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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow
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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

Greed Rising, Chainlink Stalling: Will LINK Smash Past $20 And Race To $36.5?

Christian Encila
Christian Encila
4 months ago
3 mins read
Chainlink

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Chainlink’s token, LINK, has barely budged this month. It sits in 13th place by market cap after picking up just 3.8% since May 1. Its price hovers under $12 at times, though some reports put it near $16 when markets last ticked. That mixed picture raises questions about whether LINK can keep its spot.

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Cross-Chain Push Comes To Solana

According to published updates, Chainlink rolled out its Cross-Chain Interoperability Protocol on Solana on May 19, 2025. This feature aims to let developers tap into over $18 billion in assets across chains.

The upgrade is meant to help Solana’s DeFi world link up with Ethereum, Polygon, Avalanche and others. It shows Chainlink’s team isn’t waiting around for the price to climb.

⬡ Chainlink Adoption Update ⬡

There were 16 integrations of the Chainlink standard across 6 services and 16 different chains: Arbitrum, Avalanche, Base, Bitlayer, BNB Chain, Celo, Ethereum, opBNB, Optimism, Polygon, Ronin, Rootstock, Scroll, Solana, Sonic, and ZKsync.

New… pic.twitter.com/j3cnAnc3UC

— Chainlink (@chainlink) May 25, 2025

New Integrations Add Momentum

Based on reports from the Chainlink team, there have been 16 fresh integrations of its standards. Those span six service types and include support on Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Polygon, Solana and ZKsync.

Developer activity is on the rise. But that growth hasn’t sparked big moves in the LINK market yet. A $10.4 billion market cap still feels sturdy. Yet the token’s flat performance puts pressure on its ranking.

LINK market cap currently at $10.4 billion. Chart: TradingView

Resistance Zones Shape Outlook

Traders eye key hurdles on the LINK/USDT chart. First up is a wall at $20, a level where sellers have stepped in before. A push past that could send LINK toward a $25–$26 area. Beyond lies a mid-term target of $28–$30, matching late-2024 highs.

Volume spikes in April did trigger a 14% climb, pointing to possible repeat action. But bears still have a say. The MACD line sits under its trigger line, though the gap is narrow. Histogram bars are flat, hinting that selling force might be fading. A crossover could spark fresh buying.

$LINK‘s downtrend channel is about to break out.

This rise is likely to proceed smoothly to the $36.5 level, where there is a selling wall. pic.twitter.com/CaN2agtchk

— CW (@CW8900) May 26, 2025

Breakout Signs

Meanwhile, LINK is showing signs of breaking out of its downtrend channel, sparking bullish momentum among traders. Analysts note that a clean breakout could push LINK toward the $36.5 level, where a major selling wall sits.

The move follows increased developer activity and Chainlink’s CCIP launch on Solana. If buyers hold momentum, LINK may rally smoothly—but the $36.5 resistance could test the strength of this breakout.

LINK price forecast. Source: CoinCodex

Flat Forecasts Keep Hopes Modest

Technical indicators are mixed. LINK’s one-month forecast shows a 0.61% gain by June 26, 2025, landing it around $15.64. That outlook comes with a “Neutral” reading on market sentiment.

Source: CFGI

The Fear & Greed Index sits at 60, a sign of Greed. In the past 30 days, LINK had 12 green days out of 30 and saw 6.40% volatility. All that points to modest moves rather than wild swings.

What Comes Next For LINK

Chainlink’s core goal remains the same: power a decentralized oracle network that feeds real-world data into blockchains. Those efforts matter for projects that need price feeds, random numbers or cross-chain messages.

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If a big DeFi protocol adopts CCIP or a major hack bounty gets paid out, LINK could see fresh demand. Until then, the token may drift. Watch the price near $11 and $20.

Featured image from Unsplash, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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