$LINK

Will Chainlink (LINK) reach $30 in the near future? ๐Ÿค”

Chainlink has risen to a 7-month high of $26.5 after increasing almost 30% over the last month ๐Ÿ“ˆ. 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. ๐Ÿ”ฅ

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 $27.5โ€“$28, with $30 as the big target in case of buying pressure continue๐Ÿ’Ž. With decreasing exchange supply and increasing institutional adoption, the setup looks bullish, but traders also need to keep an eye on possible pullbacks. ๐Ÿ“Š