The post Chainlink Outpaces Bitcoin, Nears Solana’s Gains appeared on BitcoinEthereumNews.com.

In a remarkable display of resilience and growth, Chainlink (LINK) has surged by 31% over the past seven days, nearly overtaking Solana’s 35% gain while comfortably outpacing Bitcoin’s 10.83% increase in the same period.  Recent market data underscores Chainlink’s position as one of the highest-performing mega-cap cryptocurrencies, with a market cap of over $16 billion, daily trade volume surpassing $1.4 billion, and a circulating supply of more than 55 million tokens. Chainlink price predictions suggest an all-time high in Q1 2025 if the Trump inspired crypto bull run continues. This bullish momentum aligns with the buzz surrounding Donald Trump’s second presidential inauguration. While Bitcoin, Solana, and even new meme coins like TRUMP and MELANIA captured headlines, Chainlink quietly attracted substantial capital inflows that propelled it to new local highs. The token’s price, which consolidated above the $25 mark at the start of the week, shows signs of sustaining its upward trajectory, fueling speculation that it could eclipse Solana’s weekly performance and continue outperforming Bitcoin in the days ahead. Source: BNC Trump’s endorsement appears to have been a key driver of Chainlink’s recent success. Notably, World Liberty Financial (WLFI)—a Trump-backed crypto firm—embraced the Chainlink standard last November for “on-chain data and cross-chain connectivity.” Chainlink founder Sergey Nazarov attended several black tie dinners and functions during Trump’s inauguration week, mixing with the global elite, another sign that Chainlink is on the rise in 2025. Sergey Nazarov and Chris Barrett from Chainlink at the Crypto Ball, Source: X World Liberty Finance Buys Chainlink In mid-December, WLFI revealed via social media that it had purchased nearly $4.7 million worth of LINK. On X.com, the investment was confirmed by @stakedotlink, which announced WLFI’s additional procurement of over 37,000 LINK tokens, bringing the total treasury holdings to more than 78,000 LINK. These substantial investments and endorsements…

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Filed under: News - @ January 22, 2025 4:20 pm