 
 
According to a leading on-chain analytics firm, Santiment, Chainlink (LINK) has reaffirmed its dominance in decentralized finance (DeFi) development, widening its lead over competitors.
In the past 30 days, Chainlink posted a development activity score of 491.67, more than double that of its closest rival, DeepBook Protocol (214.6), while DeFiChain trailed in third with 156.3.
The data highlights Chainlink’s sustained innovation and its strengthening position as DeFi’s top oracle network.
Santiment’s development activity metric measures the frequency of code commits, upgrades, and improvements across public GitHub repositories, serving as a strong indicator of a project’s long-term potential.
Notably, sustained development signals active innovation and solid developer confidence in the network’s future.
 
Chainlink’s continued dominance underscores its vital role at the heart of decentralized finance. Its oracle network powers hundreds of protocols across Ethereum, Polygon, Arbitrum, and more, securely connecting real-world data to smart contracts.
Over the past year, Chainlink has expanded its influence with the Cross-Chain Interoperability Protocol (CCIP), enabling seamless blockchain-to-blockchain communication, and Data Streams, a high-speed data delivery solution driving next-generation DeFi applications.
Chainlink Revisits Key Support Channel After Strong Rally
According to renowned market analyst Lingrid, Chainlink (LINK) is revisiting its ascending support channel after a measured pullback from the $26.00 region.
Following a robust rally that shattered multiple resistance levels, LINK now consolidates near key support, potentially building momentum for its next decisive breakout.
Lingrid noted that Chainlink recently formed distinct impulsive structures, breaking multiple triangle patterns that had constrained price action for weeks.
This breakout confirmed robust bullish momentum, fueled by rising on-chain activity and increasing developer participation. Chainlink’s growing influence in DeFi infrastructure and real-world asset tokenization continues to draw strong institutional and retail interest.
At the time of this writing, Chainlink was trading at $16.48 per CoinGecko data.
Source: https://zycrypto.com/chainlink-emerges-as-defi-titan-gears-up-for-a-fresh-boost/