Chainlink (LINK), the decentralized oracle network that connects blockchains to real-world data, has spent most of 2025 rebuilding momentum after a shaky start to the year.
The token has rebounded by around 125% from its April lows, but can it realistically reclaim its all-time high near $52 from May 2021? Let’s examine the data and market context.
The underperformance stemmed partly from traders rotating toward Bitcoin and newer high-risk altcoins, leaving mid-cap assets like Chainlink temporarily sidelined.
Bitcoin’s dominance surged above 60% in 2025, fueled by record ETF inflows and institutional buying that pushed BTC to fresh highs above $125,000. This “flight to quality” drained liquidity from altcoins.
By late 2025, Chainlink’s ecosystem fundamentals will have strengthened substantially, reversing the narrative that it had fallen behind newer infrastructure projects.
Chainlink partnered with Canton Network, a blockchain for regulated finance, to power tokenized asset settlement via its crosschain Interoperability Protocol (CCIP).
The integration enables banks and asset managers to securely move trillions in tokenized assets across networks.
Chainlink and Swift expanded their pilot with UBS, enabling onchain fund subscription and redemption using existing Swift infrastructure, a real-world use case bridging TradFi and DeFi.
Asset manager Caliber announced a $6.7 million LINK purchase for its corporate treasury, citing the oracle network’s role in automating valuations and boosting transparency.
Chainlink won the Swift Hackathon 2025 Business Challenge, highlighting its growing dominance in crosschain finance.
Whale wallets accumulated roughly 800,000 LINK in late Q3 2025, with significant outflows from exchanges, a bullish signal indicating that large holders expect higher future valuations.
5.34 million Chainlink $LINK have been withdrawn from exchanges in the last 24 hours! pic.twitter.com/GwzeSqxJQs
— Ali (@ali_charts) September 13, 2025
Technically, LINK’s weekly chart shows the token trading within an ascending parallel channel, with support near $17.50 and resistance near $35. The next breakout target lies around $51–$52, which aligns with the 0.786 Fibonacci retracement level from its 2021 high.
LINK is also trading above its 20-week and 50-week EMAs ($20.29 and $18.04, respectively), confirming medium-term bullish momentum. As long as prices hold above $20, the uptrend remains intact.
The RSI sits around 57—neutral yet rising—leaving room for further upside before overbought conditions emerge.
Chainlink’s technical setup and institutional traction suggest a realistic path back to $50 in the current cycle. However, it hinges on continued capital rotation from Bitcoin into high-utility altcoins as ETF-driven liquidity stabilizes.
If the ascending channel holds and CCIP adoption accelerates, LINK could finally retest its 2021 highs by 2025’s end or in Q1 2026.
Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.