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Chainlink (LINK) Skyrockets 11% in Hours : What’s Fueling the Surge ?
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Chainlink (LINK) Skyrockets 11% in Hours : What’s Fueling the Surge ?

Chainlink (LINK) has recently achieved an impressive 11% surge in the crypto market in just one day. Additionally, the number of wallets holding the token has reached an all-time high.

Written by Gaston Cuny

Translated on June 27, 2025 at 17:25 by Sarah

LINK tokens - cryptocurrency finance.
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As the cryptocurrency market displays an overall bullish momentum this 27th of June 2025, the cryptocurrency Chainlink, specialized in decentralized oracles, records an increase of over 11% within 24 hours. This spectacular rise positions LINK as one of the best performers in the top 15 crypto-assets.

According to data from the analysis platform Santiment, the price of LINK has surged from $11.50 to $13.34 at the time of writing, marking an 8.13% increase for the day. This surge comes amidst an overall risk appetite due to geopolitical calm in the Middle East.

In addition to the price surge, another fundamental indicator is drawing attention: the total number of wallets holding LINK has just reached a new all-time high of 769,380 units.

LINK price
Source: CoinMarketCap

This surge reflects a strong resurgence of interest in the Chainlink ecosystem, with new investors entering the market. A positive signal suggesting a lasting sentiment towards the project, despite recent doubts about its short-term potential.

Several factors explain this remarkable performance of Chainlink:

  • A global return of liquidity in the crypto markets, favoring the recovery.
  • A relative undervaluation of the token after weeks of stagnation.
  • Attractive fundamentals: proven oracle technology, increasing adoption by Web3 companies, strong partnerships.

Additionally, Santiment observes that the percentage of active wallets over a year is decreasing by 17%. An counterintuitive signal that could reveal a favorable environment for long-term accumulation, with “strong hands” entering the market despite decreasing volatility.

This surge of Chainlink is not just a technical rebound. It is part of a maturation process of the LINK token as a strategic asset of Web3. For investors:

  • The increase in the number of holders creates a structural buying pressure.
  • The short-term stabilization of the token could pave the way for a technical resistance breakout around $15.
  • The Network Value to Transaction Value (NVT) valuation improves, making the token more fundamentally “healthy.”

While these signals are encouraging, active risk management remains crucial, as rapid excitement peaks can still lead to sharp reversals.

Indicators point towards a resurgence of Chainlink in the portfolios of savvy crypto investors. The project continues to demonstrate its importance in the decentralized finance (DeFi) and Web3 infrastructure.

With this double-digit surge, a historical record of wallets, and improving metrics, all signs are green for a phase of strategic accumulation. Chainlink continues its progress to establish itself as one of the most promising infrastructure projects in the blockchain ecosystem.

Interested in investing in Chainlink (LINK) via Bybit? Follow this quick guide to make your purchase easily:

  1. Create an account on Bybit by providing your email address, then complete the KYC verification to access all features.
  2. Deposit funds into your Bybit account using a credit card, bank transfer, or by transferring cryptos from another wallet.
  3. Look for the LINK/USDT pair in the Spot or Futures section based on your trading strategy.
  4. Place a buy order by selecting the order type that aligns with your goals (limit, market, or futures).
  5. Confirm your purchase, and your LINK tokens will be visible directly in your Bybit wallet.

Prior to each investment, take the time to study the market and adjust your strategy accordingly.

More on this topic :

Gaston Cuny

Gaston Cuny

Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.

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