Chainlink Token Rises 50% as Tokenized RWA Market Surpasses $25 Billion

Chainlink has experienced a significant 50% increase in its LINK token price over the past two weeks, reaching $24, as the market for tokenized real-world assets has surpassed $25 billion in total value. The surge has positioned Chainlink as a key player in the rapidly evolving blockchain infrastructure space, particularly in the oracle services sector [1].

The oracle network, which provides critical data feeds for decentralized finance (DeFi) protocols, holds an 84% market share on Ethereum and 68% across all DeFi platforms. These figures underscore Chainlink’s entrenched role in facilitating the integration of real-world data with blockchain systems, a necessity for tokenizing traditional assets such as real estate, commodities, and stocks [1].

The tokenized real-world asset (RWA) market has gained significant traction, driven in part by institutional adoption. BlackRock, among other major financial institutions, has been instrumental in pushing for blockchain-based settlement systems as a more efficient alternative to legacy infrastructures like SWIFT. This shift is prompting traditional finance firms to explore blockchain solutions, with some, such as Stripe and Circle, developing proprietary infrastructure [1].

Crypto analyst Miles Deutscher has emphasized Chainlink’s strategic advantage in the current market cycle. According to Deutscher, “LINK might be the most obvious large-cap play for this cycle, yet most people will miss it.” The reasoning is that as blockchain ecosystems become increasingly fragmented, the need for a universal data provider becomes more pressing. Chainlink’s oracle services are described as the “universal translator” required to connect disparate blockchain networks with real-world data [1].

From a technical standpoint, the recent price surge has coincided with increased on-chain activity. Blockchain analytics firm Santiment reported the highest number of active LINK addresses in eight months and the most whale transactions in seven months. Despite this momentum, the token is still trading at 55% below its all-time high of $52.70 set in May 2021, suggesting potential for further gains if the current trend continues [1].

Chainlink’s tokenomics model is also contributing to its market resilience. The network’s structure allows for an automated buying mechanism as adoption grows, which analysts refer to as a “flywheel effect.” This mechanism may create sustained demand for the LINK token as more DeFi and traditional financial institutions integrate with Chainlink’s oracle services [1].

Looking ahead, Deutscher noted the difficulty in predicting which blockchain platforms or DeFi applications will dominate in the future. However, he stressed that Chainlink is likely to remain essential regardless of these uncertainties. “We know that Chainlink is powering it all. It becomes the ultimate pick-and-shovel play,” he said, drawing a parallel to infrastructure providers during historical industrial or economic booms [1].

Chainlink’s performance in the last two weeks reflects the broader shift toward tokenized assets and the increasing reliance on reliable oracle infrastructure. With institutional backing, strong market share, and growing adoption, the network is well-positioned to benefit from the ongoing blockchain-driven transformation of traditional financial markets [1].

Source: [1] Chainlink Surges 50% in Two Weeks as Real-World Asset Market Tops $25 Billion (https://coinmarketcap.com/community/articles/689dac6ecd503f0cdaa2264f/)