World Cup prediction markets are leaning on Chainlink — but $LINK is still stuck near its lows

The World Cup got underway this week, and a growing share of its prediction-market activity is settling through Chainlink. The token price, though, has barely reacted. ADI Predictstreet, the tournament's first official prediction-market partner, is built exclusively on Chainlink oracles. Myriad is also using Chainlink to settle more than 75 tournament-related contracts. Polymarket's World Cup winner market climbed past about $1.6B in volume ahead of kickoff. On-chain activity has picked up. Daily active addresses are averaging roughly 4,100 in June, about 25% above typical spring levels. The quarter's busiest day hit 5,679 active addresses on Jun 5 — the same session $LINK marked its 90-day low. There's little sign of speculative frenzy. Social volume is tracking around its May average rather than breaking higher, suggesting usage is being driven by adoption more than crowd hype. $LINK is trading around $7.9, near 90-day lows and down roughly 26% from mid-May, pressured by the broader June risk-off move. Separately, reports of government-linked transfers have added to the overhang. In short: the tournament's prediction markets are running on Chainlink's rails, while the token price remains tied to macro conditions. (researched with Santiment MCP + Claude Fable 5)