Chainlink Price Prediction: LINK Surges 16%! Here’s Why AllinCrypto April 26, 2025
- Chainlink’s LINK token has surged 16% after recent Trump tariffs suppressed the markets.
- LINK is set for higher as new blockchain networks and financial institutions utilize CCIP
Chainlink is a leading oracle bringing off-chain data on-chain, allowing blockchain networks to communicate and read off-chain data.
For many investors, Chainlink is known as an important crypto token for investment portfolios due to its universal use cases and partnerships with payment systems, including SWIFT.
Over the last week, the LINK token has surged 17% from recent lows of $12.70. Let’s explore what’s happening and where Chainlink could be heading next.
Current Chainlink (LINK) Price Analysis
Chainlink’s native LINK token is up 17% this week from recent lows of $12.70 after a rough few trading months since the beginning of President Trump’s global trade tariffs and economic policies.
With Bitcoin finally decoupling from the traditional markets, we can expect more room for altcoins to climb as BTC eyes flipping $100k once again.
Why is Chainlink going up?
At Allincrypto, we recently identified multiple falling wedge patterns across dozens of top altcoins, not counting Bitcoin.
These falling wedges have finally begun to realize themselves, surging with strong volume through their resistances. As a result, the next phase of continuation may be on the cards as altcoins catch up with Bitcoin’s price appreciation.
Chainlink (LINK) Price Prediction
With Chainlink breaking out of previous resistance levels, the token now has a chance to make up for lost gains throughout the period of January 2025 – April.
Looking at the chart from various time ranges, there’s potential for Chainlink to reach its previous peak at $25.11 if the current surge can be maintained.
What is the news behind this Pump?
Chainlink’s CCIP (Cross-Chain Interoperability Protocol) has been continuously utilized by leading financial institutions, including SWIFT payments, Lloyds Banking, and Citi.
Blockchain networks like Etheruem, Avalanche, and now Hedera Hashgraph are also utilizing CCIP to enable interoperability between multiple networks, allowing decentralized applications and tokens to be shared across networks, bringing multiple benefits.
What is next for Chainlink
Chainlink CEO Sergey Navarov attended President Trump’s first cryptocurrency roundtable at the White House. Chainlink’s collaborations with leading businesses and networks ensure LINK will be a valuable token.
In the near future, we may see LINK ETFs being launched as the US tips towards altcoin ETF launches sometime in 2025.
The post Chainlink Price Prediction: LINK Surges 16%! Here’s Why first appeared on AllinCrypto.
