Chainlink Rally Brings Profit-Taking, While CCIP 2.0 Targets Institutional Money

Chainlink is seeing some holder exits during LINK's rally. Chainlink has hit a new 2026 high after a strong recovery in the past month or so. The 12th-largest crypto asset by market cap staged a fresh 12% rally on Tuesday and jumped past $15. But some smaller LINK holders appear to be selling. Signs Of Profit Taking Santiment revealed that the number of non-empty wallets has fallen to 912,020, which suggests some smaller holders may be taking profits as the token rallies. That does not necessarily mean investors are turning bearish on LINK. Some smaller traders could simply be selling after sitting through the recovery, while other holders continue to add to their positions. The holder count is still close to its highest levels this year. There is also more happening around Chainlink beyond the price move. For instance, CCIP 2.0 went live this week, making the upgraded cross-chain infrastructure available to institutions and digital asset issuers. The update focuses on security, compliance, and faster cross-chain transactions as financial firms move more assets onchain. Chainlink said CCIP has secured more than $84 billion in cross-chain token value, and over $15 billion has migrat...