The Chainlink price has surged 12% in the past 24 hours to $23.72, as investors react to news that could unlock billions of dollars in real-world market integration.
This move follows a major new partnership with Intercontinental Exchange (ICE) – the parent company of the NYSE – which will bring gold and forex data on-chain for the first time via Chainlink’s oracle network.
With over 2,000 clients already using Chainlink’s services, this expansion into multi-trillion-dollar traditional markets could mark a turning point for LINK – the 13th-largest crypto – which is now up 44% in a week, 47% in a month, and 132% over the past year.
Momentum is building fast, and if the current trend holds, LINK could break above $100 before the end of 2025 (a 320% gain from current levels).
Some analysts are eyeing $150 (over 530% up) by early next year as institutional adoption accelerates.
Chainlink Price Prediction: LINK Brings Gold and Forex Data On-Chain – Billion-Dollar Opportunity?
According to a Chainlink post on X, its use of ICE data “further enhances” the quality of its platform, enabling it to provide “an on-chain experience that meets the rigorous requirements of traditional capital markets and unlocks a new class of institutional-grade applications.”
In its press release on the deal, Chainlink also confirms that ICE data on FX and precious metals will enlarge data set that Chainlink provides to the more than 2,000 banks, asset managers and applications that make up the Chainlink ecosystem.
It therefore enhances overall reach and power of its oracle network, with Chainlink having already signed similar deals with the likes of Swift, Euroclear, Mastercard, Clearstream, JPMorgan, UBS, Westpac, BNY Mellon, Citi, BNP Paribas and Franklin Templeton.
Chainlink’s latest price surge is backed by one of the strongest technical setups on the chart in years.
After breaking out of a multi-year consolidation triangle, LINK has flipped long-term resistance into support, setting the stage for a powerful continuation rally.
The RSI recently pushed well above 70, confirming strong bullish momentum, while the MACD has just flipped green with its histogram climbing – a signal that buying pressure is accelerating at a rapid pace.
This breakout clears the path to $35 in the short term, but if momentum continues, LINK could move quickly to test the $53 level that capped its 2021 bull run.
From there, price discovery begins – and the $150 target projected on the chart represents a 6x gain from current levels.
With macro tailwinds and real-world adoption accelerating, LINK is well-positioned for a major breakout in the months ahead.
Viral Meme Coin TOKEN6900 Raises $1.9 Million in Presale
While Chainlink is likely to end the year strongly, it won’t be the only altcoin to do well in the current bull market, with traders also choosing to diversify into smaller tokens.
This includes not only recently launched coins but also presale tokens, which can often rally hard when they are listed for the first time.
One of the most promising presale coins currently available is TOKEN6900 ($T6900), which has now raised almost $2 million in its ongoing ICO.
As with the hugely successful SPX6900, TOKEN6900 is a meme coin that takes its memes and inspiration from the dot-com bubble of the early 2000s.
In contrast to certain meme tokens that have been trading to give themselves utility (e.g. Shiba Inu), TOKEN6900 takes pride in being a pure meme coin.
It boasts on its website that it’s “not built on fundamentals,” and that instead it will appeal to greed, FOMO and hype.
Coupled with a viral marketing campaign on social media, this strategy appears to be working so far, as its successful raise indicates.
As a token, T6900 will have no utility, but holders will be able to stake it for a passive income, with the coin having a max supply of 930,993,091 tokens.
Investors can buy the coin now by going to the TOKEN6900 website and connecting a crypto wallet (such as Best Wallet).
It’s currently available at $0.00695, a price which will increase again in a couple of days.
Click Here to Participate in the PresaleThe post Chainlink Price Prediction: LINK Brings Gold and Forex Data On-Chain – Billion-Dollar Opportunity? appeared first on Cryptonews.
