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Link’s Trading Volume on Coinbase Surpasses That of Bitcoin
Chainlink's link token has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro.
Updated Sep 14, 2021, 9:41 a.m. Published Aug 9, 2020, 6:21 p.m.
Chainlink's link token, driven by the increased popularity of decentralized finance (DeFi), has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro, the biggest crypto exchange in the U.S.
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- Link’s 24-hour trading volume on Coinbase Pro is $163 million - nearly 70% higher than bitcoin’s trading volume of $96.48 million, according to data source Messari.
- However, link's 24-hour aggregate global volume of $3.13 billion still amounts to just 17% of bitcoin's global overall volume of $17.53 billion.
- Spike in volumes lends credibility to recent price rally.
- Link’s price jumped to a lifetime of $14.38 early Sunday.
- The sixth-largest cryptocurrency by market value has gained 68% in the last seven days alone.
- The token’s staggering 700% year-to-date gain makes bitcoin’s 61% price gain look meager by comparison.
- All 184,330 link addresses are now making profit on their investment, according to data source IntoTheBlock.
- Link’s meteoric rise looks to have been fueled by increased usage of Chainlink's price oracles in the ever-expanding DeFi space.
- Price oracles act as a bridge between cryptocurrency smart contracts and off-chain data feeds.
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
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