Chainlink’s (LINK) price has surged 82.5% this quarter, its strongest performance since Q1 2021, currently trading at $24.50. A cup-and-handle pattern on the monthly chart suggests a long-term target near $125. Institutional adoption and Oracle dominance support a potential $100+ LINK price. Exchange reserves for LINK dropped to 158 million tokens, the lowest since June 2022, signaling reduced sell pressure and potential upward momentum.
Institutional adoption of real-world asset (RWA) tokenization and Chainlink’s dominance in oracles strengthen the case for a $100 LINK price. A recent partnership with UBS and DigiFT in Hong Kong highlights Chainlink’s role in automating tokenized fund operations. Chainlink secures over 83% of Ethereum’s total value secured and 67-68% of the oracle market, supporting over $93 billion in on-chain value. With 6% of LINK’s circulating supply staked and RWA tokenization growing, a $100 LINK price is increasingly plausible.
Read more at CoinTelegraph: Can LINK Price Break Above $100 in 2025?
