Chainlink (LINK) Smashes Holder Record—$25-$30 Price Surge Imminent?

Chainlink’s network just hit an all-time high in unique holders—and the market’s itching to price it in.

The Bull Case:

With LINK’s holder base ballooning, the oracle giant’s token is primed for a liquidity squeeze. Traders are eyeing the $25-$30 range as the next logical target, assuming demand keeps outpacing supply. No fancy math here—just basic econ (and a dash of crypto hopium).

Why This Time’s Different:

Unlike past rallies fueled by empty hype, this surge rides on tangible adoption. LINK’s embedded in everything from DeFi blue chips to Wall Street’s pet blockchain projects. Even the suits can’t ignore it now—though they’ll still call it ‘speculative’ while quietly stacking bags.

The Kicker:

If LINK cracks $30, it’ll trigger a FOMO wave that makes NFT mania look tame. Just don’t tell the ‘fundamental analysts’ who still think price discovery happens in Excel sheets.

TLDR

• Chainlink (LINK) holder count hits new all-time high of 769,380 addresses, adding 7,903 new holders in the past month
• The 1-year MVRV ratio shows holders are down 17.3% on average, creating what analysts call an “opportunity zone”
• LINK has gained 21% from Sunday lows and broken out of a months-long downtrend pattern
• Price is testing key resistance at the 100-day moving average around $14.65 after bouncing from $11.50
• Analysts target $25-$30 if Chainlink can break above current consolidation range with volume

Chainlink is experiencing a surge in new investors while showing early signs of a technical reversal after months of decline. The cryptocurrency has gained 21% from its recent Sunday lows, currently trading around $13.15.

On-chain data reveals that Chainlink’s total holder count has reached a new all-time high of 769,380 addresses. Over the past month alone, 7,903 new non-zero balance addresses have joined the network.

This influx of new holders comes as the Market Value to Realized Value ratio shows existing investors are holding unrealized losses. The 1-year MVRV ratio currently sits at negative 17.3%, meaning holders who bought in the past year are down an average of 17.3%.

Growing Adoption Despite Market Conditions

The increase in holder count suggests net adoption is taking place for Chainlink. New investors are entering the space while some previous holders may be returning after selling earlier.

Analytics firm Santiment notes that the negative MVRV ratio could indicate chainlink is in a “long-term investing opportunity zone.” Historically, when holders are underwater, selling pressure tends to decrease since profitable investors are more likely to sell.

🔗📈 Chainlink's +11% price jump today comes as its amount of holders recently surpassed its all-time high, now up to 769,380. Additionally, wallets active in the past year are -17.3%, indicating its long-term investing timeframe is in an opportunity zone. https://t.co/dvejBSsVs6 pic.twitter.com/XC4K0n80Dp

— Santiment (@santimentfeed) June 24, 2025

The holder growth trend began earlier this year and has been climbing at a steady rate. This pattern typically emerges when fresh investors enter the market or existing users create new wallets for various purposes.

Technical Analysis Shows Reversal Signs

From a technical perspective, Chainlink is showing early signs of trend reversal after months of decline. The cryptocurrency recently rebounded from the $11.50 support level and is now trading above the 50-day simple moving average at $13.50.

LINK is currently testing resistance at the 100-day moving average around $14.65. This level previously acted as resistance in late May and early June.

Analyst Henry Lord notes that Chainlink has broken its long-standing downtrend and entered a clear accumulation phase. He describes this as a structural shift after months of quiet price behavior.

Look closely guys $LINK has been through months of downtrend and silence.
But something is changing.

The downtrend is broken guys, and price is now moving through a clear accumulation and consolidation phase.

These zones often come before the loudest moves. We all know what is… pic.twitter.com/mUTPjst3aP

— Henry (@LordOfAlts) June 21, 2025

The consolidation range that Chainlink has maintained shows resilience despite broader market pressures. Volume is increasing and volatility is picking up compared to the recent period of inactivity.

If bulls manage to break above the 100-day moving average with volume, the next target lies NEAR $17-$18. Some analysts suggest a breakout could push prices toward the $25-$30 range.

The cryptocurrency remains over 25% below its May highs, reflecting broader market uncertainty. However, the combination of growing holder adoption and technical improvements suggests potential for upward movement.

Current price action shows LINK forming higher lows within its accumulation range. A clean breakout above key resistance levels around $14.65 could confirm the start of a larger upward trend.