Why LINK's price might surge to $30, explained by these key factors:
Chainlink (LINK) has experienced a significant surge in value over the past week, with a daily trading volume of $1.35 billion. The cryptocurrency has broken out after a double bottom retest at $18, clearing a descending trendline that began last December.
At the time of writing, LINK is trading near $21, after a 1% dip from the previous day's close. The price action of LINK is eyeing the $30-level, but it must first break and hold above $24.
Institutional Adoption and On-chain Activity
Institutions are increasingly adopting Chainlink, with collaborations with global giants like Fidelity, Swift, DTCC, Citi, JPMorgan, and BNP Paribas. Data from Lookonchain has revealed heavy buying activity by whales, with the largest transaction being a withdrawal worth 510,000 LINK or $11.13 million from Binance to Compound over two days. Two other whales have bought 59,560 LINK and 44,846 LINK, bringing the total inflows to roughly $13 million.
Daily Active Addresses have jumped to 9,410 from 5,500 a week ago, according to IntoTheBlock. The DEX volumes have risen due to conversions on decentralized exchanges, with figures reaching $1.298 billion in the last 24 hours.
Expert Projections for Chainlink Price
While analyst Posty has labeled LINK as "undervalued" and set a bold $100 target for the altcoin, the latest expert projections for Chainlink (LINK) price by the end of 2025 mostly range between $16 and $30, with optimistic forecasts up to $32. There is no strong consensus supporting a $100 price target in 2025; most analysts see that as highly unlikely in the near term.
In the conservative-to-moderate scenarios, experts expect LINK to be between $16 and $19 by end of 2025. With bullish broader market conditions and faster adoption of Chainlink’s Cross-Chain Interoperability Protocol (CCIP), LINK might reach $25 to $30, with some highly optimistic models up to $32.
Some bullish models from DeFi activity and institutional adoption even suggest a possible target in the $55–$60 range by late 2025, driven by JPMorgan’s use of Chainlink oracles and growing CCIP adoption.
Long-term projections (2027–2030) envision prices between $66 and $80 by 2027, and up to around $189 to $250 by 2030, depending heavily on ecosystem adoption and blockchain integration into traditional finance.
Regarding the $100 target cited by analyst Posty, the available mainstream expert forecasts do not currently support such a price by 2025. This target would require unprecedented growth beyond current market optimism and widespread adoption trends.
A Solution for Fiat Transactions and Wall Street Tokenization
Zach Rynes, Chainlink's Head of Business Development, stated that Chainlink Reserve is a solution for users to pay in fiat while tying the economics to its token. LINK is a major contender for tokenizing Wall Street, as previously advised by the U.S Securities and Exchange Commission (SEC).
So far, only Bitcoin [BTC], Ethereum [ETH], XRP, and Solana [SOL] have crossed the $100 billion market cap level. If Chainlink manages to break this barrier, it would solidify its position as a leading player in the cryptocurrency market.
In conclusion, the price breakout of Chainlink is supported by both on-chain and macroeconomics data, and the cryptocurrency is showing promising signs of growth. However, the $100 target remains an ambitious goal, with most experts projecting prices below $35 for 2025.
- Institutional interest in Chainlink continues to grow, with partnerships with giants like Fidelity, Swift, DTCC, Citi, JPMorgan, and BNP Paribas.
- Recently, heavy buying activity by whales has been observed, with transactions worth millions of dollars being carried out on exchanges like Binance and Compound.
- The daily active addresses for Chainlink have surged significantly, reaching 9,410 from 5,500 a week ago, according to IntoTheBlock.
- Decentralized exchange (DEX) volumes have also risen due to conversions, with figures reaching $1.298 billion in the last 24 hours.
- Analyst projections for Chainlink's price by the end of 2025 mostly range between $16 and $30, with optimistic forecasts up to $32, but a $100 price target remains unlikely in the near term.
- Chainlink, currently a major contender for tokenizing Wall Street, could solidify its position in the cryptocurrency market if it manages to cross the $100 billion market cap level, joining Bitcoin, Ethereum, XRP, and Solana.
