Despite an ongoing price correction that has hindered much of the asset class, there are big things expected for the coming year. Among the highest potential cryptocurrencies is Chainlink, as LINK eyes an all-time high price in 2025. The question is, just how high can it soar over the next twelve months?
The network has been at the center of some incredibly exciting developments within the industry. Indeed, it most recently completed a pilot in May to accelerate the tokenization of funds. Moreover, Chainlink completes the project alongside financial institutions such as JPMorgan, Franklin Templeton, and BNY Mellon.
Also Read: Chainlink to Win Big in 2025: Analysts Say LINK Has $80 Upside
Chainlink Set to Hit New All-Time Mark in 2025: How High Can LINK Go?
It is nearly impossible to understate the importance of 2024 in the cryptocurrency industry. With the arrival of not one, but two crypto-based ETFs, the asset class has grown tremendously. That can be clearly seen in the value surge Bitcoin has enjoyed, jumping to a six-figure price for the first time in history.
Yet, the holiday season has arrived with a stark price correction. BTC has fallen to $92,000, and the market has slid with it. However, that doesn’t deter the ongoing potential that the new year has. Specifically, Chainlink is among the assets that is eyeing a new all-time high in 2025, with LINK poised to soar.
Also Read: Chainlink (LINK) to Rebound 160% From December Drop: Here’s When
However, the big question is, just how high can the token go when the calendar turns? Over the last 12 months, Chainlink has jumped more than 37%, with the last 30 days accounting for a 12% boost according to CoinMarketCap. Although it’s down more than 6.9% in the last week, the token is still trading above the $21 mark.
That pales in comparison to what’s expected. According to the crypto price prediction platform CoinCodex, LINK is projected to return to the $30 mark as early as January. Moreover, the token is predicted to set an all-time high of $53.77 just a month later.
That doesn’t represent the 2025 high, however. With rumors of a BlackRock collaboration abounding, LINK is expected to reach heights of $74 next year, representing a landmark price and an increase of 250% from its current price. According to the platform, Chainlink should target the record in May of next year.