LINK hits 8-month high amid adoption

Chainlink's native token, LINK, has experienced a significant surge, reaching an eight-month high of $13.64 on September 7, 2026. This rally, marking a 94% increase since June 22, is attributed to growing adoption in institutional finance and several key network developments. The total value secured (TVS) by Chainlink's decentralized finance (DeFi) ecosystem has risen substantially, climbing from $33.98 billion on August 7 to $40.02 billion by September 7, indicating increased reliance on its oracle infrastructure and cross-chain communication tools. Chainlink's infrastructure has also facilitated a cumulative transaction volume exceeding $34 trillion. Recent partnerships further bolster its institutional appeal. Chainlink has collaborated with Bottomline, a payment technology company serving over 600 banks, to integrate its Cross-Chain Interoperability Protocol (CCIP) and Cross-Chain Routing (CRE) solutions for international payments. Additionally, BitGo is migrating over $15 billion in assets to Chainlink's CCIP.