Market-cap peers

ETH vs LINK

Ethereum and Chainlink scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.

Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.

ETH score
187/250
2nd of 251 · HOLD CORE
LINK score
165/250
11th of 251 · HOLD
Variables won
13 to 8
4 level of 25
Framework prefers
ETH
by 22 points
01

What separates them

ETH scores 187 of 250 and ranks 2nd of 251. LINK scores 165 and ranks 11th. ETH leads by 22 points, which is a real gap, though small enough that one variable moving would close much of it. ETH takes 13 of the 25 variables, LINK takes 8, and 4 are level.

The framework rates ETH HOLD CORE and LINK HOLD. Two tokens close enough to compare do not have to land in the same band, and where they do not, the divergence table below is where the split comes from.

5 variables separate them by 3 points or more. ETH is clear on Vesting Schedule (10 against 4), Supply Inflation (7 against 3) and Circulating / FDV Ratio (10 against 6).

LINK still has 25.2% of its eventual supply to enter circulation against 0% for ETH. On the same market capitalisation, a buyer of LINK is taking the 1.34x dilution path and a buyer of ETH the 1x one.

ETH is valued at $313.17B against $10.01B for LINK, a 31.3x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.

LINK trades 74.6% below its all-time high and ETH 48.2% below its own. Recovering the high needs 3.9x from LINK and 1.9x from ETH, which is the same statement read as the return each one has to produce.

02

All 25 variables, head to head

Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.

Cash flow

Cash flow variables compared between ETH and LINK
Protocol Revenue9
6ETH +3
Revenue Trend5
7LINK +2
P/S Multiple5
5level
Real Staking Yield7
5ETH +2

Supply

Supply variables compared between ETH and LINK
Supply Inflation7
3ETH +4
Vesting Schedule10
4ETH +6
Circulating / FDV Ratio10
6ETH +4
Buyback and Burn6
4ETH +2

Ownership

Ownership variables compared between ETH and LINK
Smart Money Flows9
8ETH +1
Insider Selling7
3ETH +4
Holder Concentration6
4ETH +2

Traction

Traction variables compared between ETH and LINK
TVL Trend6
7LINK +1
Active Users8
7ETH +1
Developer Activity7
8LINK +1
Network Growth8
8level

Position

Position variables compared between ETH and LINK
Market Share7
8LINK +1
Competitive Moat8
9LINK +1
Institutional Adoption10
10level
Exchange Depth10
8ETH +2
Social Mindshare6
7LINK +1

Risk

Risk variables compared between ETH and LINK
Regulatory Safety10
9ETH +1
Catalyst Calendar8
9LINK +1
BTC Alpha Potential4
4level
Team Execution6
9LINK +3
Treasury Runway8
7ETH +1

Bars read outward from the centre: ETH to the left, LINK to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.

03

Market and supply

Market and supply figures for ETH and LINK
ETHLINK
Price$2,564$13.37
Market cap$313.17B$10.01B
Circulating100%74.8%
Dilution to full supply1x1.34x
Off all-time high-48.2%-74.6%
To recover the high1.9x3.9x
Total value locked$46.17B$32.00B
NetworkEthereumEthereum

Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.

04

Catalyst and risk on each side

ETH · HOLD CORE

Catalyst

Glamsterdam ePBS (Q3 2026), CLARITY Act (the 4 July 2026 signing target was missed, the bill stalled in the Senate), staking ETF expansion

Principal risk

Burn collapsed (-71% post-Pectra), ETH/BTC 10mo low, 9 EF departures, identity crisis

LINK · HOLD

Catalyst

DTCC Collateral AppChain July test → Q4 production. CCIP v1.5 self-serve. Confidential Compute GA.

Principal risk

60-76M LINK/yr treasury dumps to Binance ($500M+/yr). Fees go to node ops, not LINK holders.

05

Common questions

Is ETH or LINK the better investment?
On this framework ETH scores higher: 187 against 165 of 250, and it is rated HOLD CORE against HOLD. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and ETH still wins 13 of the 25 individual variables against LINK.
What is the biggest difference between ETH and LINK?
Vesting Schedule. ETH scores 10 of 10 there and LINK scores 4, a gap of 6 points on a single variable.
Which is bigger, ETH or LINK?
ETH is valued at $313.17B and LINK at $10.01B on the latest market snapshot.
06

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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.