Chainlink Launches CCIP Vault Adapters for 80 Networks as LINK Price Drops 5.47%

Key Facts

1Chainlink launched CCIP Vault Adapters, enabling deposits into vaults from over 80 networks with a single click.

2The price of LINK fell by 5.47% to $12.62 on the day of the launch.

Chainlink launched CCIP Vault Adapters, enabling deposits into vaults from over 80 networks with a single click. According to cryptoticker.io, the launch aims to enhance cross-chain liquidity interoperability, though the native LINK token fell by 5.47% to $12.62 on the launch day of October 8, 2026.

The token faced significant selling pressure, trading between a high of $13.36 and a low of $12.11 before closing at $12.62 on October 8, 2026. This decline occurred amid a broader market slide following Fed minutes that signaled potential rate hikes, which saw LINK underperform peers like Bitcoin and Ether despite Chainlink maintaining a market capitalization of approximately $9.44 billion.