LINK rallies as sentiment soars to year’s best

Source Cryptopolitan

Chainlink (LINK) reached its highest sentiment for 2025, reawakening the project’s notoriously strong community. The positive sentiment boosted LINK to a three-month high in addition to the general crypto market recovery. 

Chainlink (LINK) is enjoying the best sentiment for 2025, as its community of ‘marines’ is expressing the most bullish sentiment in months. LINK is now standing at a three-month high, trading at $23.79, with a spike in volumes to $2B in 24 hours. 

As Cryptopolitan recently reported, Chainlink expanded its role due to demand for ETFs and RWAs tokenization, requiring high-speed, and reliable data streams. The technology of Chainlink was also mentioned as one of the top examples of oracle usage in the recent White House digital asset frameworks, giving further exposure to the project. 

Over the past few months, LINK has retained its general bullish outlook, expecting a hike to a higher price range. LINK is one of the top utility tokens, which has yet to regain its all-time high. 

Recently, the asset got a boost from repurchases originating from one of the project’s wallets. The token contract received buybacks after engaging with Uniswap V3, acquiring over 40K LINK in an hour, based on Etherscan data.

LINK rallies on its expanded role as top oracle token

LINK is also riding on the RWA narrative, as the main provider of infrastructure and reliable pricing data for multiple projects. Due to demand for DeFi services and complex products, Chainlink now secures a record amount of funds, with a peak share of the oracle market. 

Chainlink now secures over $62B in total value, making up around 61% of the oracle market. The oracle serves 453 projects on 21 chains, focusing on the most liquid protocols. Other oracles specialize in different niches, but none has managed to catch up with the first-mover advantage of Chainlink. 

LINK also has a prominent position among RWA tokens, with a $15.9B market cap, out of a total of $57B. LINK also expanded, despite the overall RWA narrative losing a net 5% in the past three months. 

The token is also an outlier as a part of the ‘Made in USA’ narrative, where LINK is among the top 10 selected assets. The recently adopted favorable regulation of crypto in the USA is seen as an opportunity for the oracle project.

Chainlink gets a boost with peak transactions

The recent LINK rally coincided with one of the year’s busiest periods in terms of active daily transactions. 

The Chainlink network still carries a relatively low baseline of active wallets, but that number of participants is generating a significant number of transfers. The LINK token is tied to oracle services, signaling the growing demand for price information requests.

The other major source of demand for Chainlink is the usage of its cross-chain protocol, CCIP. Demand for cross-chain transfers picked up in July and August, coinciding with the overall demand for crypto and DeFi usage. 

LINK reaches three-month high on peak community sentiment.
USDC and LBTC are the top assets using CCIP, with activity picking up since July. | Source: Dune Analytics.

The CCIP is driven mostly by cross-chain movements of stablecoins, especially USDC. It’s seen as one of the more secure protocols, offering better safeguards compared to standard bridges.

CCIP also reflects the increased usage of L2 chains, with the most traffic coming from Arbitrum and Base. As a whole, the Chainlink project benefits from the general increased usage of the Ethereum ecosystem.  

Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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