Here's Why I'm Buying Chainlink (LINK) Right Now
Key Points
At the end of September, Chainlink released CCIP 2.0, a more secure version of its cross-blockchain interoperability protocol.
A successful launch of CCIP 2.0 could pave the way for rapid growth in the expanding area of asset tokenization.
If asset tokenization leads to another boom in decentralized finance, Chainlink is well positioned to soar higher.
- 10 stocks we like better than Chainlink ›
In the crypto market, Bitcoin (CRYPTO: BTC) is getting all the attention right now thanks to its spectacular mini-rally since July. But Chainlink (CRYPTO: LINK) is actually outpacing Bitcoin for the year and could be a better buy right now.
Chainlink is up 18% for the year, while Bitcoin is still down 5%. Best of all, Chainlink has an exciting new catalyst that could send it soaring higher over the next 12 months.
Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Chainlink's new product launch
At the end of September, Chainlink unveiled CCIP 2.0, a major new upgrade to CCIP, the blockchain interoperability protocol that it introduced back in 2023. The 2.0 upgrade includes important new security safeguards and features.
Conceptually, CCIP has been compared to TCP/IP, the foundational internet protocol that allows different networks to communicate with one another. Similarly, CCIP is designed to enable data, tokens, and instructions to move across different blockchains and connected systems.
Image source: Getty Images.
It sounds simple enough, but truly secure cross-blockchain interoperability has been elusive. Think back to the notorious Lazarus Group hack from earlier this year. North Korean hackers found a security exploit in the bridge connecting two blockchains and made off with $292 million in crypto assets.
That's why Chainlink's new offering, which comes with much tighter security safeguards, has been getting so much attention. In just a single day, the price of LINK jumped by 10%.
Chainlink and the asset tokenization trend
The new CCIP upgrade marks another milestone in Chainlink's strategy of becoming a market leader in asset tokenization. If, as CFTC chair Michael Selig suggests, we are headed for a new era of "mass tokenization," then there will be a real need for secure cross-blockchain interoperability. Hence, a major role for Chainlink in sending tokenized assets across blockchains.
At the beginning of the year, I tagged asset tokenization as a major new growth opportunity for Chainlink. It now looks like some of the fruit is starting to ripen on the vine. For good reason, Chainlink has been a standout performer this year. If the asset tokenization trend takes off, Chainlink could ride the wave.
During the previous decentralized finance (DeFi) boom of 2020 to 2021, Chainlink was a star performer. Now, as we potentially head into a second DeFi boom fueled by asset tokenization, Chainlink could be preparing for an encore performance. For that reason, I'm extremely bullish on Chainlink right now.
Should you buy stock in Chainlink right now?
Before you buy stock in Chainlink, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Chainlink wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $375,240!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,403,292!*
Now, it’s worth noting Stock Advisor’s total average return is 932% — a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of October 2, 2026.
Dominic Basulto has positions in Bitcoin and Chainlink. The Motley Fool has positions in and recommends Bitcoin and Chainlink. The Motley Fool has a disclosure policy.
Recommended Articles
