The cryptocurrency analyst emphasized Extremely sturdy chain link amid market volatility, predicting that the cryptocurrency is poised for a 300% surge over Bitcointhe largest cryptocurrency in the world.
Chainlink ready for a 300% boost over Bitcoin
Chainlink, a decentralized blockchain oracle network, has been gaining popularity recently, boosted by creative solutions in its ecosystem. Popular cryptocurrency analyst Michael van de Poppe expressed optimism about Chainlink’s native token, TO COMBINEpredicting a major bull run for the cryptocurrency.
Sharing a price chart showing Chainlink (LINK)/Bitcoin (BTC) price movements from 2021 to 2025, Poppe made a prediction on X (formerly Twitter) post that LINK is on track to see exponential growth of 150% to 300% over BTC.
At the time of writing Bitcoin price According to CoinMarketCap, the price is $67,623. The cryptocurrency has fallen below key support levels around $70,000 and is reflecting a slight decline of 1.05% in the last 24 hours.
Poppe revealed that he wouldn’t be surprised if Chainlink achieved this price milestone, emphasizing his confidence in cryptocurrency price basics and future potential compared to Bitcoin. In the chart analysis, the cryptocurrency analyst pointed out a critical resistance level for LINK/BTC around USD 0.000448, indicating that this point could trigger robust upward break for Chainlink.
In an earlier post Poppe identified Chainlink’s next resistance zone is $21, predicting that the cryptocurrency will trade between $25 and $30 in the coming months. For this to happen, the cryptocurrency analyst explained that Chainlink will need to make a higher low on the weekly time frame.
Poppe’s positive attitude regarding Chain link comes after the blockchain platform initiated several strategic partnerships. Chainlink has collaborated with Circle, a peer-to-peer payments company, to expand developers’ employ of USDC and Euro Coin (EURC). Additionally, a recently developed blockchain platform allied with SWIFTinterbank messaging system to accelerate the adoption of distributed ledger technology (DLT).
These creative solutions could serve as a catalyst for a potential surge in cryptocurrency prices, driven by increased network usability and increased adoption by modern users.
LINK Price update
In broader market conditions, Chainlink was achieve better results than expected, experiencing consistent boost in prices since the beginning of the year. Over the past month, Chainlink’s value has increased by 45.01%, highlighting the growing demand for this cryptocurrency and investor interest.
CoinMarketCap data also showed that Chainlink is up 3.32% over the past 24 hours and 7.79% over the past week. It can be said that these bullish results can be attributed to Chainlink’s continued activity development initiatives in its ecosystem with its recent approval Spot Ethereum ETFs by the US Securities and Exchange Commission (SEC).
At the time of writing, Chainlink is trading at $18.53, reflecting a 24-hour boost in daily trading volume of 14.86%.
Featured image created with Dall.E, chart from Tradingview.com
