Bitcoin News Today: Chainlink LINK surges 12% on Fed optimism and security certifications

Chainlink (LINK) has seen a notable price surge, climbing 12% within 24 hours to reach $27.8, its highest level since December. This recovery aligns with broader market optimism, as Bitcoin rose 3.5% and the CoinDesk 20 index gained 6.5%. The upward movement coincided with positive remarks from U.S. Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, signaling potential monetary policy easing [1].

A key factor underpinning Chainlink’s recent performance is its achievement of ISO 27001 and SOC 2 Type 1 certifications, making it the first blockchain data provider to receive such independent security validations from Deloitte. These certifications cover critical services like price data feeds and proof of reserve solutions, reinforcing institutional confidence and adoption [1]. Chainlink officials highlighted that the certifications are expected to drive engagement from financial institutions and decentralized finance protocols.

In addition to these milestones, Chainlink Reserve has continued its token accumulation strategy, recently purchasing 41,000 LINK tokens, bringing the total reserve to 150,778 tokens valued at approximately $4.1 million. This strategic accumulation is seen as a bullish signal, contributing to increased market momentum [1].

Technical analysis also points to strengthening price action, with trading volume nearly quintupling over the daily average, reaching 12.84 million tokens. Key support levels have been identified at $24.15, while resistance levels at $25.00, $25.50, and $26.00 show notable investor activity. Institutional investors have been active in purchasing large quantities of LINK, indicating continued interest and confidence in the asset.

Analysts have speculated on potential price targets, with Token Metrics projecting prices of $30.69 and $38.26 by the end of 2025 and 2030, respectively, based on current trends and adoption rates [1]. Hype DYOR notes that a rebound from the 20-day EMA at $21.49 could push prices toward $27 or higher, with possible retests of $31 and $36 [2]. Bitget’s analysis emphasizes whale activity and ecosystem expansion as key catalysts for the recent rally [7].

Despite the optimistic forecasts, the market remains in consolidation, with sideways trading observed. Investors are advised to monitor key technical levels and historical breakout zones to assess the likelihood of a sustained rally. The broader crypto market is showing signs of renewed strength, which may further benefit altcoins like Chainlink through increased liquidity and investor rotation [6].

Chainlink’s growing adoption, bolstered by enhanced security measures and strategic token accumulation, positions it as a key player in the evolving crypto landscape. However, as with all cryptocurrencies, volatility remains a risk, and investors should approach future projections with caution [1][2].

Source:

[1] CoinMarketCap - [https://coinmarketcap.com/community/articles/68a96de0cf70f873204088f4/](https://coinmarketcap.com/community/articles/68a96de0cf70f873204088f4/)

[2] CoinCentral - [https://coincentral.com/chainlink-consolidates-in-sideways-trading-as-rollblock-emerges-as-the-smart-money-magnet/](https://coincentral.com/chainlink-consolidates-in-sideways-trading-as-rollblock-emerges-as-the-smart-money-magnet/)

[6] Crypto Daily - [https://cryptodaily.co.uk/2025/08/ai-models-the-next-moves-in-crypto-price-outlook-for-btc-eth-xrp-bnb-and-sol](https://cryptodaily.co.uk/2025/08/ai-models-the-next-moves-in-crypto-price-outlook-for-btc-eth-xrp-bnb-and-sol)

[7] Bitget - [https://www.bitget.site/price/altcoin-season-index](https://www.bitget.site/price/altcoin-season-index)