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Chainlink Price Rally Remains Intact as LINK Address Activity Jumps

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Chainlink Price Rally Remains Intact as LINK Address Activity Jumps

Chainlink price has been dominating the rally in the altcoin space with more than 15% weekly gains. As of now, LINK is flirting with the key resistance of $25, along with impressive address activity. Market analysts continue to maintain a bullish stance for the altcoin, with targets of $50 and beyond.

Strong Address Activity to Support Chainlink Price Rally

With the Chainlink price surging to $26, the LINK address activity has surged to a seven-month high, and the highest in 2025. According to Santiment, the token’s on-chain activity outpaced its price rally, with 9,813 unique addresses making at least one transfer on Sunday and 9,625 new wallets created on Monday. This record high on-chain activity has supported the LINK upside.

chainlink price
Chainlink address activity – Source: Santiment

On the other hand, the Chainlink whale activity and accumulation have been on the rise. As per the on-chain data from blockchain analytics firm LookonChain, a major LINK holder, identified as wallet 0x4EBD, withdrew 249,808 LINK tokens, worth approximately $6 million, from Binance about 35 minutes ago. Over the past four days, this latest move has brought the whale’s total withdrawals to 1,293,757 LINK, valued at $31.15 million.

chainlink price
Chainlink whale accumulation – Source: LookonChain

Chainlink Price Eyes Higher Gains Ahead

Chainlink’s native crypto LINK has been in strong bullish action recently, with more than 25% monthly gains and 143% yearly gains. According to market analyst Javon Marks, the chainlink price is showing strong upward momentum, which is approaching new post-breakout highs.

The analyst noted that with prices maintaining a clear breakout, the rally could extend by another 89% to reach the $47.15 target. A decisive break above this level could open the path toward the $88.26 mark.

LINK Price Breakout – Source: Javon Marks

Joao Wedson, founder and CEO of Alphractel, stated that both smart and speculative money have been heavily accumulating Chainlink. This clearly shows expectations of a higher LINK price moving ahead.

Wedson dismissed claims that the altcoin season is over, emphasizing that strong metrics point to continued upside for LINK. He added that when mainstream attention shifts to the token, early investors may already be taking profits.

Source: X

Popular crypto analyst Michael van de Poppe also weighed in on the recent development. In his message on the X platform, Poppe wrote:

A Major Adoption Boost

Chainlink revealed a major adoption milestone with 12 new integrations across six services spanning 10 different blockchains. This includes names like Arbitrum, Avalanche, Solana, Sonic, World Chain, etc.

The update strengthens Chainlink’s role in cross-chain interoperability through the Cross-Chain Interoperability Protocol (CCIP). This includes enhanced functionality for secure asset transfers across blockchains. With decentralized finance total value locked surpassing $150 billion in mid-2025, CCIP is key in ensuring reliable and safe cross-chain transactions.

Additionally, the update introduces two new Price Feed integrations delivering tamper-resistant market data, along with other services such as Data Feeds, Data Streams, Onchain NAV, and Proof of Reserve. These services are critical for tokenized assets, insurance solutions, and regulatory compliance—Chainlink’s partnerships with ICE Markets, Taurus, and other financial institutions.

On the other hand, Chainlink currently secures over $92 billion in Total Value Secured (TVS) across over 60 blockchain networks. The network operates through more than 2,000 LINK oracles supporting over 450 applications. Chainlink continues expanding its footprint with consistent integrations across public and private blockchains.

Bhushan Akolkar
Written by
Cryptocurrency Journalist

Bhushan is a FinTech enthusiast and holds a good flair for understanding financial markets. His interest in economics and finance draws his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In his free time, he reads thriller fiction novels and sometimes explores his culinary skills.

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About this article

PublishedAugust 19, 2025 5:05 pm
Last updatedAugust 19, 2025 12:19 pm
Written byBhushan Akolkar, Cryptocurrency Journalist
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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