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Is $100 for LINK Realistic? Chainlink Price Prediction 2024, 2025, 2030

Is $100 for LINK Realistic? Chainlink Price Prediction 2024, 2025, 2030
Author: Alexander

Contents

By 2024, Chainlink (LINK) can be fairly considered one of the foundational projects in the crypto space. How does it reflect on the token’s price? We review Chainlink‘s fundamentals and current state and give a Chainlink price prediction for 2024 and the future years.

chainlink price prediction

chainlink logo

Chainlink is a decentralized network of oracles — programs that can connect off-chain data with on-chain functionality like smart contracts. An oracle does it by “translating” this external data into a set of smart contracts and verifying it with other oracles.

The Chainlink network is finding a lot of use in DeFi: for instance, it can feed the price data to the decentralized exchanges. Google Cloud is using Chainlink as a tool for developing blockchain applications.

The oracle node operators in Chainlink are rewarded for verifying data in LINK tokens. They can serve as collateral to improve the trust rating of their node, which means more jobs for it.

If you want to know more details about how exactly Chainlink works, we recommend referring to our Beginner’s Guide to Chainlink.

link price 2017-2020

Chainlink testnet and LINK were launched in Q3 of 2017. In an ICO, LINK was sold for about $0.11, and at the same price it entered the market.

At the end of 2017, following the market, it rose to over $1.The 2018 correction was followed by a bear market in LINK as well.

The closing price for LINK in 2018 was about $0.3. 2019 was the year when Chainlink’s success truly began with the launch of mainnet.

Not long before the mainnet went live, Google Cloud announced they would start developing hybrid blockchain-cloud solutions using Chainlink. After this Chainlink news, the price pumped to a little short of $4.

The year closed with the LINK price at $1.80, but it ended up being one of the best-performing assets in 2019.

By the end of June 2020, LINK already beat the previous price record, and on July 16 reached $8.80. It was mostly caused by the launch of the Chinese National Blockchain Network, which has Chainlink price oracles integrated.

link price 2021-2024

Over the course of 2020, LINK was among the top-performing DeFi coins. The rally continued in 2021, and the current ATH of $52.70 was reached on May, 10.

The sell-off in cryptocurrencies caused LINK prices to fall off that high sharply back to $13.78 by July. When the bull run resumed, LINK managed to climb up only to $34.34.

At the opening of 2022, the Chainlink token was worth $20.67. Half a year later, it was already below $7, and LINK stayed in the range between $5 and $9 until October 2023.

The LINK market trends shifted to the upside in late 2023, bringing the LINK price back to double digits. Although a delayed effect, it could be attributed to the launch of the Cross-Chain Interoperability Protocol (CCIP) in July, By the start of 2024, it was already above $15.

Another boost from the approval of Bitcoin ETFs that spread across the crypto market propped LINK above $20. From there, it pulled back save for a brief rally in May on the DTCC’s Smart NAV news.

Today, at the moment of writing, the LINK price is $10.99, and in the CoinMarketCap rating, it ranks 14th.

Partnerships

For Chainlink, the most value comes from the partners and data providers who use their product. Existing collaborations include large players such as Google, SWIFT, and Intel.

The focus of the team today is on integrating other blockchains into the network. With the advent of CCIP, the mission took on a new turn. The most recent additions to the roster include Ronin and Scroll, both already successful crypto projects on their own.

Decentralized Finance and Real-World Assets

Since Chainlink’s utility comes from on- and off-chain communication, there are a plethora of use cases for Chainlink in decentralized finance (DeFi). For this purpose, Chainlink is being integrated into such projects as Bancor, Base, and Synthetix.

In 2021, Chainlink expanded its Verifiable Randomness Function to dApps on BNB Smart Chain and Polygon. Expanding beyond Ethereum’s layer one to layer two solutions and other blockchains has presented a unique opportunity for the project. Since then, Chainlink has cemented itself as the go-to decentralized oracle network solution for data provision on blockchain.

Chainlink’s products have also proven to be in demand with entities looking into real-world asset tokenization. Its oracle network capabilities are integrated by ANZ Bank and Taurus to explore blockchain as it pertains to commercial papers and other financial instruments.

Institutional Adoption

The Chainlink network is also seeing a considerable amount of recognition for its utility even from the government and financial institutions.

As it was mentioned, it is integrated into the Chinese National Blockchain Service Network. Another partnership of the same scale of significance for blockchain networks that we mentioned is the net asset value (NAV) tracking project with Fidelity International and a crypto bank Sygnum.

Grayscale, which issues Bitcoin and Ether ETFs, is offering LINK exposure with its trust. A LINK ETF is a far cry from now but it is not entirely out of possibility.

Partnerships and working use cases like this certainly increase the credibility and value of the project and, as a result, attract the interest of investors to the token as well.

chainlink price analysis

Trader MarketIntel provides an update to the LINK price chart in their price and technical analysis:

LINK pulled back significantly over the past seven days. However, we interpret this development primarily as part of the internal substructure of turquoise wave 3 and, therefore, stick to our primary assumption. Moving forward, the price should continue to rise and surpass the resistance at $20.85. However, if the price drops below the support level at $8.12 (probability: 27%), we will have to consider a lower completion for turquoise wave alt.2.

