Chainlink’s LINK Eyes $47 Amid Surging Google Search Interest
Chainlink's native token LINK is gaining significant momentum, with Google searches for "Chainlink" hitting a three-year peak not seen since May 2021. This heightened interest aligns with LINK's bullish price action, potentially driving it toward a $47 target if it sustains a breakout above the $25 resistance level.
The project's decentralized oracle network continues to strengthen its position as a critical bridge between blockchain ecosystems and real-world assets (RWA). The Total Value Secured (TVS) on chainlink has reached an all-time high of $93 billion, highlighting its expanding utility.
On-chain metrics show increased whale activity, with 713 large transactions recorded daily during LINK's recent five-day rally. Exchange reserves have declined by nearly 10%, indicating reduced sell-side pressure and potential accumulation by large holders.