Key Points:
LINK price has risen 82.5% this quarter, marking its strongest performance since the first quarter of 2021.
The cup and handle pattern formed over 45 months points to a long-term target close to $125.
Institutional-level RWA adoption and the dominance of oracle services support LINK price reaching $100 and above.
LINK is experiencing its strongest quarterly performance since the first quarter of 2021, having risen 82.5% since July 1. Currently, the token is trading at $24.50, facing a key resistance level at $25.30. If the monthly close is above this level, it will mark the highest level since October 2021.
This bullish momentum is supported by a long-term technical structure. On the monthly chart, LINK has formed a massive cup and handle pattern spanning 45 months (approximately 1370 days). Analysts indicate that this pattern is about to be confirmed, with the neckline resistance around $25.30.
A decisive monthly close above this threshold could trigger a breakout. Meanwhile, LINK has regained a bullish position above the 25-month and 50-month moving averages, reinforcing this positive trend.
LINK's long-term price target could be as high as $125, representing a potential increase of 415% from current levels. Market analysts have also noted recent targets.
Trader Javon Marks believes that $47.15 is an immediate level of interest, indicating that the token could rise 90% in the short term. Additionally, he points to $88.26, which would represent an increase of over 255% from the current price.
On-chain data further supports the bullish argument. Professional analysis shows that as of Monday, LINK's exchange reserves have dropped to 158 million, the lowest level since June 2022. A decrease in exchange supply is typically interpreted as a signal of reduced selling pressure, which could strengthen upward momentum.
With institutional adoption of real-world asset (RWA) tokenization and the protocol's dominance in the blockchain oracle space, the likelihood of LINK reaching $100 is continuously increasing.
According to Golden Finance, Chainlink recently collaborated with UBS and DigiFT on a pilot project in Hong Kong aimed at automating the operation of tokenized funds. The initiative utilizes Chainlink's digital transfer agency contracts to streamline the subscription, redemption, and settlement processes for tokenized products.
As Hong Kong actively promotes RWA tokenization innovation, this pilot project highlights Chainlink's crucial role as a key infrastructure connecting traditional finance and blockchain.
Meanwhile, Chainlink continues to dominate the oracle space. According to Token Metrics data, Chainlink secures over 83% of the total collateral value (TVS) on Ethereum and approximately 67%-68% of the entire oracle market, safeguarding over $93 billion in on-chain value.
The network has facilitated $25 trillion in transaction volume, supports over 2,000 active data feeds, and operates CCIP across more than 60 blockchains. In the first quarter of 2025, data flow throughput surged by 777%, reflecting a significant acceleration in its adoption rate.
With 6% of LINK's circulating supply staked and the RWA tokenization market (valued at $66 billion) continuing to heat up, Chainlink's utility is driving its potential future token value target of $100.
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This article does not contain any investment advice or recommendations. Any investment and trading activities involve risks, and readers should conduct their own research before making decisions.
Original article: “Chainlink (LINK) Achieves Best Performance Since 2021, Cup and Handle Pattern Targets $100”
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