Chainlink has observed its strongest quarterly performance since the first quarter of 2021. It climbed 82.5% since July 1 and is now trading around $24.50.
However, LINK price faces key resistance at $25.30. A monthly close above this level would mark its highest price since October 2021.
This makes the coming weeks critical for confirming further upside momentum. It is worth noting that both technical as well as on-chain factors are supporting the bullish trend.
Exchange reserves have fallen to 158 million tokens, the lowest level since June 2022. With less supply available on exchanges, the setup favors continued price strength.
Chainlink Price Prediction Setup Eyes $88
According to a post on X by Mr Ape, Chainlink primed for a powerful rally after breaking out of its long downtrend.
The cryptocurrency is forming a solid base around $20, now climbing steadily and setting up for a larger move.
At the same time, on-chain data confirmed a supply squeeze is underway. Exchange balances are at their lowest levels since 2022. This meant that fewer tokens were available for trading.
Holders are not selling, while staking v0.2 has locked even more LINK out of circulation.
With demand rising from CCIP adoption in banking, real-world assets, and gaming, this creates the perfect storm for a sharp upside move.
From a technical perspective, the chart is signaling strength. If the cryptocurrency clears the first target at $47 with strong volume, it could trigger the next explosive leg higher.
That would set the stage for a move toward $88, representing more than 150% upside from current levels. If momentum continues, the breakout could drive Chainlink into a sustained rally toward $88.
According to expert analyst Quinten, Chainlink is on the verge of a major breakout with a strong ascending trendline that pushed the price against key resistance around $20–$22.
With strong fundamentals and a tightening supply, Quinten sees this setup as the foundation for a parabolic rally that could ultimately push LINK past $60 in the coming months.
Chainlink Exchange Supply Drops to 2022 Lows
Moreover, on-chain insights from CryptoQuant reveal that Chainlink’s exchange reserves have dropped to their lowest levels since 2022.
In addition, holders are not selling their LINK. Instead, they are moving tokens off exchanges, which reflects growing conviction in higher prices.
When supply contracts while demand continues to rise, the result is often a strong upward move.
Caliber Acquires $6.5 Million Chainlink ( LINK) Tokens
Nasdaq-listed firm, Caliber, reportedly completed a $6.5 million purchase of Chainlink (LINK) tokens as part of its Digital Asset Treasury strategy.
The company said it acquired 278,011 LINK tokens at an average price of $23.38 per token, including fees and expenses.
According to Caliber, this was its first major purchase and its second overall under the strategy. With the latest acquisition, Caliber’s total holdings in LINK rose to $6.7 million.
The firm noted that it had become one of the largest publicly traded holders of the token.
Management explained that the purchases were funded through its shelf registration, available cash reserves, and equity-based securities.
Will Chainlink Price Reach $100?
Rising institutional interest across RWA projects and its continued dominance in decentralized data oracles has the potential to position LINK for a move toward $100.
According to Token Metrics, Chainlink secures more than 83% of Ethereum’s total value and roughly 67%–68% of the overall oracle market.
In total, the network safeguards over $93 billion in on-chain value. At the time of writing, the blockchain hac powered over $25 trillion worth of transactions.
That is more than 2,000 active data feeds and runs the CCIP across 60 decentralized networks.
There was also an increase in demand for data throughput, which surged by 777% in the first quarter of 2025.
A good bullish case also has to do with 6% of LINK’s total supply being staked and the protocol’s growing utility across the $66 billion RWA sector.
Together, these factors point to tightening supply and expanding demand, both of which strengthen the long-term outlook for a potential Chainlink price rally to $100.
Source: https://www.thecoinrepublic.com/2025/09/19/150-chainlink-price-rally-ahead-as-history-repeats/