Chainlink LINK: Crypto’s Maturation Beyond FTX Risks, RWA Tokenization Emerges as Dominant Force
Chainlink co-founder Sergey Nazarov asserts that the cryptocurrency industry has evolved beyond the systemic risks epitomized by the FTX collapse. Real-world asset (RWA) tokenization is emerging as a dominant force, with activity decoupling from Bitcoin's price volatility.
LINK trades near $8.58, down 83% from its all-time high (ATH), yet chainlink maintains a 70% market share in blockchain data feeds. Institutional partnerships with S&P and ICE underscore its growing infrastructure role.
The current market cycle shows remarkable resilience—no major institutional failures despite price drops, and RWA markets for assets like silver now rival traditional finance. Tokenized assets and stablecoin reserves are building "unique and durable long-term value" independent of crypto market cycles.
