- Chainlink co-founder Sergey Nazarov praises the market’s new focus on security, which has been massively beneficial for his network.
- Nazarov discusses three key trends that position Chainlink to power the next global financial system.
Chainlink co-founder Sergey Nazarov has shared his views on recent developments around the crypto market and particularly on his network’s direction. Nazarov began by discussing the market’s new focus on security, which has driven adoption for his network in recent months.
He further focused on what Chainlink is building and its positioning to power the global financial system. This has largely been because of its technological adoption in various parts of the capital markets, which was his final take.
Three key trends I am increasingly excited about…
1: Our industry has started caring much more about the security and reliability of the infrastructure, standards and oracles/dependencies that it is built on top of. This shift in focus towards security is already massively…
— Sergey Nazarov (@SergeyNazarov) May 19, 2026
Nazarov: Chainlink Excels in Bear MarketsÂ
In recent weeks, more than $4 billion has migrated to Chainlink as the market seeks better security and reliability. As ETHNews reported, the $300 million KelpDAO theft has driven several protocols to conduct extensive security reviews and migrate to Chainlink. Most recently, Kraken migrated to the network with all current and future Kraken Wrapped Assets using CCIP.
In his post, Nazarov highlighted Kraken’s reasons to migrate to Chainlink, which include secure-by-default infrastructure and institutional certifications (ISO 27001 and SOC 2 Type 2). Additionally, the network employs 16 independent nodes and native rate limits.
He stated:
“With over $4Billion migrated in just a few weeks and more on the way, I am clearly seeing the industry’s clear preference for security and reliability being a key trend leading to accelerated adoption of Chainlink and CCIP.”
Speaking about ongoing work at Chainlink, Nazarov stated that the network has always built some of its best features during the bear market. He explained that the team is able to focus on great products when they are not distracted by price movements. Furthermore, because it already has a market-fit product, it is easy for the team to build for the future financial system.
He talked about upcoming features that are being built and launched, adding:
“I am very excited about both the use case specific features e.g. collateral management and the increasing number of reusable primitives e.g. verifiable confidential compute in CRE, which are now actively being built, refined and launched with top users.”
Nazarov also talked about a growing trend of developments in tokenization, RWA, and institutional adoption, which has been decoupling from crypto prices as a determining factor of their success. However, this trend has caused frustration among coin holders who, in the past, depended on such developments to give token prices direction.
Finally, he called on the community to join Chainlink Labs and help build the future of the new global financial system. At the same time, Chainlink’s LINK coin is trading at $9.57 after recently slipping below the $10 pyschological level. In the past 7 days, the coin has lost nearly 10%, painting a bearish short-term outlook.
Technical analyst Michaël van de Poppe has recently expressed a long-term bullish outlook for LINK, echoing similar sentiments about the altcoin from dozens of analysts.
