Chainlink (LINK) Price Prediction 2025-2030: What are your LAMBO chances on holding LINK
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
Chainlink has had a rough year so far. Data from DeFiLlama showed that the network’s total value secured has declined by more than 80%. While this may seem like a dramatic figure, it is interesting to note that Chainlink has the most TVL compared to its competitors.
Here’s AMBCrypto’s Price Prediction for Chainlink [LINK] for 2023-24
Being the industry leader of oracle networks, Chainlink does have a considerable presence in this part of the crypto industry. Its native token LINK is currently the 21st largest cryptocurrency by market capitalization.
Data from CoinMarketCap showed that LINK, at press time, w2as trading at $6.59, down more than 7% from the day before. Its market capitalization stood at $3.2 billion. LINK’s trading volume surged more than 30% to reach $400 million.
Over the past couple of months, LINK has struggled to break through the $8.1 level. The bears have defended this resistance zone rather fiercely.
Chainlink’s recently announced partnership with international banking network SWIFT. It came as much-needed positive news for its stakeholders.
Speaking at SmartCon22, Chainlink Co-founder Sergey Nazarov unveiled plans to launch staking at the end of 2022, in addition to a new economic model for the Web3 services platform.
On 29 September, SWIFT, the international banking network, announced a collaboration with Chainlink in order to develop a cross-chain interoperability protocol (CCIP) in an initial proof-of-concept (PoC). This move will pave the way for the institutional adoption of Distributed Ledger Technology (DLT).
According to Chainlink’s
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