Chainlink ($LINK) Crypto Forecast: Up 5.0% Today

What is Chainlink?

Chainlink (LINK) serves as a decentralized oracle network facilitating secure interactions between smart contracts and real-world data. Recently, LINK saw significant upward movement within the cryptocurrency market's risk-off atmosphere.

Why is Chainlink going up?

LINK crypto is up 5.0% on Sep 2, 2025 21:15

• Following the announcement of a collaboration with the US Department of Commerce to incorporate economic data onto the blockchain, LINK's value surged by almost 4%, underscoring its rising adoption and usefulness within the blockchain sphere.
• The revelation that official economic statistics from the US Government will be on the blockchain further propelled LINK's positive trajectory, showcasing the increasing melding of traditional institutions with blockchain technology.
• Despite prevailing risk-off sentiments in the market, LINK's price stabilization above $23 and its outperformance of major cryptocurrencies like Bitcoin and Ethereum signal growing investor trust in its future prospects.
• The amalgamation of favorable developments in LINK's adoption and functionality, alongside positive market attitudes towards blockchain's integration into conventional sectors, likely played a role in driving its noteworthy bullish movement.

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Bitcoin and Ethereum May Have Hit New Highs In August, But This Exchange Token Really Said 'Hold My Beer' With 264% Gains - Grayscale Bitcoin Mini Trust ( BTC ) Common units of fractional undivided beneficial interest ( ARCA:BTC )

The cryptocurrency market is coming off a record-breaking August, with heavyweights like Bitcoin BTC/USD and Ethereum ETH/USD setting fresh highs. OKB, the native token of cryptocurrency exchange OKEx, topped the monthly gainer chart, skyrocketing a massive 264%.

https://www.benzinga.com/crypto/cryptocurrency/25/09/47441660/bitcoin-and-ethereum-may-have-hit-new-highs-in-august-but-this-exchange-token-really-said-h

Chainlink Price Forecast: LINK hovers around $23 as AUM hits $137 million

Chainlink (LINK) extends its consolidation above its short-term support level at $23.00 as the broader cryptocurrency market remains in a risk-off sentiment. The oracle token exchanges hands 16% below the August peak of $27.85, reflecting the impact of macroeconomic uncertainty.

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-hovers-around-23-as-aum-hits-137-million-202509011313

Morning Minute: The US Just Put GDP On-Chain

It's a watershed moment for crypto, as the U.S. Government begins publishing official economic stats on the blockchain.

https://decrypt.co/337328/morning-minute-the-us-just-put-gdp-on-chain

Chainlink Price Forecast: LINK surges on Department of Commerce partnership to bring economic data on-chain

Chainlink (LINK) is up nearly 4% on Thursday after announcing a partnership with the US Department of Commerce (DOC) to launch six economic data points across ten blockchains, including Ethereum, Avalanche and Solana.

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-surges-on-department-of-commerce-partnership-to-bring-economic-data-on-chain-202508281730

Cynthia Lummis Says Publishing US GDP Data On Blockchain Is A 'Historic Move' - Thanks Trump, Lutnick For Leadership - Grayscale Bitcoin Mini Trust ( BTC ) Common units of fractional undivided beneficial interest ( ARCA:BTC )

Cryptocurrency supporters hailed on Thursday the U.S. government's move to post GDP numbers on several blockchain platforms. Sen. Cynthia Lummis ( R-Wyo. ) deemed the Commerce Department's move as "historic" that will ensure America's leadership in "digital innovation and transparency."

https://www.benzinga.com/crypto/cryptocurrency/25/08/47404601/cynthia-lummis-says-publishing-us-gdp-data-on-blockchain-is-a-historic-move-thanks-trump-lu

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Chainlink Price History

29.07.2025 - LINK Crypto was down 6.6%

• The partnership between Chainlink and the US Department of Commerce to bring economic data on-chain was initially met with enthusiasm, leading to a surge in LINK's price.
• However, the market sentiment might have shifted due to profit-taking or concerns about the overall cryptocurrency market, resulting in the bearish movement of LINK.
• The announcement of Caliber, a real estate firm, becoming the first publicly traded company to start a Chainlink treasury could have influenced the market movement as well, with investors reacting to the news in different ways.
• Overall, while the partnership news was positive, external factors and profit-taking could have contributed to the bearish movement in LINK's price today.

