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Chainlink (LINK) Pumps 3.3%—Dragging the CoinDesk 20 Index Out of the Mud

Chainlink (LINK) Pumps 3.3%—Dragging the CoinDesk 20 Index Out of the Mud

Author:
CoindeskEN
Published:
2025-08-12 13:18:32
8
2

Chainlink flexes its oracle muscles again—LINK surges while the broader market snoozes.


Price Action:

LINK’s 3.3% gain today isn’t just a win—it’s a lifeline for the CoinDesk 20, which has been limping along like a degen chasing last cycle’s altcoins.


Why It Matters:

Smart contracts need real-world data, and Chainlink delivers. Meanwhile, TradFi still thinks ‘oracle’ is something you visit in Delphi.


The Punchline:

Crypto’s favorite data middleman quietly outperforms—proving once again that in blockchain, the real money isn’t in the tokens… it’s in the infrastructure (and the VCs who got in early).

9am CoinDesk 20 Update for 2025-08-12: vertical

Leaders: LINK (+3.3%) and ETH (+2.1%).

Laggards: LTC (-1.2%) and UNI (-0.9%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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