Chainlink (LINK) has been a cryptocurrency with high potential entering 2025, with partnerships with major firms like JPMorgan and BNY Mellon, as well as being acquired by US President Donald Trump’s World Liberty Financial (WLFI). Despite these promising developments, LINK has struggled to gain momentum in the market. However, recent data suggests that the altcoin may be on the verge of a rally, thanks to a surge in whale activity.
According to Santiment data, Chainlink whale activity has reached its highest level in two years, with the Whale Transaction Count for Chainlink hitting its peak since 2023. This increase in whale purchases indicates a growing trading interest among large holders, which could potentially drive up LINK’s price.
After a week of decline where LINK dropped over 20%, the altcoin is now looking to regain the $19 mark. CoinCodex, a cryptocurrency price prediction platform, projects that Chainlink’s LINK could return to a price as high as $26 in February, with an 83% jump expected in the next two months. If bullish sentiment continues, LINK could surge to over $42 to $48 in May, marking a 2025-high and an 88% increase from its current position.
Analysts remain optimistic about Chainlink’s future performance, citing the increased whale activity as a positive indicator for potential price growth. The heightened interest from large holders suggests that LINK may be poised for a significant rally in the coming months. As the cryptocurrency market continues to evolve, Chainlink’s ability to attract and retain investor interest will be crucial in determining its success in 2025.