On June 21, 2025, Chainlink released 17.875 million LINK tokens, prompting discussions in the crypto community about potential market impacts.
Release of LINK Tokens
Chainlink released 17.875 million LINK tokens valued at $149 million. The tokens were transferred to Binance as part of a quarterly unlock, drawing market attention.
Economic Implications
Following the release, LINK's price fell to levels not seen since April. The increased supply in the market could lead to short-term volatility, which is a common occurrence with crypto unlocks.
Market and Public Opinion
In the absence of official statements from Chainlink's management, the market's reaction has already shown price impacts. As noted by one of the co-founders, Sergey Nazarov, “The Chainlink community’s achievements in 2024 and our 2025 outlook signal blockchain’s final adoption stage, integrating real-world data at scale.”
The release of LINK tokens highlights the influence of such events on the market and demonstrates potential short-term price fluctuations while regulatory changes remain stable.
