Key Takeaways:
LINK is up 82.5% in Q3, its strongest quarterly performance since Q1 2021.
A 45-month cup-and-handle pattern projects targets of $100–$125.
Institutional adoption in RWA tokenization and oracle market dominance strengthen the bullish case.
LINK Posts Best Quarterly Performance in Four Years
Chainlink’s native token LINK has surged 82.5% since July 1, marking its strongest quarter since early 2021. Trading around $24.50, the token faces critical resistance at $25.30, a level not breached since October 2021.
A monthly close above $25.30 would confirm a major breakout, potentially opening the door to new multi-year highs. LINK has also reclaimed bullish momentum by trading above its 25-month and 50-month moving averages.
Cup-and-Handle Targets $100+
LINK’s price action is supported by a long-term cup-and-handle pattern spanning nearly 45 months (1,370 days). If confirmed, the technical formation projects a rally toward $100 to $125, representing gains of up to 415% from current levels.
Trader Javon Marks highlighted $47.15 as the next major near-term target, with potential upside to $88.26 if momentum continues.
Onchain data adds weight to the bullish outlook: exchange reserves have dropped to 158M LINK, the lowest since June 2022, signaling declining sell pressure.
Institutional Adoption Strengthens Outlook
The fundamental case for LINK above $100 is underpinned by rising institutional adoption of real-world asset (RWA) tokenization.
Chainlink recently partnered with UBS and DigiFT in a Hong Kong pilot to automate tokenized fund operations using its Digital Transfer Agent contracts.
Hong Kong’s push into tokenized products highlights Chainlink’s critical role in bridging TradFi and blockchain.
At the same time, Chainlink remains the dominant oracle provider:
Securing 83% of Ethereum’s Total Value Secured (TVS).
Controlling roughly 67% of the overall oracle market, safeguarding $93B in onchain value.
Powering $25T in transactions to date and supporting over 2,000 active data feeds across 60+ blockchains.
In Q1 2025 alone, data stream throughput grew 777%, underscoring accelerating adoption.
Why $100 LINK Looks Increasingly Likely
With 6% of LINK supply staked, rising RWA tokenization demand (a $66B market), and sustained oracle dominance, Chainlink is positioned for further upside.
If LINK clears its $25.30 neckline resistance, analysts argue the path toward $100 and beyond could unfold over the next cycle, fueled by both technical breakout signals and institutional adoption tailwinds.
