LINK Price Break Through $50 After the Chainlink Endgame

LINK is fueling breakout expectations as whales accumulate, the Chainlink Endgame vision takes shape, and technical signals point to a potential rally toward $50.

Link Price Break Through $50 After The Chainlink Endgame

LINK has been on a powerful rally this week, climbing to its highest level since January after developers unveiled the Chainlink Endgame vision while whales continued accumulating. The token surged to $28.85 — up 165% from its yearly low. Its 24-hour trading volume reached $2.9 billion, while market capitalization hit $17.5 billion.

The main driver behind LINK’s surge was the release of the Chainlink Endgame, a comprehensive strategy document outlining the project’s vision and position within the blockchain industry.

At the core of this vision, Chainlink aims to become the industry-standard oracle platform, much like how Windows dominated PCs, iOS shaped mobile ecosystems, and AWS defined cloud computing.

Chainlink envisions powering trillions of dollars in transactions across industries such as real estate, debt markets, stocks, and derivatives. Its technology also aims to help financial institutions accelerate cross-border payments and cut costs through tokenization.

Link Price Chart
Link Price Chart

The strategy further highlighted key partnerships:

  • With UBS and SWIFT, which oversee trillions of dollars in global transactions.
  • With ANZ Bank and Fidelity, deploying technology for cross-chain settlement of CBDCs, stablecoins, and tokenized assets.

Notably, the Endgame vision came just weeks after Chainlink launched the Strategic LINK Reserves, a mechanism to use on-chain and off-chain fees to repurchase LINK. Since its debut, the project has already acquired over $2.8 million worth of tokens.

Whales Continue Aggressive Accumulation

According to Nansen, LINK was the most purchased token by smart money investors in the past 24 hours, with over $1.5 million in inflows. Over the last 30 days, whale holdings of LINK have increased by 66% to 5.49 million tokens — a strong signal that large investors expect further upside.

Another potential catalyst could be the filing of a spot LINK ETF with the U.S. Securities and Exchange Commission (SEC).

On the daily chart, LINK has been in a solid uptrend for months. The token is now entering wave 3 of the Elliott Wave pattern, typically the most bullish phase. It is also forming a cup-and-handle pattern with a depth of 67%. If the pattern plays out, the price projection points toward $52.

(3 votes)

4.7/5

(3 votes)

Latest

Binance.us Accused Of Political Favoritism After Listing Trump Family’s Usd1 Token

News | Editor Choice | Policy & Regulations

Binance.US Accused of Political Favoritism After Listing Trump Family’s USD1 Token

Binance.US is facing a wave of fierce criticism after listing the Trump family’s USD1 stablecoin, just a week after Donald Trump’s controversial pardon of Changpeng Zhao — a move many see as a “political favor” between the White House and the crypto world.

Spacex Moves $31 Million In Bitcoin, What Is Elon Musk Planning

News | Bitcoin | Editor Choice

SpaceX Moves $31 Million in Bitcoin, What Is Elon Musk Planning?

SpaceX’s sudden $31 million Bitcoin transfer within just one week has sent shockwaves through the market, sparking speculation that Elon Musk may be preparing for a mysterious strategic move.

21shares Files For Hype Etf, While Bitwise’s Solana Etf Records

News | Altcoin | Editor Choice

21Shares Files for HYPE ETF, While Bitwise’s Solana ETF Records

The crypto ETF market is heating up as 21Shares and Bitwise roll out new products, signaling Wall Street’s growing interest in altcoins.

Bitcoin Eyes A Hopeful November Amid Fed Division On December Rate Cut

News | Bitcoin | Editor Choice

Bitcoin Eyes a Hopeful November Amid Fed Division on December Rate Cut

Following the Federal Reserve’s widely expected rate cut, the crypto market has yet to show signs of recovery as internal divisions over a potential December easing weigh on sentiment, making Bitcoin’s short-term outlook more cautious than ever.

Ethereum’s Key Changes After The Fusaka Upgrade

News | Altcoin | Editor Choice

Ethereum’s Key Changes After the Fusaka Upgrade

The Fusaka upgrade marks a pivotal step in Ethereum’s journey toward large-scale scalability, promising faster transaction speeds, enhanced security, and laying the foundation for the next explosive phase of the world’s leading blockchain.

Screenshot 2025 10 20 091338