Chainlink price has surged over a staggering 44%. Crypto trader Johnny, boasting over 860,000 followers on X, noted a bullish setup for LINK after it reached $24.60, stating, “LINK’ looking like it’s ready for round 2” in a Wednesday post.
Santiment reported that LINK, currently priced at $24.00, is experiencing its highest bullish sentiment since February. According to Coinglass data, further 6.2% rise to $25.50 could trigger $61 million in short-position liquidations
Chainlink’s Role in Institutional Growth Of Crypto
Deutscher attributes Chainlink’s potential to its pivotal role in the institutionalization of crypto, particularly in the rise of stablecoins, tokenization, and real-world assets (RWAs). In July, 2025 Chainlink was also recognized by the White House as a key player for building the financial future of the US.
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On Monday, Chainlink announced a partnership with Intercontinental Exchange (ICE), a US-based Fortune 500 company, to bring foreign exchange and precious metals data on-chain.
Sergey Nazarov, co-founder of Chainlink said, asset tokenization will accelerate capital movement across traditional markets. It will enhance liquidity in asset classes like treasuries, equities, private credit, commercial debt, and real estate.
