Chainlink Flagged As Top Undervalued Altcoin Despite $30B RWA Reach

By Yellow News
about 3 hours ago
DRIFT TOP ALT LINK RECORD

Chainlink(LINK) was named the most undervalued major altcoin heading into mid-2026, trading 82% below its record high even as its network secures more than $75 billion in value.

Key Points:

  • A new market analysis ranks Chainlink as the most undervalued major altcoin, citing a wide gap between price and usage.
  • LINK trades near $9.50, roughly 82% under its May 2021 peak of $52.99.
  • The network underpins a real-world asset market that grew to about $30 billion by the end of the first quarter.

A market analysis published Monday by 24/7 Wall St. flagged Chainlink as the most undervalued of the major altcoins, pointing to a persistent disconnect between the token's price and its role in crypto infrastructure.

The report noted that LINK changes hands around $9.50, down 82% from its May 2021 high of $52.99.

That figure stands against the network's reach. Chainlink price feeds and its Cross-Chain Interoperability Protocol quietly run much of the real-world asset market, which climbed from about $5 billion at the start of 2025 to roughly $30 billion by the close of the first quarter.

The analysis added that the network secures over $75 billion in total value, while the protocol moves close to $18 billion in monthly cross-chain transfer volume.

Also Read:Solana Breaks Transaction Record While RWAs Cross $2B Mark

The thesis rests on usage that traditional retail conversations tend to overlook. Every time a bank settles a tokenized Treasury bond or a lending protocol confirms a price, it leans on oracle data, and Chainlink supplies most of it.

Some funds frame LINK less as a directional bet and more like a stake in financial plumbing.

Bitwise has echoed that view. Chief Investment Officer Matt Hougan earlier called Chainlink one of the least understood and possibly most undervalued crypto assets, arguing that the data-oracle label sells the network short.

Recent enterprise moves have reinforced the case. Chainlink listed its core data services on the Amazon Web Services Marketplace, opening oracle infrastructure to enterprise developers through a familiar procurement channel.

Analysts cited in the report project the oracle sector could grow tenfold by 2030, a path that would place Chainlink near its center.

The undervaluation argument is not new. Through late 2025, LINK lagged peers despite rising network metrics, and the token finished that year down sharply against its January starting point.

LINK has spent much of 2026 stuck near single digits, trading between roughly $8 and $10 for weeks while DeFi tokens broadly cooled. The token slipped about 12% over the past week alone, leaving it well short of the levels reached during prior market cycles.

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