Why Is Chainlink (LINK) Price Pumping?

The price of LINK has seen a boost, adding 16.81% over the past day to reach $16.14 at press time. The trading volume also increased by over 24%, a sign of rising market interest. Multiple factors are driving this momentum, including speculation about Chainlink’s involvement in the U.S. strategic reserve and expectations surrounding an upcoming crypto summit.

One key catalyst behind the recent price movement is speculation that the United States strategic reserve is utilizing Chainlink’s Proof of Reserves. Crypto trader Nicu shared on X suggesting that insiders believe Chainlink’s technology is being integrated for enhanced transparency and security. Investors are showing increased enthusiasm for the token. Some, like Nicu, have reported making substantial LINK purchases, expecting further price appreciation.

Read Also: Why Is the AAVE Price Pumping?

Proof of Reserves represents a blockchain verification system that allows real-time auditing of assets. Chainlink has established itself as a key player in this technology, helping financial institutions and crypto platforms demonstrate asset backing through a decentralized method. If current speculation proves true, Chainlink’s potential integration into national reserves could be a critical step toward mainstream financial adoption.

Market Sentiment and Technical Trends

Crypto expert Michaël van de Poppe pointed out on X (formerly Twitter) that LINK’s price has rebounded against Bitcoin after a prolonged period of correction. According to his analysis, momentum is beginning to shift as LINK approaches a potential bull cycle. 

Furthermore, he mentioned that Chainlink co-founder Sergey Nazarov is going to attend the summit on Friday.

Technical indicators also suggest a potential breakout. LINK’s historical price movements show strong support at current levels, and the RSI indicates that the asset may be recovering from oversold conditions. Previous resistance levels around 0.00042 BTC have been identified as key points that LINK must overcome for continued bullish momentum.

Image Source: X/MichaëlvandePoppe

Chainlink’s Position in the 2025 Bull Run

Crypto trader The Link Panda shared an image on X that ranks Chainlink as one of the most connected and influential projects leading into the next market cycle. It highlights how LINK is deeply integrated across multiple narratives, including DeFi, Real World Assets (RWAs), AI/DePIN, and institutional adoption.

The growing relevance of RWAs, backed by firms like BlackRock and regulatory shifts in the U.S., positions Chainlink as a fundamental infrastructure provider for tokenization efforts. The report also places LINK among assets likely to benefit from institutional investment products such as the Coinbase 50 Index, Grayscale Trust, and 21shares ETP.

Outlook for LINK Price Movement

With increasing speculation regarding Chainlink’s adoption in financial reserves, technical indicators pointing toward a potential breakout, and rising institutional narratives, LINK remains at the center of attention. The summit and potential revelations represent important factors that might drive future price dynamics.

Market participants will closely monitor whether Chainlink’s price can maintain its current momentum and confirm a potential long-term recovery from recent lower levels.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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