Chainlink's LINK Rises 18% Weekly Amid Strong On-Chain Buying and RWA Momentum

Chainlink's native token, LINK, surged more than 18% in the past week, reaching a six-month high near $25. The rally came following a breakout above a key resistance zone between $20 and $21, a level that had previously stalled the price multiple times since early 2025. The move was supported by strong volume, pushing the token above its 200-day moving average and into a consolidation phase above critical support levels [1].

On-chain data highlights increased activity among large holders. Whale wallets added over 1.1 million LINK in the past week—approximately $27 million in value—while smart money addresses increased holdings by over 12% during the same period. The top 100 LINK wallets have also shown renewed accumulation, signaling confidence in the token’s near-term trajectory [1].

The price action aligns with broader developments in Chainlink’s infrastructure initiatives, particularly in the real-world asset (RWA) space. The project recently launched data feeds for U.S. equities and ETFs, positioning itself as a key enabler for institutional-grade blockchain applications. One analyst noted, “Chainlink is delivering what institutions need for tokenized markets,” adding that the “LINK era is here” [1].

These advancements have elevated Chainlink to the top of RWA development activity according to Santiment. As institutional interest in blockchain infrastructure grows, Chainlink’s role as a trusted oracle provider is gaining recognition. This has been especially relevant in a market context where spot Ethereum ETFs have attracted substantial inflows, indirectly benefiting supporting infrastructure protocols [2].

Analysts remain cautiously optimistic. If Bitcoin maintains support at $115,000 and Chainlink continues to consolidate above key levels, the token could move toward $29, a weekly resistance target. However, a pullback to $20 remains a potential risk if broader market sentiment weakens. The speed of the recent rally suggests that a sharp decline is less likely unless broader conditions shift [1].

Despite the broader dominance of speculative assets such as meme coins, Chainlink’s stable performance has drawn attention from investors seeking more reliable exposure to the crypto market. The project’s ability to provide real-time data verification for smart contracts continues to be a key factor in its appeal [2].

Looking ahead, continued adoption of blockchain-based solutions that rely on data oracles could further reinforce the momentum for LINK. While analysts project the price near $25.57 by August 18, 2025, actual performance will depend on macroeconomic conditions, regulatory developments, and ongoing institutional adoption [3].

Source:

[1] LINK Jumps 18% Weekly: What’s Driving Chainlink to a 6-Month Peak?

https://coinmarketcap.com/community/articles/68a3f90de5b8066386afbc6c/

[2] Injective Introduces Market for Nvidia GPU Rentals

https://m.economictimes.com/crypto-news-today-live-18-aug-2025/liveblog/123350562.cms

[3] Previsão de preço de Chainlink (LINK)

https://www.bitget.com/pt/price/chainlink/price-prediction