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Chainlink Price Prediction: LINK Coin Recent Updates


The Chainlink token – LINK has significantly increased after the ETH token, showing some signs of “bullish” trend. With the recent updates of the protocol, such as launching the Chainlink Reserve fund, the activity of CCIP on different blockchains, etc., the LINK coin is bullish. 

LINK Price Prediction

LINK has experienced a strong growth wave and may continue to rise to its previous peak of $29.23. Currently, LINK is facing resistance at $24.91 but may break this area and advance towards the old peak of $29.23. The key resistance level for this upward wave to continue is $29.23. If a weekly (W1) candle “closes” above this Key Level, it will continue to rise to higher resistance levels at $33.76, $42.56, and $52.19.

LINK Price Prediction

If LINK fails to break $29.23, it may return to the support levels of $24.91 and $19.35. The key support level for this upward wave is $19.35. If this area is broken, the price could fall to the $15.74 support and the final key support level of $10.78. If this $10.78 level fails to hold, LINK’s upward wave will fail and it will decline to the old lows of $7.99 and $5.61.

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LINK Onchain Analysis

Recently, the price increase of the LINK token has been driven by the trend of net withdrawals of LINK from centralized exchanges (CEX). The LINK token grew from $11 on June 22nd to about $24.4 in early August. According to statistics, the amount of LINK tokens on CEXs has decreased by 6%, from 287.37 million to 270.65 million tokens. In total, we could see that the net withdrawal amount of LINK tokens is about 16.72 million, which is worth approximately $408 million.

LINK Onchain Analysis

Who is accumulating the LINK token? The accumulation mainly comes from exchanges, financial institutions, and the Chainlink team itself. These entities continuously transfer large amounts of tokens to cold wallets and new wallets for long-term accumulation purposes. In total, these parties have accumulated 207,999,741.85 LINK, equivalent to about $5.08 billion. Individual wallet addresses (EOA) with holding values of $1 million or more currently own 16,116,023.33 LINK (about $393.23 million). The group of wallets holding $100,000 or more holds 899,550.26 LINK (equivalent to $21.95 million), clearly showing the presence of determined “holders” with strong financial capacity.

LINK Onchain Analysis

In the context of the Chainlink protocol showing positive signs of development, the accumulation and gathering actions by these parties reflect a positive sign for the LINK token and Chainlink’s promising business situation.

Chainlink Protocol Recent Updates

Chainlink Reserve – A Strategic LINK Reserve Fund

On August 7, 2025, Chainlink announced the launch of the Chainlink Reserve fund. The purpose of the fund is to establish an on-chain LINK reserve. The fund is built from off-chain revenue (from large organizations and enterprises) and revenue collected from on-chain services.

The main operating mechanism of the fund is built on the Payment Abstraction mechanism. Quite similar to the paymaster model in crypto, this infrastructure helps users pay fees with assets available in their wallets, such as gas tokens or stablecoins. The collected revenue will be automatically converted into LINK through Chainlink’s services and DEXs. With this mechanism, revenue streams from many different paths—including both off-chain and on-chain payments—are converted and stored as LINK in the Reserve. As of the present time, the fund has accumulated over $1 million in LINK. Additionally, the fund is developed with a multi-day withdrawal lock (timelock) mechanism to ensure safety and stability.

CCIP – Efficient and Secure Cross-Chain Expansion

The Chainlink Cross-Chain Interoperability Protocol (CCIP) is being increasingly widely deployed. Chainlink has just announced that CCIP has been implemented on the Soneium network, allowing for seamless value transfer between Ethereum, Arbitrum, Polygon, and Avalanche.

On Solana, CCIP has also “gone live,” opening up connectivity between EVM and SVM, while also supporting the Cross-Chain Token (CCT) standard so that ERC-20 tokens can operate securely cross-chain—with the total protected assets (CCT) now reaching over $19 billion. According to Wikipedia, CCIP processed a transaction volume of over $2.2 billion in early 2025 and supports more than 50 different blockchains.

Network Upgrades to Enhance Reliability and Scalability

New infrastructure improvements, including the addition of new node operators and enhanced data verification mechanisms, have contributed to improving the performance and reliability of the Chainlink network, especially in the DeFi context. These improvements contributed to a sudden price surge — for example, a 292% price increase in 24 hours on August 8, 2025, thereby increasing the level of trust from developers and institutions.

Strategic Partnerships and Expansion of Applications Beyond the Crypto Sector

Chainlink has expanded its partnerships into many industries outside of DeFi, such as logistics, traditional finance, and insurance. These collaboration projects are gradually bringing Chainlink’s oracles into real-world applications, enhancing the value and reach of the ecosystem.

Furthermore, in the first half of 2025, Chainlink launched a series of new initiatives and integrations. Some highlights:

  • The Automated Compliance Engine, in collaboration with Apex Group, GLEIF, and the ERC-3643 association, helps ensure more automated and transparent compliance.
  • A partnership with Mastercard will allow over 3 billion cardholders to buy crypto directly on the blockchain.
  • Through the Chainlink Build on Solana programme, supporting startups in exploring on-chain potential on Solana.
  • The integration of CCIP with the SuperchainERC20 standard on Optimism/Soneium further affirms the vision of an expanding multi-chain future.
  • Chainlink supports the Hedera mainnet via CCIP, while also deploying Data Feeds and Proof of Reserve on this network, promoting DeFi and the tokenization of real-world assets (RWA) on Hedera.

The post Chainlink Price Prediction: LINK Coin Recent Updates appeared first on NFT Evening.





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