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Are Investors Flocking as LINK’s Key Indicator Hits Cycle Lows?

TL;DR

• Technical Leadership: Chainlink ranks as the project with the highest developmental activity within the Solana ecosystem.
• Accumulation Signal: The HODLer net position change metric has neutralized, suggesting the end of mass sell-offs.
• Historic Opportunity: Only 27.58% of the supply is currently in profit, levels that historically precede major rallies.

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Over the last few hours, LINK’s behavior has become a focal point of the crypto market, as several technical analyses suggest a trend reversal is on the horizon. Currently, buy indicators for Chainlink have reached levels not seen since late 2023.

Here are crypto's top Solana ecosystem projects by development. Directional indicators represent each project's ranking rise or fall since last month:

1) @chainlink $LINK
2) @solana $SOL
3) @wormholefdn $W
4) @swarms_corp $SWARMS
5) @pythnetwork $PYTH… pic.twitter.com/25mJGq0gri

— Santiment (@santimentfeed) January 16, 2026

This imminent scenario is reinforced by intense network development activity, particularly through the CCIP protocol. To the surprise of many, Chainlink leads development on Solana, even outperforming native protocols due to its essential oracle infrastructure.

On the other hand, selling pressure appears to have exhausted itself following a period of aggressive distribution in previous months. Consequently, long-term investors are beginning to view these prices as an attractive entry zone.

Institutionalization and On-chain Metrics: The Path to Recovery

Currently, the influx of institutional capital is a decisive factor in market configuration. The recent launch of futures contracts by CME Group and the success of the Bitwise ETF are clear buy indicators for Chainlink.

Furthermore, the percentage of supply in profit sits at a low of 27.58%. Historical data indicates that when this figure oscillated at such low levels, the price of LINK experienced periods of consolidation followed by parabolic increases.

Whale activity also supports the bullish thesis, showing constant accumulation in high-volume wallets. Therefore, the ecosystem appears to be preparing to absorb any remaining supply before an upward move.

In summary, the combination of robust infrastructure and generally low profitability metrics creates a favorable environment. If Bitcoin maintains stability, buy indicators for Chainlink could very soon confirm the start of a new bullish cycle.

Also read: XRP Price Prediction: XRP Breakout Signals Build as Regulatory Wins Fuel $6.62–$18 Long-Term Scenarios