Chainlink LINK ETF Inflows Surge Past Solana, Bulls Eye $150 Rally
Chainlink (LINK) is trading at $14.28 with a daily volume of $1.01 billion, maintaining a market cap dominance of 0.32%. Analysts are charting a potential path to $150, contingent on the crucial support level at $9.80 holding firm—a zone identified for strategic accumulation.
The newly launched chainlink ETF made a powerful debut, recording $41 million in first-day inflows, significantly outpacing Solana's ETF, which saw $8.2 million. This substantial institutional interest highlights growing confidence in LINK's foundational role within the blockchain infrastructure.
Technical analyst Patel has outlined interim price targets at $30 and $50, with a long-term objective of $150 achievable by the cycle's end. 'The scale of the breakout is heavily dependent on the timing of the altseason,' he cautioned, acknowledging inherent volatility risks.