Chainlink Surges 44.58% as Institutional Demand and Strategic Moves Drive Momentum

Chainlink (LINK) has experienced a significant price surge, with a 40.83% rally over the past week and a 44.58% increase in the last month, as institutional and whale accumulation continues to drive demand [1]. The asset is currently trading at $22.05, with a market cap of $14.94B and a 24-hour trading volume of $1.76B, positioning it as one of the top-performing altcoins in recent sessions [1].

The recent bullish momentum has been supported by on-chain activity showing over $150M in LINK accumulation over the past two weeks. This has coincided with the launch of Chainlink’s strategic LINK reserve, which is funded by both on-chain and off-chain revenue and aims to stabilize the ecosystem while supporting future integrations [1]. The reserve underscores the project’s growing institutional relevance and long-term strategic planning.

Institutional interest has also been bolstered by favorable regulatory developments, including the SEC’s approval of liquid staking and broader pro-crypto policies such as Trump’s executive order allowing crypto inclusion in 401(k) retirement plans [1]. These developments have reinforced Chainlink’s position as a key player in blockchain infrastructure and oracle services, attracting investors seeking exposure to real-world data solutions.

On the technical front, Chainlink has confirmed a Golden Cross, where the 50-day moving average has crossed above the 200-day average—a classic bullish signal in technical analysis [1]. This has prompted analysts to set short-term price targets at $24, $28, and $32 if the upward trend continues [1]. The $20–$19.50 range has emerged as a critical support zone, offering a safety net in case of any pullbacks.

Further reinforcing the positive sentiment, on-chain data reveals increasing wallet activity and new integrations across Chainlink’s oracle network, particularly in commodity tokenization and cross-chain finance [1]. These trends highlight the expanding utility of Chainlink’s services and the growing reliance on its infrastructure by DeFi and traditional finance participants.

ETHNews analysts suggest that a breakout above the $24 resistance level could accelerate the price toward $28–$32, assuming the current momentum is sustained [1]. The convergence of strong fundamentals, institutional adoption, and positive technical indicators has created a compelling case for continued price appreciation in the near term.

Source: [1] https://coinalyze.net/ripple/usd/bitstamp/price-chart-live/