Chainlink (LINK) saw around 5.70% growth in the past year, and analysts expect it to reach $125.78 by 2030. Already convinced by a bullish Chainlink price prediction? You can buy LINK on Coinbase and eToro.
link
Chainlink$14.23*
*prices delayed up to 10 minutes+1.00%
24HDisclosure: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
LINK, the 14th-largest cryptocurrency by market capitalization, is showing bullish signs. Sitting below all-time highs combined with the demand for its oracle services, LINK has the potential to make a huge run. Multiple analysts have made bullish Chainlink price predictions as the market heats up.
Chainlink Price Prediction Table
Here is a table with price predictions for LINK.
Year | Average Price* | Percent Increase |
---|---|---|
2024 | $12.83 | -% |
2025 | $18.46 | 43.88% |
2026 | $23.72 | 28.49% |
2027 | $31.19 | 31.49% |
2028 | $44.99 | 44.24% |
2029 | $64.96 | 44.39% |
2030 | $92.36 | 42.18% |
2031 | $132.75 | 43.73% |
2032 | $196.48 | 48.01% |
2033 | $293.91 | 49.59% |
2040 | $3,740.34 | -98.98% |
2050 | $7,821 | 133.33% |
Chainlink (LINK) Overview
Chainlink is a decentralized network connecting off-chain data to smart contracts through oracles, also known as middleware. Smart contracts require real-world data to execute properly. Chainlink acts as a reliable bridge between off-chain data sources and on-chain smart contracts using hybrid smart contracts to facilitate this transfer. Chainlink’s network comprises many oracles, so there isn’t a central point of failure. This ensures data fetching is secure, accurate and always available.
LINK is the native token used in the Chainlink ecosystem for payments by requesting contract holders and is used to stake to become an oracle (node operator). Node operators set their prices in LINK depending on the data demand. Created in 2017, Chainlink has positioned itself as a leading provider in the oracle space. As the adoption of Chainlink’s oracle solutions grows, the demand for LINK tokens increases, driving price.
Will Chainlink Go Past All-Time Highs?
The inherent volatility of digital assets like cryptocurrencies makes predicting prices difficult. Chainlink hit an all-time high of $52.88 in May 2021 and has yet to significantly climb back to it, trading between key support and resistance levels at $10 and $20. As the adoption of decentralized finance (DeFi) and other decentralized solutions grows, the demand for off-chain data will increase. Chainlink has the foundation to make a strong run potentially exceeding all-time highs if it continues to expand and innovate its use cases and forge meaningful partnerships in the ecosystem.
Additionally, crypto market sentiment has increased mainly because of the approval of Bitcoin exchange-traded funds (ETFs) in January and ETH ETFs in May. Over the last six months, the total crypto market cap has increased from $1.62 trillion to $2.24 trillion, representing a 38% increase. While many are unsure whether now is a bull or bear market cycle, it's clear that the crypto market is starting to heat up.
Chainlink Price History and Market Position
With a current market capitalization of $7.41 billion at the time of writing, Chainlink is the 14th-largest cryptocurrency by market cap. LINK eclipsed an all-time high of $52.88 on May 10, 2021, during the latter part of the last bull cycle. There is quite a lot of room for LINK to continue running during this cycle.
The price of LINK has been around $10-20 and stayed in this zone for several months. As of Oct. 24, 2024, LINK is trading at around $11.85, gaining more than 5% in the past year. DeFi protocols and applications need oracles to securely and accurately import off-chain data like asset prices, interest rates and other dynamic event outcomes. Without oracles, DeFi applications would be unable to access vital information off-chain.
The total DeFi market capitalization is up by around 39% year to date (YTD) from $55.3 billion to $77.2 billion. With the rapid growth and expansion of DeFi, reliable and accurate oracle services are necessary. Chainlink has positioned itself as the most widely adopted oracle network in DeFi, securing a large market share and big partnerships. If Chainlink continues to execute, the value of LINK will undoubtedly grow.
Michael van de Poppe’s Bullish Long-Term Price Prediction for Chainlink
Michael van de Poppe, CEO of Amsterdam-based crypto investment strategy firm MN Trading, believes that LINK has plenty of room to grow this year. Poppe posted on X that he believes LINK could rally at around 150% in the second half of the year. He believes that altcoins like LINK will see an influx of trading volume leading to higher prices.
TheNewsCrypto’s Bearish Long-Term Price Prediction for Chainlink
TheNewsCrypto, a popular global crypto media outlet, believes that LINK will sit at $42 if bullish and $2.50 if bearish by 2030. This deduction was established through technical analysis indicators and trend patterns. The prediction comes well below the consensus of LINK being worth $200-plus by then. Predicting the prices of volatile assets like cryptocurrency is difficult and not always accurate.
