Chainlink LINK: Infrastructure Upgrade and Social Surge Signal Undervalued Potential
Chainlink's LINK token is gaining significant momentum, achieving its highest level of social media engagement in five weeks. This resurgence is driven by a major upgrade to its Data Streams infrastructure, which now delivers near-real-time U.S. stock and ETF prices 24/5. This advancement marks a critical step in bridging the efficiency of blockchain with traditional finance (TradFi).
Market observers highlight a paradox in the timing. While broader crypto markets face pressure, chainlink is dominating conversations not as a speculative asset, but as essential financial infrastructure. Bitwise CIO Matt Hougan argues that LINK remains undervalued, suggesting that institutional recognition has yet to catch up with its technical milestones.
The enhanced Data Streams service specifically empowers DeFi protocols by enabling precise price tracking across pre-market, regular, and after-hours trading sessions. This solidifies Chainlink's role as a foundational linchpin for the growing tokenization narrative. Supporting this shift, Santiment data indicates that market discussion is trending away from pure price action and toward the token's underlying utility and adoption.