Chainlink backs 2026 World Cup bets; LINK near 90-day lows

Chainlink’s oracle network is supplying match results and price feeds to on-chain betting platforms for the 2026 World Cup. ADI Predictstreet is listed as an official prediction-market partner. Myriad, backed by Tom Lee and ConsenSys, is using Chainlink oracles to resolve more than 75 World Cup contracts. Polymarket’s World Cup Winner market has drawn about $2.2 billion in wagers. Polymarket also runs fast markets that resolve every five or 15 minutes; those markets use Chainlink Data Streams and, according to Chainlink, processed more than $7 billion over recent months.

The LINK token has traded near $7.94 and printed a 90-day low on June 5. On the same day, Chainlink’s daily active addresses rose to 5,679, the busiest day of the quarter. LINK’s price is roughly 23% below its May highs.

Market analysis from Santiment points to steady social activity alongside rising on-chain use. “No mania behind it either: social volume is running at its May average, not above it. The adoption stack isn’t crowd hype,” Santiment wrote. The firm added that “the tournament runs on its rails. The token trades on the macro,” describing a gap between network activity and token price.

Joao Wedson, founder of analytics firm Alphractal, wrote that LINK appears to be “entering the accumulation zone” and that large holders have resumed buying. He noted the token currently trades below its realized price, the estimated average cost basis of holders, and said a lower historical level could act as a base. He also wrote, “BTC may still drop further, but LINK already looks like it is forming a bottom.”

Chainlink posted on its social channels on June 12 that it added eight new prediction-market integrations and hundreds of markets. The network’s oracles and Data Streams are being deployed across multiple betting platforms as the tournament continues.

Traders, analysts and on-chain observers are tracking settlement volumes, integration rollouts and price moves in the coming weeks while the World Cup progresses.