2024 Chainlink Price Prediction
CoinCodex predicts the average price of LINK by December 2024 at $10.87. Many believe LINK will make a bullish run to at least $40 this year. TheNewsCrypto believes LINK could trade between $9.40 and $18.39. If the bull cycle continues, Token Metrics sees the price reaching as high as $97.97, while Changelly believes LINK could hit an average of $12.13 by the end of the year. Typically, expert price predictions vary widely because of the degree of difficulty in predicting volatile assets. Take each prediction with a grain of salt, doing your own due diligence before making any investment decisions.
2025 Chainlink Price Prediction
In 2025, TheNewsCrypto believes LINK could reach a high of $27, CoinPedia sees an average price of $34, while Changelly believes LINK will trade around $17.69. The average price among expert predictions for 2025 is $26.23. Note that these predictions are neither perfect nor guaranteed.
2030 Chainlink Price Prediction
The further into the future a price prediction is made, the less accurate it tends to be. According to CoinCodex, LINK is projected to trade between $4.80 and $23.77 in 2030. Coinpedia sets a bullish target, stating LINK could trade around $233.305 on average. From the current price of $11.85, that is over 1,800% growth. Changelly gives a less bullish Chainlink price prediction, with the token possibly trading around $106.60 in 2030.
Where to Buy Chainlink
LINK is a highly accessible coin, given its large market capitalization. LINK is widely available across many crypto brokerages, but the best options include Coinbase, eToro, Kraken and Robinhood.
- Best For:Buying & selling DogecoinVIEW PROS & CONS:securely through Robinhood Crypto's website
How Long Will It Take for Chainlink to Reach All-Time Highs?
Market analysts believe LINK will hit new all-time highs in 2025. With the crypto bull market cycle starting to form, it won’t be long before LINK begins to run. With its in-demand services, prime positioning and strategic partnerships, LINK has the foundation to grow. If LINK continues to innovate its products and solve more problems seamlessly, it is poised to exceed previous highs over the coming years.
Where to Store Chainlink (LINK) Safely
If you are seeking an additional layer of security beyond the measures centralized exchanges maintain, cryptocurrency wallets are a great way to keep more control and security of your assets.
- Best hardware wallet: Ledger offers excellent hardware wallets that keep your crypto safe and secure offline. This wallet also provides a simple and smooth user experience for all levels of investors.
- Best software wallet: ZenGo allows you to bulletproof the security of your crypto without needing to take it offline. With an unparalleled user experience and secure recovery features, ZenGo is one of the best mobile wallets in the market right now.
Current Crypto Prices
The global crypto market is sitting around $2.32 trillion, up largely since the beginning of this year. Bitcoin is leading the way, given the ETF inflows. But other coins are beginning to make their moves, with Ethereum ETFs has just been recently approved by the Securities and Exchange Commission (SEC). Take a look below to see how some of the top cryptocurrencies are performing.
Is Chainlink (LINK) a Good Investment?
Sitting far below all-time highs with the bull cycle approaching, LINK has the room to make a solid run. Crypto's volatility makes it hard to predict, but Chainlink has positioned itself as a market leader among oracle networks with the 14th-largest market cap in crypto. Given the increasing need for off-chain data bridges for a variety of blockchain protocols and applications, Chainlink’s services will increase in demand. With its track record and market capitalization, LINK will likely be worth more in the coming months and years than it is now.
Frequently Asked Questions
How much will Chainlink cost in 2025?
According to Changelly, the average price estimate of LINK in 2025 is $17.69— over 49% higher than current price.
Will Chainlink reach $100 dollars?
Experts believe that LINK could likely surpass $100 per token in 2030.
What will Chainlink be worth in 2030?
According to Changelly, LINK is expected to trade at a potential high of $125.78 in 2030.
- Exclusive Crypto Airdrops
- Altcoin of the Week
- Insider Interviews
- News & Show Highlights
- Completely FREE
About Gianluca Miller
Gianluca Miller’s crypto journey started in 2019 when he sought alternative assets to diversify his investment portfolio. With a keen interest in innovative technologies, he became increasingly involved in Web3 through trading crypto and participating in DeFi protocols. Over the last few years, he has become a blockchain evangelist, fascinated with the tech’s utility and impactability. Gianluca contributes to Benzinga, is working on a Defi research project through Blockchain UCSB, and continues to expand his Web3 acumen daily. He loves learning, analyzing new projects and market conditions, and building relationships with industry leaders.