26.07.2025 - LINK Crypto was up 5.0%

• The bullish movement of LINK today can be attributed to the partnership announcement with a financial conglomerate in Japan, focusing on DeFi use cases. This collaboration opens up new opportunities for Chainlink in the Asian market.
• Additionally, the filing for a Chainlink ETF by Bitwise, with Coinbase as its custodian, could have sparked investor optimism and contributed to the positive price action of LINK.
• The integration of Chainlink Proof of Reserve for BGBTC on Bitget may have also played a role in boosting confidence in the Chainlink ecosystem, leading to the rebound in LINK's price.
• Overall, these developments highlight growing institutional interest and adoption of Chainlink's technology, positioning the project for further growth and expansion in the decentralized finance space.

27.07.2025 - LINK Crypto was up 5.0%

• The positive movement in Chainlink (LINK) is possibly connected to optimism from the news of Bitwise applying to launch a LINK spot Exchange Traded Fund (ETF), demonstrating increasing institutional interest in the token.
• Additionally, the collaboration between Chainlink and Japan's SBI Group to concentrate on DeFi use cases may have also fueled the positive momentum, creating new opportunities for blockchain-based tools in the finance industry.
• The combination of the ETF submission and the partnership with SBI Group showcases Chainlink's growing presence in traditional finance and the decentralized finance sector, bolstering investor confidence and driving the price upwards.

20.07.2025 - LINK Crypto was up 5.0%

• The adoption of Chainlink Proof of Reserve on Ethereum by Bitget to provide transparency for its wrapped Bitcoin asset, BGBTC, likely boosted trust in both Bitget and Chainlink, leading to increased demand for LINK.
• The creativity in crypto treasury strategies and the resilience of Chainlink against Bitcoin and Ethereum could have attracted investors looking for stability and potential growth opportunities, contributing to LINK's bullish movement.
• Chainlink spearheading the crypto recovery and outperforming other cryptocurrencies like Arbitrum and MemeCore indicates strong market confidence in LINK's capabilities and potential for future growth.
• The positive sentiment around Chainlink, with traders eyeing a potential rally, suggests that market participants are recognizing LINK as a promising investment opportunity, driving up its value significantly.

27.07.2025 - LINK Crypto was up 5.0%

• The bullish movement in LINK today may be linked to Bitwise filing for a Chainlink ETF, suggesting increasing mainstream interest in the cryptocurrency.
• The partnership between Chainlink and Japan's SBI Group focusing on DeFi use cases likely boosted investor confidence in LINK's future utility and adoption.
• The collaboration between SBI Group and Chainlink in bringing crypto technology to Asia's finance sector could have generated positive sentiment around LINK's expanding reach and potential market impact.
• Overall, the news of institutional adoption and strategic partnerships within the cryptocurrency space appears to have fueled the bullish momentum in LINK today.

02.08.2025 - LINK Crypto was up 5.0%

• Following the announcement of a collaboration with the US Department of Commerce to incorporate economic data onto the blockchain, LINK's value surged by almost 4%, underscoring its rising adoption and usefulness within the blockchain sphere.
• The revelation that official economic statistics from the US Government will be on the blockchain further propelled LINK's positive trajectory, showcasing the increasing melding of traditional institutions with blockchain technology.
• Despite prevailing risk-off sentiments in the market, LINK's price stabilization above $23 and its outperformance of major cryptocurrencies like Bitcoin and Ethereum signal growing investor trust in its future prospects.
• The amalgamation of favorable developments in LINK's adoption and functionality, alongside positive market attitudes towards blockchain's integration into conventional sectors, likely played a role in driving its noteworthy bullish movement.

