Chainlink Price Remains Stagnant Amid Institutional Demand

Chainlink's (LINK) price remains stagnant near $9 despite institutional demand acceleration. The addition of LINK to Hashdex's Nasdaq-listed crypto ETF has increased institutional demand for the token. However, this growth in demand is not yet reflected in the token's price.

The protocol's revenue problem is a major concern for many investors. Despite generating $18 billion in monthly settlement volume through its CCIP, none of this revenue flows to token holders. Node operators earn fees, but token holders do not receive any benefit from their investment.