Chainlink (LINK) and Layer Brett: $5,000 institutional adoption and DeFi infrastructure in the Ethereum world
Source: CoinWorld
Time: 2025-09-12 08:48:10
Chainlink (LINK) dominated the decentralized oracle market with a 67% market share and is expected to achieve $93 billion in on-chain value by mid-2025. Important partnerships with Mastercard, SWIFT and JPMorgan have enhanced its role in connecting traditional finance and blockchain systems. Its Cross-chain Interoperability Protocol (CCIP) supports more than 60 blockchains to realize cross-chain asset transfer and tokenization. The deflation mechanism has caused 237,014 LINK tokens to be out of circulation, while Grayscale’s ETF conversion application shows growing institutional confidence.