Chainlink (LINK) is one of the “dinosaur cryptocurrencies” that has once again captured the market’s attention since the end of 2024.
This resurgence occurred after Donald Trump’s victory in the United States elections, when several long-established assets began trading again at levels not seen in years, experiencing a rebirth driven by growing institutional interest.
In this context, David Zanonicryptocurrency market analyst, highlights in one of his most recent reports that the native currency of the Chainlink network has “significant upside potential due to the network’s real-world utility.” Besides, considers that its price is still below its real valueespecially since it projects that the price of the digital asset could reach $100 by October 2025.
As explained in Criptopedia, educational section of CriptoNoticias, Chainlink is a decentralized oracle network that connects smart contracts to the real world. Within that ecosystem, the feeds Prices are technically known as a “decentralized data model”, which function as information channels that are updated through oracles that receive the link from a node.
For the specialist, the smart contract service enabled by Chainlink is attracting the interest of several companies for its ability to “accelerate commercial transactions, making them more objective and reliable, eliminating the need for third parties to execute them.”
Currently, Chainlink Labs is involved in hundreds of projects in the areas of decentralized finance (DeFi), NFT and gaming, as well as technological initiatives that aim to improve transparency and efficiency in financial transactions. One of these strategic partnerships is with Sygnum, a global digital asset banking group that tokenized $50 million of Matter Labs company’s treasury reserves.
These deals that Chainlink is involved in could push up the price of the largest decentralized oracle system token.
Investment opportunity
The analyst argues that investors who are interested in acquiring LINK “they must have a good understanding” of the bitcoin (BTC) halving cyclethe event that reduces the issuance of the most valuable digital asset on the market by half, and which happens every 4 years.
Historically, bitcoin has recorded the peak of each bullish cycle in the year following its halving, so, according to Zanoni’s analysis, the price of LINK could skyrocket in the short term. In this regard, he says:
«Many project October 2025 as the possible maximum for the current bull market. Consequently, I see the price drop at the end of December as a buying opportunity for those who have not yet purchased LINK.
David Zanoni, cryptocurrency market analyst.
The author highlights the importance of the asset price remaining above $22, consolidating that level as a key support. He also details: “If the support level of $22 holds, the price could test the next resistance level between $29 and $31. If the $22 level does not hold, it could fall to lower levels, reaching $15, where there was support previously.”
As explained in the Criptopedia, educational section of CriptoNoticias, in the technical analysis of financial markets, “support” is called a type of floor with which the price of the asset stabilizes or rebounds parabolically.. According to market psychology, the price of the currency does not fall more than that level because it would be undervaluing the asset.
Zanoni highlights the importance of LINK remaining at $22, as it is healthy for the asset’s growth and will establish stronger support for possible bullish movements in the future.
Likewise, it projects that long-term LINK price could hit $50 high in this bullish cyclewhich would culminate in October 2025. Although it does not rule out that it will rise to $100, if the growing adoption of Chainlink in new projects continues.
In this regard, he says: “Other analysts are less optimistic and project a price close to $45. The $100 target seems realistic, considering that the price has risen significantly during each bitcoin halving cycle. “Increasing adoption of Chainlink in more projects could be the catalyst for a price increase beyond 2025.”
For it to reach the $100 level, LINK would need a market capitalization of more than $63.81 billion. In the hypothetical case that current conditions were maintained, LINK could position itself as the seventh most valuable asset, surpassing dogecoin (DOGE), which currently occupies that position.
Beyond the projections, Zanoni maintains that Chainlink’s success right now depends on “maintaining and growing its market share” to continue growing over the next decade. However, he warns:
“Investors should consider LINK a highly speculative investment due to uncertainties regarding its success and price action. Therefore, you should only invest in LINK an amount of money that you are willing to lose.”
David Zanoni, cryptocurrency market analyst.