- Data analysis of the chain shows that the general demand for Chainlink by whale investors has gradually increased last week.
- Link Price has shown a high correlation with BTC price in the last 30 days, in the middle of rising bullish sentiment.
Chainlink (link) Prize has fought in the short term Bearish sentiment after recording an impressive bullish breakout in April 2025. The mid-cap Altcoin, with a fully diluted appreciation of approximately $ 13.4 billion and an average trade volume of approximately $ 261 million, had fallen in the last seven days to act on Tuesday.
However, the gradual rebound of Link’s Futures Open Interest (OI) up to around $ 583 million at the time of this writing indicates the repetition of a robust bullish sentiment.
Robust Fundamentals for Chainlink Network
The Chainlink network has grown considerably in the past year due to the regular acceptance by institutional investors. As Coinpedia reported, the Chainlink network reports more than a dozen Defi integrations to its products. In addition, the Chainlink ecosystem offers reliable Oracle data on chain to enable scalable development of Web3 protocols.
For example, Aave’s Gho has grown by more than 530 percent since he has adopted the Cross-Chain token standard of Chainlink to more than $ 210 million.
In the meantime, Data analysis on IntotheRlock chains shows that the Chainlink network has registered an increase of $ 348.15 billion in a large transaction volume in the last 30 days.
Interim expectations for Linkprijs
In the four -hour period, the price of Chainlink has formed a bullish continuation pattern, characterized by a falling wedge in a rising market. At the time of this letter, Link Price had not confirmed a bullish breakout of the emerging wedge, but the assembly pressure indicates an imminent outbreak.
In addition, Link Price has registered one of the 1 price correlation with Bitcoin in the last 30 days. As a result, a consistent near $ 14 will propel a meeting in the coming days to the next goal of around $ 19 in the coming weeks.