Chainlink's Total Value Secured Expansion Isn’t Matched by LINK Token’s Growth

This disparity between Chainlink’s TVS and LINK’s market cap may reflect several issues, said David Duong, Coinbase’s head of institutional research. “Market saturation may limit the platform’s future growth prospects, potential dilution of LINK’s circulating supply is uncertain, and imbalances pertaining to dapp demand, node operator fees and operating costs contribute to selling pressure,” he said.