing (GMX, SNX, JOJO, other data streams users) + point of use services like CCIP (this is the thing that will grow extraordinarily due to TradFi usage).
For reference, right now most L2s and L1s are paying Chainlink $10-30M annually to provide oracle services for their chain on behalf of their apps. That's likely somewhere in the range of $200-500M in revenue just from SCALE.
It will be extremely obvious in hindsight, and most on CT will miss it because they will be unable to pivot and away from old heuristics like "muh, dino coins pump less".
Chainlink isn't a dino coin. Dino coins are akin to memecoins where the token just exists and nothing about the project has changed in years.
Chainlink grows stronger year on year as one of the most innovative start ups in crypto, building new products that push adoption in the space forward. They literally bootstrapped all of DeFi when they launched price feeds. They probably have the most powerful network effects of any business, and possibly the biggest moat with their TradFi and capital markets partnerships.
Chainlink are the single biggest beneficiary of a new friendly US regime.
They have been held back immensely, and had to be extremely careful with the token's utility due to a corrupt SEC and regulation by enforcement.
This isn't hopium. The only thing that was unclear was the timeline for all of this to play out, which is much clearer now because of the US regulatory unlock.
The $LINK token has tested the patience and sanity of even the most ardent supporter, but the marines are going to be right, and I think it's their time.
5/ And, this was the quickest bank run ever, as it was nearly all digital. In the "old" days, bank runs were slower as it took in person visits/phone calls. When so many deposits move out, it puts pressure on the asset based of securities/loans to cover
So you crazy degens. USDC is now trading at a price that assumes that the $3.3b in SVB is 100% loss, and that there is no recover or interest.
Some of you all really don’t get how USDC works, huh?