Interesting observation from Bitwise: it seems that Chainlink remains one of the most underrated infrastructure bets in crypto. If you think about it, it makes sense — oracles are the foundational layer on which the entire smart contract ecosystem is built, but investors often overlook this.

There’s some truth to that. Chainlink provides the connection between the blockchain and the real world, which is a critically important function. But while everyone is shouting about new L2s or meme coins, infrastructure solutions like Chainlink work quietly in the background, doing their job. Maybe that’s why they are underrated.

Personally, I try to remember projects like these. When everyone is chasing hype, it’s worth paying attention to what truly sustains the system. Infrastructure is what operates independently of market cycles. And in this sense, Chainlink is one of the key players.