Price Surges 10%, Can LINK Reach $50?

Chainlink (LINK) is catching fire in the crypto market, surging over 10% to trade above $23, fueling speculation that it could push toward a $50 price target this cycle. Backed by strong technical signals, major partnerships, and a growing DeFi presence, the project’s momentum is hard to ignore.

The bullish sentiment around LINK has been amplified by new milestones, including record Total Value Secured (TVS) and integrations with institutional players. With market chatter even suggesting LINK could flip Solana in market cap, traders are asking whether $50 is realistic in the near term.

Read Also: What is Chainlink Reserve: Strategic Onchain LINK Reserve

Key Takeaways

• LINK surged more than 10%, now trading above $23.
• Technical indicators show bullish momentum, but RSI suggests overbought conditions.
• Chainlink TVS hit an all-time high of $93 billion in 2025.
• New institutional partnerships include Chintai Network and ICE Markets.
• Bitrue has listed the USD1/LINK trading pair for easier fiat onboarding.

Technical Analysis: Bullish, But Watch RSI

The LINK/USD chart shows a strong breakout past $23, supported by a bullish MACD crossover, with the MACD line moving above the signal line. This is a classic confirmation of upward momentum.

However, the Relative Strength Index (RSI) is hovering above 74, signaling overbought territory. Historically, such levels increase the likelihood of short-term pullbacks or sideways movement. 

That said, sustained buying pressure and strong fundamentals could keep the rally intact even in the face of overbought signals.

Chainlink Fundamentals: $93B TVS and Expanding Partnerships

Chainlink’s on-chain strength is also driving bullish sentiment. The network’s Total Value Secured has surged 90% this year to $93.5 billion, securing hundreds of DeFi applications.

Recent developments include:

• Chintai Network Partnership: Enabling institutions to create secure and compliant tokenized assets using Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
• ICE Markets Integration: Bringing FX and precious metals rates from ICE’s Consolidated Feed to over 2,000 blockchain applications, banks, and asset managers via Chainlink Data Streams.

These moves reinforce Chainlink’s role as the go-to decentralized oracle provider, bridging traditional finance and blockchain applications.

New USD1/LINK Trading Pair on Bitrue

Bitrue has announced the listing of a USD1/LINK trading pair, giving users a direct fiat gateway into Chainlink without needing to first convert to USDT or BTC. 

This integration simplifies the buying process for retail traders and institutions alike, improving accessibility and market liquidity for LINK.

How to Buy LINK on Bitrue (USD1/LINK):

1. Log in to your Bitrue account or create one.
2. Deposit USD1 or other supported fiat currencies.
3. Navigate to the LINK market and select the USD1/LINK pair.
4. Enter the purchase amount and confirm your order.

This listing comes at a pivotal time for Chainlink, as demand for LINK is accelerating alongside bullish price action.

Read Also: Chainlink Price Prediction on August 2025

Could LINK Hit $50?

For LINK to reach $50, it would require roughly a 115% increase from current levels. While ambitious, this isn’t unprecedented given previous market cycles and current bullish factors:

• Expanding institutional integrations.
• Record-breaking on-chain metrics.
• Broader adoption in cross-chain and DeFi protocols.

Short-term pullbacks are possible due to overbought conditions, but the medium to long-term trajectory remains positive if these fundamentals persist.

Final Thoughts

Chainlink’s surge above $23 marks a significant momentum shift, supported by technical and fundamental catalysts. The combination of strong on-chain growth, high-profile partnerships, and increased accessibility via Bitrue’s USD1/LINK listing could provide the fuel needed for a push toward $50.

While traders should remain cautious of short-term volatility, the overall outlook for LINK in 2025 is strongly bullish, making it one of the most closely watched assets this cycle.

Read Also: Chainlink (LINK) - 55% Rally and the $22 Resistance

FAQs

What caused Chainlink’s recent price surge?

A mix of bullish technical signals, record Total Value Secured, and major institutional partnerships have driven LINK higher.

Is LINK overbought right now?

Yes, the RSI is above 74, suggesting overbought conditions, which could lead to short-term pullbacks.

What is Chainlink’s Total Value Secured in 2025?

It has reached $93.5 billion, up 90% from earlier in the year.

How can I buy LINK with USD1 on Bitrue?

Log in to Bitrue, deposit USD1, go to the USD1/LINK pair, and complete your purchase.

Can LINK reach $50?

While challenging, a $50 target is possible if current momentum and adoption trends continue.