Chainlink Short-Term Rally Fueled by ETF News Amid Mixed Market Signals

• Franklin Templeton eyes Chainlink for ETF inclusion, boosting investor confidence in decentralized oracle networks.

• Spot market data reveals growing buyer dominance since late November, signaling potential momentum shift.

• Weekly gains of 15.25% contrast with negative hodler activity, indicating mixed on-chain signals for long-term holders.

Discover how Chainlink price surges amid ETF news from Franklin Templeton and Bitwise. Explore spot buyer trends and hodler impacts in this crypto update. Stay informed on LINK’s market dynamics today.

What is driving Chainlink’s recent price gains?

Chainlink price experienced a notable uptick of 2.74% over the past 24 hours, primarily driven by developments in the ETF space. Franklin Templeton, a prominent asset manager, is evaluating the inclusion of major altcoins like Chainlink in its crypto index ETF, which has generated optimism among investors. Additionally, the Depository Trust & Clearing Corporation (DTCC) has shifted Bitwise’s Chainlink spot ETF to the pre-launch category, further fueling short-term bullish sentiment in a predominantly bearish market.

How are on-chain metrics influencing Chainlink’s market position?

On-chain indicators for Chainlink present a nuanced picture, with spot market activity showing signs of recovery while long-term holder behavior remains cautious. According to data from CryptoQuant, the spot taker cumulative volume delta (CVD) has turned positive since November 22, reflecting that buyer-initiated trades are outpacing sellers over the past three months. This metric, which tracks the net difference in taker buying and selling volumes, suggests increasing control by buyers in the spot market—a critical area where immediate price movements occur.

When the spot taker CVD rises steadily, it often precedes bullish phases, as taker orders directly influence liquidity and price discovery. For Chainlink investors, this shift could indicate the onset of renewed interest, particularly as the network’s oracle services continue to underpin decentralized finance applications. However, this positive signal is tempered by other metrics, highlighting the need for sustained volume to confirm a trend reversal.

Source: CryptoQuant

In contrast, Glassnode’s analysis of hodler net position change reveals persistent selling pressure from long-term investors. This indicator, which measures monthly shifts in positions held by investors for over 155 days, has stayed negative since early October. Negative readings point to net outflows as hodlers liquidate holdings, potentially capping upside potential despite recent price bounces.

This ongoing trend, though showing slight deceleration, underscores a broader caution among seasoned Chainlink participants. It aligns with the asset’s downtrend initiation in October, where market-wide corrections impacted altcoins. Experts from Glassnode note that such behavior often reflects profit-taking during volatile periods, but it could stabilize if ETF approvals provide clearer regulatory tailwinds.

Source: Glassnode

Technical indicators from TradingView further illustrate this dichotomy. On the one-day chart, Chainlink’s Money Flow Index (MFI) stands at 35, signaling seller dominance without reaching oversold extremes. The MFI, which combines price and volume to gauge buying or selling pressure, has struggled to recover since October’s downturn.

This persistent downward momentum, coupled with evident selling pressure, suggests that while short-term sparks from ETF news provide relief, a sustained rally requires breaching key resistance levels. The $16 supply zone, in particular, acts as a pivotal barrier; flipping it to support could validate bullish momentum and attract fresh capital into Chainlink’s ecosystem.

Source: LINK/USDT on TradingView

Chainlink’s role as a leading oracle network remains fundamental, providing secure data feeds to smart contracts across blockchains. With integrations in over 1,000 projects and handling billions in value secured, its utility supports long-term value. Recent ETF considerations from firms like Franklin Templeton and Bitwise highlight institutional interest, potentially bridging traditional finance with Chainlink’s decentralized infrastructure. However, broader market sentiment, influenced by macroeconomic factors, continues to weigh on altcoin performance.

Weekly gains of 15.25% demonstrate resilience, but mixed on-chain data—positive spot CVD versus negative hodler positions—advises caution. Investors monitoring Chainlink should watch for ETF approval timelines and volume surges to gauge sustainability. As the crypto space evolves, Chainlink’s ability to maintain its oracle dominance will be key to navigating volatility.

Frequently Asked Questions

What recent ETF developments are impacting Chainlink price?

Franklin Templeton is assessing Chainlink for inclusion in its crypto index ETF, while Bitwise’s spot ETF has entered pre-launch via DTCC. These steps, reported in late November 2025, have driven a 2.74% daily gain and 15.25% weekly rise, though overall market weakness persists.

Is Chainlink’s bullish momentum sustainable in the short term?

Short-term positivity stems from spot buyer dominance, but negative hodler activity and an MFI of 35 suggest seller pressure. If the $16 resistance flips to support, gains could extend; otherwise, bearish market trends may pull LINK lower in the coming days.

Key Takeaways

• ETF News Boost: Franklin Templeton and Bitwise developments have ignited short-term Chainlink price gains of 2.74% daily.
• Spot Market Shift: Positive CVD since November 22 indicates buyer control, contrasting with ongoing hodler sell-offs.
• Key Resistance Ahead: Breaking $16 is essential for a strong uptrend; monitor MFI and volume for confirmation.

Conclusion

Chainlink’s recent price gains, propelled by ETF considerations from Franklin Templeton and Bitwise, offer a glimmer of optimism in a cautious crypto landscape. While spot market metrics show buyer resurgence, hodler outflows and technical indicators like the MFI highlight persistent challenges. As on-chain data evolves, investors in Chainlink should prioritize resistance breaks for sustained momentum. Looking ahead, regulatory clarity on ETFs could solidify LINK’s position, encouraging broader adoption of its oracle technology—stay tuned for updates on this dynamic asset.