Chainlink Price Prediction: With $20T in Secured Value, LINK Is Quietly Becoming a Blue-Chip Crypto

The Chainlink price has dipped by 2.5% in the past 24 hours, falling to $13.28 as the crypto market suffers a 3% decline today.

This means that LINK is down by 9% in a week and 15% in a month, with the utility token also suffering a disappointing 7.5% drop in the past year.

Such declines give the impression that LINK is underperforming, yet the coin’s fundamentals point to a much higher long-term price prediction.

Indeed, recent analysis suggests that Chainlink has a massive addressable market, potentially making it one of the biggest crypto platforms of the next few years.

Chainlink Price Prediction: With $20T in Secured Value, LINK Is Quietly Becoming a Blue-Chip Crypto

In fact, pseudonymous crypto trader Arca went further than describing Chainlink’s addressable market as “massive,” with the analyst labelling it as “borderless.”

The LINK holder’s rationale for this is that Chainlink – which provides data verification for other blockchains – could potentially work with every sector and company that might need to integrate with some kind of decentralized ledger.

We may be a long way off from such growth, but Chainlink’s own network data does indicate that it’s expanding steadily.

For instance, March saw Chainlink reveal that it has now enabled (in one way or another) $20 trillion in transaction value since it launched.

Assuming the accuracy of such data, this gives ammunition to any claims that Chainlink could be one of the biggest networks in a future digital economy.

As for the present day, LINK’s chart suggests that the token may be close to a bullish reversal, following a period of losses for itself (and the wider market).

Its technical indicators have been in oversold positions for several months now, meaning that LINK is trading at a heavily discounted price, which will eventually entice buyers.

For instance, its 30-day average (orange) has been below the 200-day (blue) since the beginning of March.

This would point to an incoming rebound and breakout, although we may need to see how the ongoing conflict between Israel and Iran will play out.

If things stabilize, the Chainlink price could hit $16 by the end of June and $20 by the end of July.

Solaxy Presale Has Raised Over $53 Million: Biggest New Token of 2025?

The only arguable issue with Chainlink is that, because it’s so heavily rooted in its own fundamentals, it may need to wait for serious adoption before it really takes off.

It’s for this reason that short-term traders may prefer to diversify into newer tokens, particularly coins which may soon begin their initial phases of growth and price discovery.

This includes presale tokens, which can often rally strongly when they list for the first time.

One such token close to listing is Solaxy (SOLX), a Solana-based coin that has now raised in excess of $53 million in its hugely subscribed ICO.

Solaxy’s claim to fame is that it’s Solana’s first layer-two network, with its platform set to launch next week.

As an L2, it will help Solana users achieve higher throughput for lower fees, while also helping them to avoid the delays that can still affect Solana during peak traffic.

It will enable instant bridging between itself and Solana, while soon after launch it will roll out its own DEX and token launchpad.

This could make it an important part of the Solana ecosystem, with its native SOLX token necessary for transaction fees.

SOLX will list in just under seven days, but you can still buy it at a discount by going to the Solaxy website.

It currently costs $0.001766, but the success of Solaxy’s presale would suggest that it could eclipse this price once it lists.

The post Chainlink Price Prediction: With $20T in Secured Value, LINK Is Quietly Becoming a Blue-Chip Crypto appeared first on Cryptonews.

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