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Chainlink (LINK) price has stalled around $15 in the past week, dipping 2% in the last seven days. Experts were bullish on LINK in the altcoin season, suggesting it could potentially reach $20. The asset recently reclaimed $16, but has since corrected under that mark, concerning investors. LINK hit $16 thanks to heightened weekly exchange outflows worth approximately $11.27 million. Last week, the crypto industry saw Bitcoin experience a game-changing surge that could ignite a shifting sentiment for the industry. Indeed, the asset reached a new all-time high of $111,000 before retreating to close the week. That is a driving reason behind bulls grabbing hold of LINK’s momentum. Traders are eyeing key levels on the LINK/USDT charts for where Chainlink could go next. LINK currently faces resistance in 2025 at $20, a level where sellers have stepped in before. A push past that could send LINK toward a $25–$26 area. Beyond lies a mid-term target of $28–$30, matching late-2024 highs. Al...

The decentralized oracle network Chainlink (LINK) continues to dominate crypto’s real-world asset (RWA) sector in terms of development activity, according to the analytics firm Santiment. Santiment notes in a new post on the social media platform X that Chainlink registered 532.43 notable GitHub events in the past 30 days. The figure far exceeds the second-ranked RWA project, the layer-1 blockchain Avalanche (AVAX), which clocked 290.87 GitHub events. The peer-to-peer payments project Stellar (XLM) was third, with 240.7. Chainlink has occupied the top spot on Santiment’s list all year, often clocking multiple times the number of GitHub events as the second-ranked project. Source: Santiment/X Santiment notes that it doesn’t count routine updates and uses a “better methodology” to collect data for GitHub events based on a “backtested process.” The analytics firm has previously said that heavy development activity centered around a crypto project is a ...

A decentralized oracle provider and two artificial intelligence (AI)-focused altcoins surged just hours after going live on top US-based crypto exchange platform Coinbase. The data reveals that Chainlink (LINK) rival Pyth Network (PYTH) and AI-based projects Kaito (KAITO) and Bittensor (TAO) all saw significant increases in price after gaining support from Coinbase. KAITO – an “InfoAI” protocol that aims to solve the problem of fragmentation within the digital assets industry – was recently listed by both Coinbase and the top global crypto exchange by volume Binance en route to nearly doubling up its price. Kaito is trading for $1.92 at time of writing, a staggering 99.89% rise during the last 24 hours. Moving on to the decentralized machine-learning network Bittensor, an open-source platform that allows investors to create and swap AI learning models, the data finds that TAO also saw a significant increase in price but eventually stabilized. TAO sky...

Despite its recent correction to kick off the New Year, the cryptocurrency market has plenty of optimism around Chainlink (LINK). LINK is recovering from a 13% dropoff to start the year, and analysts are bullish on the asset to rebound. Amid a crypto market recovery, LINK is currently outperforming Bitcoin and Solana (SOL). The incoming Trump administration has investors turning to popular coins on the market like DOGE, SOL, and BTC. LINK, however, is topping them all, with even AI aggregators predicting great performance ahead. OpenAI’s advanced ChatGPT-4o model offers a bullish outlook for Chainlink. Indeed, the software projects that LINK could trade between $30 and $35 by the end of Q1 2025, with the potential for further growth if key catalysts materialize. One of the biggest catalysts is expected to be the official inauguration of Donald Trump as the next US president. His support for cryptocurrency and plans to enact executive orders supporting digital assets as soon as possible...

The cryptocurrency market is surging and introducing new valuable coins each day. According to Santiment, a set of Altcoins are constantly revamping their ecosystem, poised to hit new highs this bull season. According to a list shared by Santiment on X, a set of notable Altcoins are working on expanding their ecosystem to new levels. These coins are undergoing a serious revamping and rejuvenation process to ensure maximum user activity and profits.  Keeping the progressive aspect of such tokens in mind, here are the top three coin suggestions that are poised to grow 70x-100x this bull season.  Also Read: Cryptocurrency: 3 Meme Tokens To Choose Over ADA For 10x Returns Top Coins To Purchase For Maximum (70x-100x) Profits This Bull Season Image Source: WatcherGuru Cryptocurrency #1: Optimism  Dubbed as one of the biggest scaling solutions for Ethereum, Optimism is the leading layer two blockchain of Ethereum. OP profits from Ethereum’s security mainn...

With Bitcoin [BTC] leading the market surge, Chainlink (LINK) emerges as a standout performer, driven by its compelling market dynamics. Notably, Chainlink has observed a significant surge in trading volume, increasing by an impressive 235.80% to reach $1,373,322,254. Currently, LINK is trading at $20.04, reflecting a 5.61% daily increase. Source March 2024: Chainlink Price Forecast Experts in the crypto currency field are preparing to reveal their forecasts for LINK ’s price performance in March 2024. Predictions suggest a trading range for LINK between $19.53 and $23.55 for the month, with an average anticipated value of around $21.54. These forecasts consider various market factors and trends, providing insights into LINK ’s potential trajectory. Also Read: Chainlink (LINK) and Avalanche (AVAX) Poised for 15% Rally Expecting a Strong March for Chainlink The outlook for Chain LINK in March 2024 looks promising, fueled by its recent collaboration. The integr...

The significant “shark” tier of Chainlink holders, possessing 10,000 to 100,000 $LINK tokens each, has been actively accumulating. As of now, there are 3,127 wallets within this tier, marking the highest count since December 3, 2022, reports Santiment. advertisement Courtesy: Santiment Over the last three weeks, Chainlink ’s on-chain data has been showing good development with renewed investor interest in the altcoin. As of press time, LINK price is trading 2.67% up at $6.37 with a market cap of $187 million. Over the last week, the LINK Price is up by 6.29% while most of the altcoins are in the red. Another positive development for Chainlink (LINK) is that despite the current price surge, investors are not looking for any profit booking. Instead, the exchange reserves for LINK have been dropping. Over the last three weeks, Chainlink investors have withdrawn nearly 1.8 million LINK tokens. Recommended Articles ...

For the most part of 2023, Chainlink has been trading in the $6-$7 range. In June, it dropped to a low of $4.7 but swiftly recovered. Despite the price fluctuations, LINK has been in Contango since Q2 2023. It has not stepped into the Backwardation yet. To contextualize, Contango and Backwardation are futures curves that depict the pattern of prices over time. A market is considered to be in Contango when the futures price is above the expected spot price. This is usually a bullish sign. Contrarily, when the futures price hovers below the expected spot price, then the market is considered to be in backwardation and is a bearish sign. Thus, with the LINK market consistently in Contango, it can be contended that traders expect the asset’s price to rise over time. Source: IntoTheBlock Also Read: Bitcoin Must Surpass $98,000 for Miner’s Sustainability in 2024 Amid the bullish sentiment, WHALES and Sharks have been accumulating LINK. A recent Analysis by Santi...