Key takeaways:

Chainlink (LINK) has surged by 82.5% this quarter, marking its most robust performance since the first quarter of 2021.

A long-term cup-and-handle pattern spanning 45 months suggests a potential price target near $125.

Increased institutional adoption of real-world asset (RWA) tokenization and Chainlink’s dominance in blockchain oracles bolster expectations for prices above $100.

Since July 1, Chainlink’s native token has experienced a remarkable rally, currently trading around $24.50. It faces a critical resistance level at approximately $25.30, with a monthly close above this threshold poised to establish new highs unseen since October 2021.

The bullish outlook is reinforced by a significant technical formation on the monthly chart—a cup-and-handle pattern that has been developing over roughly 1,370 days. Confirmation of this pattern hinges on breaking through the neckline resistance at $25.30.

LINK one-month chart. Source: TradingView

Should the monthly close surpass this resistance, it could trigger a significant breakout, especially as the price has surpassed key long-term moving averages of 25 and 50 months, further affirming the bullish trend.

Long-term projections are optimistic, with some analysts suggesting a potential rise to around $125—representing a nearly 415% increase from current levels. Near-term targets also look promising: trader Javon Marks points to $47.15 as an immediate milestone, implying a 90% rally, with a higher target at $88.26 indicating gains exceeding 255%.

LINK one-week analysis by Javon Marks. Source: X

Supporting the bullish sentiment, on-chain data indicates decreasing supply on exchanges—reserves have dropped to 158 million tokens, their lowest level since June 2022. Such a reduction typically signifies diminished sell pressure, potentially accelerating upward price momentum.

LINK exchange reserves—all exchanges. Source: CryptoQuant

As adoption of RWA tokenization advances—a market projected to reach $66 billion—Chainlink’s strategic moves reinforce the outlook for its price to surpass the $100 mark in the foreseeable future. The protocol’s key role in bridging traditional finance and blockchain is exemplified by recent partnerships, such as its collaboration with UBS and DigiFT in Hong Kong to automate tokenized fund operations, showcasing its expanding influence in the crypto markets.

Oracle market share dominance by Chainlink. Source: Token Metrics/X

Chainlink maintains a commanding share of the oracle sector, securing over 83% of Ethereum’s total value secured (TVS) and approximately 67–68% of the entire market, safeguarding more than $93 billion in on-chain assets. Its network has facilitated over $25 trillion in transactions, supporting more than 2,000 data feeds across 60+ blockchains, with data throughput increasing sharply in early 2025.

By backing critical infrastructure in DeFi, NFTs, and smart contract execution, Chainlink’s expanding network and the rising momentum of RWA tokenization are setting the stage for a potential rise to $100 and beyond—highlighting its pivotal role in the evolving crypto landscape.

This article does not constitute investment advice. Investors should exercise caution and conduct thorough research before engaging in trading or investing in cryptocurrencies.