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Chainlink (LINK) opened the week of June 25 at $7.2578 and closed at $7.4972, gaining 3.30% over seven days, as per TradingView data. The weekly high reached $7.5387 before pulling back, with the low set at $7.0693, narrowly holding the $7.00 floor that has served as the primary support since LINK entered its descending channel in October 2025.
The week delivered two of the most concrete institutional production milestones of 2026 for Chainlink, a divergence from the price chart that has become the defining pattern of the year.
Fidelity International’s Fidelity USD Digital Liquidity Fund (FILQ), which launched in May 2026 on Chainlink’s oracle infrastructure, received a $20 million integration from Theo, a crypto-native platform, during the week of June 25.
Chainlink publishes FILQ’s net asset value and key metrics on-chain via the Chainlink Runtime Environment, enabling 24/7 treasury, liquidity, and collateral workflows in real time. FILQ is the first tokenized liquidity fund to receive a Aaa-mf assessment from Moody’s, with approved daily NAV data supplied by JPMorgan, creating a tamper-resistant pricing system for institutional-grade workflows.
The Fidelity International integration is a live production deployment publishing on-chain data from one of the world’s largest asset managers, extending a pattern that now includes Euroclear, DTCC, UBS, ANZ, and JPMorgan across Chainlink’s 2,686-project ecosystem.
Between June 25 and July 5, these were the important developments from the Chainlink ecosystem:
Santiment posted on June 29 that Chainlink’s total non-empty wallet count reached 892,800 after more than 8,000 new holders joined the network over five days, the strongest single-week growth of 2026.
✍️ TL;DR: Chainlink’s holder count has gone parabolic
📊 Metrics used: Total Holders
🔗 Link to chart: https://t.co/dtIQSALghS📈 Chainlink’s holder growth is suddenly accelerating in a big way. $LINK on Ethereum is now up to 892.8K non-empty wallets, adding more than 8K holders… pic.twitter.com/rr4POGHn9a
— Santiment Intelligence (@SantimentData) June 29, 2026
The accumulation occurred while LINK was testing the $7.00 support level, not following a price rally. Wallets holding more than 100,000 LINK hit an all-time high of 805 in May, an 8.2% increase over seven weeks.
The daily LINK/USD chart and technical data from TradingView show three moving averages (MAs) below current price, all showing an upward signal: the Hull MA at $7.3417, the 10-day simple moving average (SMA) at $7.3569, and the 10-day exponential moving average (EMA) at $7.4356.
Every other tracked MA sits above price and shows a downward signal.
The relative strength index (RSI) reads 42.40, approaching the neutral 50 band from below.
The average directional index (ADX) reads 24.25, the lowest of the current bear leg, indicating the downtrend has largely exhausted its directional momentum.
The moving average convergence/divergence (MACD) at -0.2951 shows an upward signal, as does Momentum at -0.3697, both narrowing toward zero.
Immediate support sits at the week’s low of $7.0693 and the $7.00 floor. The 20-day EMA at $7.6383 is the first resistance cluster above the current price, followed by the Ichimoku Base Line at $7.7949 and the 30-day EMA at $7.8504.
July is historically LINK’s strongest month, posting a 15.8% average and 19.6% median gain across prior years, with six of the past eight Julys closing green. The Fidelity International live deployment, CCIP’s volume lead over Wormhole, and the $7.00 floor holding through June’s broader market flush give bulls concrete data anchors heading into the month.
The CLARITY Act Senate floor vote remains the most directly relevant macro catalyst: passage would convert LINK’s current CFTC commodity classification from an agency interpretation into statute, locking in the regulatory certainty that institutional deployments already rely on.
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