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šŸš€ Chainlink Skyrockets After Mastercard Deal—3.86M LINK Flees Exchanges in Bullish Stampede

šŸš€ Chainlink Skyrockets After Mastercard Deal—3.86M LINK Flees Exchanges in Bullish Stampede

Author:
Tronweekly
Published:
2025-07-01 01:00:00
9
3

Chainlink's oracle network just got the ultimate seal of approval—Mastercard's stamp. And the market's reacting like it's 2021 all over again.

Big money moves: Nearly 3.86 million LINK tokens vanished from exchanges faster than a Bitcoin maximalist's patience for 'shitcoins.' This isn't just accumulation—it's a full-scale hodl offensive.

Why it matters: When institutional partnerships meet supply shocks, you get price action that makes TradFi analysts reach for their stress balls. The 'digital gold' crowd might want to look away—real-world utility is stealing the show again.

The cynical take: Wall Street's 'blockchain not Bitcoin' narrative gets another boost—because nothing screams decentralization like payment processors and enterprise middleware. But hey, at least the charts are green.

Chainlink

  • Chainlink rallies 12% in a week following a major partnership with Mastercard to integrate crypto access.
  • 3.86 million LINK tokens, worth over $51 million, have exited exchanges since June 20, signaling accumulation.
  • LINK holds strong above $13 as open interest and derivatives volume surge, reflecting growing market confidence.

Chainlink (LINK) jumped 12% in the past week, led by the strong fundamental-based bull case along with the extremely valuable collaboration of the largest world payments company, Mastercard. The latest price action is the consequence of growing investor confidence, also supported by massive outflow of tokens out of exchanges, which is normally a sign of long-term buying.

Chainlink had net exchange outflows of nearly 3.86 million LINK tokens, worth over $51 million, since June 20th, according to on-chain analytics firm Sentora (formerly IntoTheBlock). The trend continued unabated and is indicative of the shift of investors to transferring the holdings to self-custody, which reduces the circulating supply in centralized exchanges.

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Source: X

These are generally indications investors believe in long-term price appreciation. Since there are fewer tokens to liquidate on the spot, the potential for supply squeezing rises, which encourages further price bullishness among participants.

Chainlink Eyes $30 After Mastercard Deal

The chainlink price surge had been driven to great altitudes by the news of the collaboration with Mastercard, which got official release on 24th June 2025. The joint venture is to implement Chainlink’s interoperability technology within the Swapper Finance platform, which will allow Mastercard’s 3 billion+ cardholders to directly interact on-chain with crypto assets.

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Source: X

This transition has been viewed as representing a significant breakthrough in filling the gap between the conventional finance (TradFi) and decentralized finance (DeFi), further substantiating Chainlink’s role in being the key provider of infrastructure in the future blockchain world.

Currently, LINK trades around $ 13.31 with a 24-hour trading volume of $ 660.69M and a market cap of $ 9.02B. LINK price decreased -0.57% in the last 24 hours. It continues to hold above the critical $13 support level, showing resilience in the face of broader market uncertainty.

Screenshot 2 4

Source: CoinMarketCap

Open interest in LINK is up 0.4% to $547 million, and the volume in derivatives is up 51% to $607 million, signaling building confidence among traders.

In the event bulls manage to breach the crucial $14 resistance level, analysts expect LINK to surge towards the $25–$30 zone, eyes eventually turning to the 2021 high of nearly $52 if the trend persists.

But if LINK slips its hold on $13, the bears could take it to $10, and another breakdown WOULD open the way to the $5 accumulation zone, a price level last visited in major market declines.

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