At the start of the year, the BitBoy YouTube channel published a Chainlink price prediction for 2024. The estimate of $75 per LINK is the most tempered one, while a bullish target it gave is a whopping $450. As a middle ground, Ben claims to give a more realistic $225 for the LINK forecast, although by now we can see how this one has played out.

Elena R of Coinpedia analyzes the current price movements of LINK. Her conclusion is that Chainlink markets can move well over the current ATH. The main condition for this to happen is to breach the psychological mark of $20. Should this happen, the next goal is $60 but if it doesn’t, the most solid support level for LINK in 2024 is $8.

CoinGape at the moment of writing estimates that LINK can reach $12.16 by the end of 2024. With the current price at $11, the change that will occur is +11.8%. The downside potential is no lower than $10.33 due to the present predominantly bullish sentiment.

The CoinArbitrageBot info hub today shows that by 2025 Chainlink token’s price will increase by 62.54%. The October 2025 LINK price is predicted to be around $18.2064.

Another source, CryptoPredictions.com gives a moderately bullish prediction for Chainlink in 2025. Holders have to be ready for some negative changes, too, as 2024 can start as low as $8.347 for LINK.

However, ultimately the change is projected to go upward to a maximum of $14.411 for LINK in December 2024.

Longforecast paints a pretty bullish picture for LINK in a few years, even though the lowest lows of 2025 at $7.56 will amount to a -35% decline in price in comparison to today. As for the highs, the end of the year promises to be hot with LINK trading for up to $21.54.

Algorithmic forecasts can help us with the LINK price prediction for up to five years in advance. What’s the predicted range between the minimum and maximum price of Chainlink (LINK) in these years? Experts’ estimates vary from very bullish to surprisingly bearish.

Year Digital Coin Investing Haven CoinCodex
2026 $32.92–40.82 $28.18–39.26 $11.47–39.42
2027 $43.08–50.95 $27.58–39.39 $6.87–22.94
2028 $43.08–50.95 $28.25–38.74 $6.59–15.11
2029 $53.16–60.86 $28.35–36.80 $9.70–18.39

AMB Crypto gives a long-term Chainlink price prediction that is in agreement with the consensus. By 2030, LINK will be traded around $34.83 on average. In ten years from now, or 2034, its average price will further increase to $46.51.

Despite the strong fundamentals and use case of Chainlink, Traders Union gives a very moderate Chainlink forecast. Throughout 2030, it is expected to stay in the range of $17.2747776–18.0131343, and their estimates for 2034 peg LINK to $24.1449908–25.1769935.

The most bullish long-term outlook on Chainlink (LINK) is provided by CoinDataFlow. According to their experimental model, at the end of the decade LINK can be worth anywhere between $28.59 and $86.50. In ten years, Chainlink’s price will stay near the same levels in the range between $27.68 and $86.61.

You can get LINK tokens on ChangeHero at the best rates and with no registration — feel free to join the ranks of LINK marines!

  1. Choose the currencies on the home page, amounts, and the type of exchange. Provide your LINK wallet address in the next step and check the details;
  2. Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
  3. Send the cryptocurrency for the swap in a single transaction. In a Fixed Rate transaction, you have 15 minutes before it expires;
  4. Sit back and relax. Now we are doing all the work: checking the incoming transaction and making the exchange as soon as it arrives;
  5. As soon as the exchange has been processed, your LINK is on its way to your wallet. And so, the transaction is finished!

Our customer support is available any time, any day in the chat on the website or through the email: [email protected].

Conclusion

Here are our predictions and experts’ opinions on Chainlink’s future price. It may not be as hyped as it was in 2020 but by now it is a project with a well-established reputation.

Join the discussion on X, Facebook, Reddit, and Telegram. We’d be happy if you subscribed, while you’re at it. For more in-depth content on the crypto world, read more guides and articles from our blog.

Frequently Asked Questions

Depending on the source, experts predict that in 2025 LINK can cost from $7.56 to $21.54.

The most bullish Chainlink predictions estimate the upside potential for LINK to take it as high as $450. However, such optimistic forecasts are an outlier, and most do not see LINK reaching $100 even in the long term.

By 2029, LINK is expected to have grown up to $60.86 or pull back to $9.70.

At the time of writing, the Chainlink (LINK) price is $10.99.

The fundamentals of the Chainlink ecosystem suggest that the project is not going to crash. The price analysis of the LINK token, on the other hand, does not promise major breakouts in the foreseeable future.

The estimate for LINK’s price in 2030 is between $17.27 and $86.50.

Disclaimer

This article does not constitute financial or investing advice. No price prediction or forecast is guaranteed to provide exact information on the future price. Past performance is not indicative of future results.

When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investing in cryptocurrencies only after careful consideration and analysis and at your own risk.

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