Key takeaways:
LINK’s value has surged by 82.5% this quarter, marking its best performance since Q1 2021.
A 45-month cup-and-handle formation suggests a long-term goal near $125.
Growing institutional RWA adoption and Oracle market leader status bolster expectations for LINK prices to exceed $100.
Chainlink (LINK) is witnessing its best quarterly performance since Q1 2021, rising 82.5% from July 1. Trading currently at $24.50, the token is encountering significant resistance at $25.30; closing above this level would indicate its highest point since October 2021.
This bullish trend is underpinned by a robust technical structure. The monthly chart reveals a significant cup-and-handle pattern spanning 45 months, or around 1,370 days, approaching confirmation with neckline resistance at approximately $25.30.
A definitive monthly close above this level could trigger a breakout. Meanwhile, LINK has regained a bullish stance above both the 25-month and 50-month moving averages, further confirming the upward trend.
The long-term price target for LINK may reach up to $125, representing a potential 415% increase from the current price. Analysts are also highlighting immediate near-term targets.
Trader Javon Marks points out $47.15 as an immediate target, indicating the token could experience a 90% upward move shortly. Additionally, Marks notes $88.26 as a goal, suggesting gains exceeding 255% from current levels.
Onchain data further reinforces the bullish narrative. LINK’s exchange reserves have fallen to 158 million tokens as of Sept. 15, the lowest since June 2022. A decreased supply on exchanges typically signifies reduced sell pressure, potentially enhancing the upward momentum.
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Why $100 LINK appears increasingly feasible
The rationale for a $100 LINK is being bolstered by institutional adoption of real-world asset (RWA) tokenization alongside the protocol’s leadership in the blockchain oracle market.
Cointelegraph has reported that Chainlink has recently formed a partnership with UBS and DigiFT for a pilot project in Hong Kong aimed at automating tokenized fund operations. This initiative seeks to facilitate subscription, redemption, and settlement of tokenized products through Chainlink’s Digital Transfer Agent contracts.
With Hong Kong promoting innovation in RWA tokenization, this pilot emphasizes Chainlink’s role as essential infrastructure in integrating traditional finance with blockchain technology.
Additionally, Chainlink maintains its dominance in the oracle sector. As per Token Metrics, Chainlink protects over 83% of Ethereum’s total value secured (TVS) and around 67%–68% of the entire oracle market, safeguarding over $93 billion in onchain worth.
The network has facilitated $25 trillion in transactions to date, supporting more than 2,000 active data feeds, while implementing CCIP across over 60 blockchains. Data stream throughput saw a surge of 777% in Q1 2025, reflecting expanding adoption.
With 6% of LINK’s circulating supply staked and momentum in RWA tokenization—which is a $66 billion market—Chainlink’s utility drives its target of a potential $100 token value in the foreseeable future.
Related: ‘Diamond hand’ investor turns $1K into $1M as BNB surpasses $1,000
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
