Chainlink (LINK) Daily Market Analysis 07 August 2026

Chainlink secures major institutional wins with BitGo's WBTC mandate while LINK price stays flat near $8.23: • BitGo selects Chainlink CCIP as exclusive cross-chain provider for $7.7B WBTC, dropping LayerZero (06 Aug 2026) • LBank adopts Chainlink data infrastructure for prediction markets serving 25M+ users (06 Aug 2026) • U.S. Equities Streams go live on Sei blockchain, targeting tokenized equities market (06 Aug 2026) • 1.26M LINK net exchange outflows mark largest daily withdrawal since June 29 – potential accumulation signal • LINK trades at $8.23, down 2% weekly, with $7.01–$9.48 range as key accumulation zone