Chainlink's price is stabilizing around the $12.80 to $13.00 range, testing key support levels after a period of decline. This zone has been identified as a strategic buying area, with significant support clustering near $12.00. Analysts suggest that a sustained move above $13.50 could bolster bullish sentiment, though current price action indicates accumulation rather than aggressive distribution. In a significant development, Grayscale has launched the Chainlink Trust ETF, trading under the ticker GLNK. This new product allows investors to gain exposure to Chainlink through traditional brokerage accounts, offering a 0% management fee for the first three months or until assets reach $1 billion. The ETF tracks the value of LINK held by the trust, providing a new avenue for institutional investment in blockchain infrastructure.