28.07.2025 - LINK Crypto was up 7.0%

• Caliber establishing a LINK token digital asset treasury strategy could have increased confidence in the LINK token, attracting more investors.
• The "natural rotation" of funds from Bitcoin to altcoins like Ether might have contributed to the bullish movement of LINK.
• The news of Bitwise filing to launch a LINK spot ETF could have sparked optimism and interest in LINK, leading to its price breakout towards $30.
• The filing for a Chainlink ETF with in-kind creation and redemption, using Coinbase as its custodian, could signal growing institutional interest in LINK, further boosting its price.

28.07.2025 - LINK Crypto was up 5.2%

• A real estate asset management firm announced the establishment of a Chainlink treasury, resulting in increased demand for LINK tokens and driving up the price.
• The collaboration between the US Commerce Department and Chainlink to put GDP data on the blockchain added credibility to Chainlink's technology, attracting more investors to the project.
• A stock price surge of 77% following the LINK treasury news highlighted the growing interest in blockchain integration among traditional companies, further boosting LINK's value.
• Overall, the positive developments surrounding Chainlink's partnerships and use cases in integrating real-world data into blockchain ecosystems contributed to the bullish market movement of LINK.

21.07.2025 - LINK Crypto was up 5.2%

• Chainlink (LINK) rebounded by 4% and traded above $24 after a pullback the previous day.
• Bitget's integration of Chainlink Proof of Reserve for BGBTC provided transparency and boosted trust, potentially attracting more investors to the platform.
• Chainlink's resilience and leadership in the market recovery, along with positive sentiment towards altcoins like Arbitrum and MemeCore, contributed to its bullish trend.
• Analysts highlight Chainlink's performance amid struggles of other major cryptocurrencies like Bitcoin and Ethereum, emphasizing its potential as a leader in the market if sentiment improves.

21.07.2025 - LINK Crypto was down 5.4%

• The integration of Chainlink Proof of Reserve by Bitget seems to have positively impacted LINK's price in the short term, leading to a rebound after a recent pullback.
• The news about State Street becoming the first custodian on JPMorgan's tokenized debt platform may have shifted investor focus towards traditional financial institutions, diverting attention from cryptocurrencies like LINK.
• Despite the positive developments within the Chainlink ecosystem, the overall struggle of major cryptocurrencies like Bitcoin and Ethereum could have contributed to the bearish movement of LINK as investors may have opted for more stable assets during this period of market uncertainty.

21.07.2025 - LINK Crypto was up 7.1%

• Chainlink's bullish movement can be attributed to the adoption of Chainlink Proof of Reserve by Bitget, enhancing transparency for its wrapped Bitcoin asset, BGBTC.
• Creative strategies employed by blockchain native protocols in the crypto treasury space are also contributing to the positive sentiment around Chainlink.
• Chainlink's resilience against Bitcoin and other major tokens like Ethereum and Solana is positioning it as a potential leader in the market, attracting investors seeking lasting gains.
• The overall recovery in the cryptocurrency market, spearheaded by Chainlink's strong performance, is also boosting sentiment for altcoins like Arbitrum and MemeCore, which are following the bullish trend.

25.07.2025 - LINK Crypto was down 5.3%

• Chainlink (LINK) saw a decrease in value despite securing a partnership with Japan's SBI Group for DeFi use cases.
• This decline in value may be attributed to profit-taking following a recent price increase linked to the integration of Chainlink Proof of Reserve by Bitget for BGBTC.
• Even though the collaboration with SBI Group and expansion into Asia's finance sector could bring long-term advantages, short-term market sentiment led to the decrease in value.
• The uncertain market conditions and profit-taking activity might have outweighed the positive advancements in the Chainlink ecosystem, resulting in the decline in value.