Chainlink LINK Shows Bullish Momentum as RWA and Layer 1 Altcoins Gain Traction for 2025 Cycle
Market excitement is building around the top narratives for 2025 as the crypto sector prepares for its next major move. Emerging projects tied to real-world assets (RWA), major blockchain networks, and community-driven tokens are gaining significant traction. Investors are increasingly focused on identifying which altcoin categories could deliver outsized returns in the upcoming cycle.
Chainlink (LINK) has demonstrated steady bullish momentum, trading between $23.52 and $28 this week with a solid 3.93% uptick. The token remains firmly above its 10-day average of $24.34, supported by gradual accumulation rather than speculative frenzy. With an impressive 27.55% monthly gain and 61.95% six-month performance, LINK continues to outperform most large-cap peers. A decisive break above the $28 resistance level could open a clear path toward $30, while failure to hold current support may test the $21.21 level.