Chainlink (LINK) Price Drops 10% During Market Correction - New Staking Rewards Program Announced

Chainlink's native token LINK experienced a significant 10% price decline amid broader cryptocurrency market selloff. The drop comes despite the project team unveiling an innovative rewards program for network participants. The new staking initiative aims to provide additional incentives for LINK holders while maintaining network security. Market analysts suggest the price movement reflects overall market sentiment rather than project-specific fundamentals. The announcement highlights Chainlink's continued development efforts in the decentralized oracle space.