Chainlink (LINK) traded at $11.32 on August 29, 2026, after declining 4.08% over the prior 24 hours. The move extended a modest weekly pullback, with the token down 1.68% over the past seven days.
Despite the near-term weakness, LINK's 30-day performance remains notably strong. The token has gained 36.36% over that period, reflecting a substantial run-up that preceded the current consolidation.
Chainlink's market capitalization stood at $8.76 billion as of the report date. The figure places LINK among the larger assets in the digital asset market by that measure.
The one-day and seven-day declines suggest some selling pressure in the short term, while the 30-day gain indicates broader momentum has not fully unwound. Whether the pullback represents a pause or a more sustained reversal is not indicated by the data alone.
