$LINK

Will Chainlink (LINK) reach $30 in the near future? 🤔

Chainlink has risen to a 7-month high of $26.5 after increasing almost 30% over the last month 📈. The surge occurs as record-breaking wallet activity for 2025 with 9,600+ new wallets and 9,800 transfers in mid-August. Such growth indicates huge interest from small investors as well as big players, and that keeps LINK in the limelight. 🔥

Technically, whales purchased around 1.1 million LINK (valued at $27M) this week, and the token has crossed key resistance levels. The next significant levels are $27.5–$28, with $30 as the big target in case of buying pressure continue💎. With decreasing exchange supply and increasing institutional adoption, the setup looks bullish, but traders also need to keep an eye on possible pullbacks. 📊