- Chainlink (LINK) is trading at $17.83, down 1.98%, with trading volume rising 6.92% in 24 hours.
- Analysts identify a bullish flag pattern, hinting at a potential rebound toward $19.35.
- Streamex Corp. partners with LINK to enhance transparency in tokenized gold assets.
Chainlink (LINK) is currently trading at $17.83, marking a 1.98% drop in the past 24 hours. Despite this pullback, trading volume surged to $863.38 million, up 6.92%, signaling continued investor engagement. Over the past seven days, LINK posted a modest 1.33% gain, maintaining stability within a narrow trading band.
LINK Price Action Hints at Uptrend Continuation
Crypto analyst Crypto AI by Klondike noted that LINK is displaying a bullish flag formation on the one-hour chart. This pattern often indicates a continuation of an uptrend following short-term consolidation.
The analyst recommended an entry point at $18.31, with a stop-loss at $17.98 and a potential target resistance at $19.35, suggesting optimism despite short-term market hesitation.
Market sentiment around LINK remains cautiously positive as traders await a potential breakout from current levels.
Also Read | Chainlink (LINK) Price Eyes $46 as Whale Accumulation Boosts Momentum
Chainlink Price Predictions for 2025
According to DigitalCoinPrice, LINK could surpass its previous all-time high of $52.88 and potentially trade between $35.24 and $39.15 by the end of next year. Analysts cite increasing institutional adoption and expanding use cases in decentralized finance (DeFi) as primary growth drivers.
In contrast, Changelly’s outlook remains conservative, predicting LINK’s average price near $20.00 with a potential ROI of 6.8%. For October 2025, the platform expects LINK to fluctuate between $18.12 and $18.29, implying a -2.5% ROI in the short term. Such divergence underscores market uncertainty amid broader crypto volatility.
Streamex Corp Partners with Chainlink for Gold Tokenization
In a significant development, Streamex Corp., a Nasdaq-listed platform specializing in commodity tokenization, announced its partnership with Chainlink as its official oracle and interoperability provider. The collaboration aims to enhance transparency and cross-chain operability for Streamex’s gold-backed stablecoin, GLDY.
Through the integration of Chainlink’s Proof of Reserve, Price Feeds, and Cross-Chain Interoperability Protocol (CCIP), investors will gain access to real-time verification of gold reserves and secure multi-chain transfers across ecosystems like Base (BASE) and Solana (SOL).
This move underscores a broader institutional shift toward leveraging Chainlink’s technology to ensure transparency and reliability in tokenized assets. Earlier partnerships with Backed Finance and Crypto Finance further highlight Chainlink’s expanding influence across traditional finance and blockchain integration.
Also Read | Chainlink Eyes Major $35 Breakout After $188 Million Whale Accumulation
