$LINK is “Essential infrastructure”
I’ve said for a long time that $LINK will evolve into a non-cyclical asset. It won’t be affected by recessions or bear markets as the ecosystem matures. Finance doesn’t pause during downturns. Banks don’t stop offering financial products in a bear market. SWIFT doesn’t shut down because equities are red.
Bull or bear, on-chain finance keeps moving.
A generational long term opportunity. None own enough.
🚨JUST IN: Grayscale Research calls Chainlink “essential infrastructure” for tokenized finance.
They believe $LINK helps blockchains connect to real-world data, making tokenized assets work safely.
This is what really makes me question my investment in $LINK (and all Non-L1s)
LINK has been mentioned by the DTCC numerous times. Not once has it had a 24 hour gain like $XLM just did.
Not to mention the endless other announcement/integrations with other Tier 1 financial institutions
@CountCrypto42 Covert fudders? 😂 It's an honest observation on an app that's designed for open discussion. You see the same thing going on in the ethereum community right now. It's okay to question your investment from time to time. Doesnt mean I'm selling.
.@The_DTCC explains how #Chainlink enables the combined transfer of value and data across hundreds of blockchain networks, supporting the transition to near instantaneous settlement within financial markets.
@Level9Labs Are you referring to unit bias? If so, I agree with what you're saying but if you're saying it's because xlm is cheaper then no..They have the same market cap.
This is actually part of my entire thesis. L1 gas fees are in a race to zero. Margins collapse and value flows to the orchestration layer. Except it doesn't seem like institutional players are seeing that. How? Clarity maybe but idk. I have a hard time believing clarity is the only thing holding institutions back right now. Not selling my bag by any means but watching this market the past few years just makes me question some things