Unconfirmed rumors of markets, based on stolen documents, indicate that Grayscale Investments may be in the process of launching a number of new products, including a Chainlink trust. Although you know a lot of rumors on Twitter, creating FOMO on Chhainlink, Grayscale has not yet confirmed these openings: some reports have questioned their legitimacy, as the registered agent for the trusts is the "Delaware Trust Company" and not Grayscale, although the same company is listed on the Grayscale website as one of its official service providers.

Also, if Grayscale has filed documents for the Link Trust, it doesn't mean the launch is imminent. In fact, in December 2020 Grayscale would prepare documents for other cyrpto: Basic Attention Token (BAT), Decentraland (MANA), Livepeer (LPT) and Tezos (XTZ). To date, however, the Trusts have not yet been launched.

The reaction on the market was immediate and LINK's price literally shot up, hitting its new All Time High at $ 25.45 and surpassing Litecoin in market capitalization which now exceeds $ 10 billion. Currently the circulating supply is 402,509,556 LINK out of a total of 1 billion coins and daily exchanges reach 5 billion dollars,

Chainlink (LINK) is a decentralized Oracle network that aims to connect smart contracts with real world data. The blockchain has no ability to communicate with the real world, as it cannot access off-chain data. To do this they need the oracles which provide external data (e.g. temperature, weather conditions) that trigger the execution of smart contracts when predefined conditions are met. The Chainlink Oracles are connected to the Ethereum network and has benefited as a result from its rally to the upside in recent months.

The Chainlink network is supported by nodes which the more reliable they are, the more likely they are to receive Link rewards, while the less reliable nodes will not be rewarded. So the owners of the nodes must be attentive to the optimization of their node in order to have high efficiency and guarantee rewards.

However, it seems that Chainlink has some major centralization problems. According to analyst firm Glassnode, the data indicates that 1% of Chainlink holders hold almost 81% of the overall supply, equal to 300 million LINKS stored in just 125 wallets. Furthermore, these wallets are continuing to buy LINK, convinced of an even more marked bullish movement. LINK whales are continuing to buy despite the Chainlink core team seems to have sold significant shares of their tokens: Glassnode points out, in fact, that in the last 100 days as many as 52 million LINK have come out of the Chainlink team's reserve wallets.

We will see a little what his future will be