Chainlink Surges 30 as Whale Buys and Institutional Deals Boost Confidence

Chainlink’s (LINK) price surged by more than 30% over the past week, driven by whale purchases and institutional partnerships. Whale activity, including a $11.13 million transfer from Binance to Compound, has bolstered confidence in the asset, while daily active addresses rose to 9,410. Institutional adoption is also rising, with new collaborations involving Fidelity, Swift, and JPMorgan reinforcing Chainlink’s role in the Web3 ecosystem. Additionally, decentralized exchange (DEX) trading volumes reached $1.298 billion in 24 hours, signaling growing utility and market confidence in the project [1].

Meanwhile, the price of SEI has been hovering near the critical $0.33 resistance level, which has acted as both support and resistance in recent months. A breakout above this level could signal the end of a prolonged bearish phase and trigger a new upward trend. Traders are closely watching the $0.25–$0.33 range, as it is a decisive point for the SEI price prediction. Recent trading volumes have exceeded $160 million, with the token closing near $0.32 and showing a 24-hour range of $0.315–$0.327. Analysts note that sustained activity above $0.33 could lead to increased buying pressure and a broader rally [1].

BlockDAG continues to make rapid progress toward its $600 million presale goal, having raised $373 million so far. With 25 billion BDAG tokens sold across 29 batches, the project has attracted over 200,000 unique holders and is building momentum ahead of its mainnet launch. The project’s batch-based pricing model has created urgency among investors, with early Batch 1 holders seeing up to 2,660% gains on paper. If the $1 post-launch target is achieved, projections suggest a potential 3,522% return for early investors. The X1 Miner app has already drawn 2.5 million users, while over 4,500 developers are working on more than 300 Web3 projects for the platform, indicating strong ecosystem development [1].

Together, these movements highlight a market where both established infrastructure projects and emerging blockchains are gaining traction. Chainlink’s institutional partnerships and on-chain strength reaffirm its role as a key player in the decentralized oracle space. BlockDAG’s rapid presale progress and ecosystem development showcase the appeal of high-performance blockchain architectures, while SEI’s proximity to a key resistance level illustrates the ongoing technical significance in crypto trading dynamics [1].

Source:

[1] title: BlockDAG Nears $600M Presale Goal as Chainlink Surges 30 ...

url: https://www.ainvest.com/news/blockdag-nears-600m-presale-goal-chainlink-surges-30-sei-approaches-key-resistance-2508/