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Alternative Coins

August 19, 2025, at 4:45 PM Eastern Time

Chainlink (LINK) price targets $47 as Chainlink's on-chain activity reaches new milestones

Key Insights:

Analysts have identified $31 and $47 as upcoming price targets for LINK stock.

New wallet addresses for Chainlink and on-chain wallet transfers have reached new milestones.

Massive whale accumulation continues, with a whale buying 1,293,757 LINK worth $31.15 million over the past four days.

Chainlink whale accumulations have led to a notable increase in its price, unaffected by the recent cryptocurrency market crash. Additionally, positive on-chain data has resulted in a price increase of 15% over the week, and a 30% rise over the month, surpassing $26 for the first time in seven months.

The upward price movement serves as the backbone of the alternative coins market, while Ethereum has failed to break its all-time high amidst technical weakness.