Chainlink Up 23% In A Month: What Is Going On With LINK?
Posted On January 31, 2025
Chainlink (CRYPTO: LINK) has surged 23.4% over the past month, but technical analysts remain skeptical about the coin’s short-term prospects.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Chainlink (CRYPTO: LINK) | $25.48 | $16.3 billion | +2.7% | -2.4% |
| Avalanche (CRYPTO: AVAX) | $35.54 | $14.6 billion | +3.2% | -2.9% |
| Stellar (CRYPTO: XLM) | $0.4188 | $12.8 billion | -3.7% | -4.9% |
Trader Notes: Crypto analyst Michael van de Poppe believes Chainlink will be crucial for banks integrating DeFi in the coming years.
He expects significant expansion over the next six months, citing a higher low and an ongoing uptrend.
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