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Chainlink’s Meteoric Rise: Unpacking the Surge and the Path to $100

Chainlink’s Meteoric Rise: Unpacking the Surge and the Path to $100

Author:
Coingape
Published:
2025-08-21 09:05:17
9
1

Chainlink just ripped through resistance levels—what's fueling this explosive momentum?

Behind the Pump

Massive institutional adoption of oracle networks pushes LINK demand off the charts. Smart contracts can't live without reliable data—and Chainlink delivers where others flop.

Market Mechanics in Play

Trading volume spikes as whales accumulate. Shorts get wrecked while the bulls feast. Traditional finance watches from the sidelines, still confused about private keys.

$100 in Sight?

If the network keeps expanding and devs keep building, triple digits aren’t a fantasy. Then again, in crypto, even 'sure things' have a habit of rug-pulling—just ask your portfolio from last cycle.

Chainlink Price Targets $20 After SEC and White House Nod

Chainlink (LINK) has been trending strongly in the crypto market. The token is up more than 3% in the last 24 hours, and excitement around its future is building fast.

According to data from CoinGlass, open interest in LINK futures has soared to a record $1.5 billion, up nearly 60% since the start of 2025. On-chain data also shows a major spike in activity, with 9,625 new LINK wallets created on August 18, the highest daily figure of 2025, while 9,813 active addresses were transacting just a day earlier.

This is being fueled by institutional adoption. More than 30 financial institutions are now piloting or testing Chainlink-powered solutions, pushing confidence that LINK could be one of the biggest winners of this market cycle.

1. chainlink Reserves Program

The project recently launched Chainlink Reserves, a system where LINK tokens are purchased on the open market and locked away for years. The funds for these purchases come from both DeFi revenues and enterprise clients like Mastercard. By reducing circulating supply, the reserves act like a vacuum, supporting long-term price growth.

2. Wall Street Integration

The Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has tapped Chainlink to bring foreign exchange (forex) and precious metals data on-chain. This MOVE could be the first step toward broader Wall Street integration, eventually extending into major exchanges like NYSE and NASDAQ.

3. SWIFT Partnership

Chainlink is also working with SWIFT, the global banking communication network used by thousands of financial institutions. Instead of each bank experimenting with different blockchains, SWIFT is adopting Chainlink as a single “abstraction layer.” This allows banks like Citibank, BNP Paribas, and BNY Mellon to connect to blockchain infrastructure using Chainlink as the bridge.

Price Levels and Market Outlook

Immediate resistance sits around $29–31, while support lies NEAR $21–22. If LINK can reclaim $26 and hold, analysts say it could push it higher into lighter liquidity zones.

For the long-term outlook, many are asking: Can LINK reach $100?

  • Bullish Logarithmic Projections show wild predictions as high as $600, though these are widely seen as overly bullish.
  • More Realistic Targets suggest $70–$80 this cycle, with $100 possible if adoption accelerates faster than expected.

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