Price Analysis

Bitwise’s Spot LINK ETF Fuels $100 Chainlink Price Ambition – Will 2025 End With a Breakout?

Chainlink price stays firm at $24 as Bitwise files a LINK ETF, boosting institutional demand and setting up a potential $100 target.
Published by
Bitwise’s Spot LINK ETF Fuels $100 Chainlink Price Ambition – Will 2025 End With a Breakout?

Highlights

  • Chainlink price stays above $24 as technical set-up points toward bullish continuation.
  • Weekly chart shows compression near $28 resistance, with breakout targets at $31 and beyond.
  • Bitwise’s dedicated Chainlink ETF filing boosts institutional confidence and long-term growth prospects.

The Chainlink price has been showing strong resilience, with LINK price holding steady near the $24 mark. The enthusiasm surrounding this move has been boosted by the fact that Bitwise has filed a dedicated Chainlink ETF, which is a significant advance in institutional interest. The brighter outlook is being shaped by confidence in market structures and inflows. Therefore, the stage seems to be ready to see Chainlink trying to reach higher prices in the next few months.

Advertisement

Will Chainlink Price Break Its Limits and Push Toward the $100 Target?

An analyst on X platform has outlined that LINK price could soon surge beyond long-standing barriers towards the $100 level. Charts show areas of strengthening support that can be followed by explosive upward moves that give room to accelerate. 

Historical compression periods have a tendency to unleash energy in dramatic ways, and LINK appears to be trapped in one at the moment. Resistance around $30 has held back gains in the past, but new accumulation suggests that this could change. 

Institutional inflows coupled with established price structures give confidence that buyers can maintain higher grounds. Hence, Chainlink price prediction 2025 increasingly leans toward a bold climb reaching triple digits.

LINK/USDT Chart (Source: X)

On the weekly chart, LINK’s current price is trading at about $24.20, which is near the 1.618 Fibonacci extension of about $23.69. The Money Flow Index is in an uptrend at 79, indicating strong capital inflow into the token. 

Price action is still trapped in a wedge and this type of narrowing often leads to greater movements once broken. The resistance is at $28 and the support is at around $18.82 and $12.80. 

As long as prices remain above 20, the chances of a rally towards 31.57 are much higher. Thus, the technical background supports the potential of upward extension after pressure relief.

LINK/USDT 1-Week Chart (Source: TradingView)
Advertisement

Bitwise ETF Filing Sparks a New Chapter for Chainlink

Bitwise has officially filed an application to the SEC to have a Chainlink ETF approved, a filing that is unlike the previous ones. Rather than being part of larger baskets, this ETF is focused on direct exposure. 

The move would make LINK more accessible to institutions by providing a product that avoids the complexity of tokens. Approval would also be a turning point in the integration of crypto in traditional finance, which would make Chainlink more visible.

SEC decisions are never certain but the very act of filing says a lot about increased demand. Therefore, the ETF is a source of inspiration and a catalyst to long-term growth stories.

Advertisement

Will 2025 End With a Breakout?

The combination of technical strength and the ETF milestone creates a unique setting for LINK price. With institutional appetite rising, LINK enjoys structural support that could transform near-term gains into lasting success. Charts reveal levels that, if cleared, open doors to ranges unseen since previous highs. Therefore, optimism around Chainlink continues to expand, pointing to a path where $100 no longer seems unreachable.

Advertisement

Frequently Asked Questions

How does Chainlink’s technical setup support long-term growth?

Compression patterns and rising inflows suggest that LINK may be preparing for a sustained upward breakout.

Why is the Bitwise ETF filing significant for Chainlink?

It marks the first dedicated LINK ETF, signaling growing recognition of Chainlink as a key crypto asset.

What makes Chainlink attractive to institutions compared to other projects?

Its decentralized oracle network underpins major DeFi protocols, giving LINK unique utility beyond simple speculation.
Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Price Analysis

Bitcoin Price Prediction as US Govt. Shutdown Extends- What’s Next for BTC?

Bitcoin price continues to trade within a defined consolidation range as the broader crypto market…

October 8, 2025
  • Price Analysis

Solana Price Megaphone Points to a Parabolic Move as SOL Treasuries Near $3B

Solana price pulled back today, Oct. 8, mirroring the performance of the broader crypto market,…

October 8, 2025
  • Price Analysis

XRP Price Prediction Amid ETF Approval Roadblock as Analyst Warns of $2.72 Dip

The XRP price continues to draw attention as market analyst, Ali Charts, warns of a…

October 8, 2025
  • Price Analysis

Binance Coin Price Prediction If It Surpasses Bitcoin Marketcap— Is $3000 Possible in 2025?

The BNB Coin price continues to extend its upward trajectory, reflecting consistent market strength and…

October 8, 2025
  • Price Analysis

ASTER vs HYPE Price Analysis – Which Perp DEX Token Looks Poised to Dominate Q4 Performance?

The ASTER price has slipped by 2.37% over the past 24 hours, while the HYPE…

October 7, 2025
  • Price Analysis

Ethereum Price Could Soar to $6,500 as BlackRock’s ETF Nears $20B Milestone

Ethereum price could be on the verge of a strong bullish breakout in the coming…

October 7, 2025