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Chainlink Price Prediction: Can LINK Rally to $300 After SEC Meeting Boost?


by Gary Ponce
for BlockNews
Chainlink Price Prediction: Can LINK Rally to $300 After SEC Meeting Boost?
  • LINK is trading around $22.37, gaining 6% weekly and showing bullish momentum.
  • SEC meeting on on-chain compliance strengthens institutional adoption prospects.
  • Technicals point to retesting $52 ATH, with long-term Elliott Wave targets as high as $300.

Chainlink (LINK) is once again catching market attention, trading around $22.37 with over $535M in daily volume and a $15B market cap. The token has gained 0.8% in the last 24 hours and nearly 6% in the past week. While not yet explosive, the setup shows LINK could be preparing for a larger breakout move.

SEC Meeting Boosts Chainlink Institutional Adoption Hopes

A big catalyst came from Chainlink co-founder Sergey Nazarov, who confirmed a successful meeting with the U.S. Securities and Exchange Commission. The discussion centered on decentralized oracles supporting on-chain compliance. Regulators explored how they could directly verify blockchain transactions while still balancing oversight with privacy and decentralization. This type of collaboration signals real potential for institutional adoption, as oracles could power automated reporting, wallet limits, and transparent auditing for future financial systems.

Chainlink Technical Analysis Shows Breakout Potential

On the charts, analysts are pointing to bullish strength. XForceGlobal noted that LINK has flipped a major resistance into support, a classic sign that buyers are taking control. After consolidating in a key price area, LINK appears set to retest its previous all-time high near $52. Short-term corrections may happen, but the structural support looks firm and favors continuation higher.

Elliott Wave Theory Predicts $200–$300 Long-Term Target

Some analysts are even more optimistic. According to Elliott Wave Theory, LINK’s long corrective phase since the 2021 peak (~$52) may now be complete. If correct, LINK has entered Wave 3—the most powerful phase in this model. With validation above $52 and invalidation only below $5.80, the bullish structure could eventually send LINK soaring into the $200–$300 range over the long run.

The post Chainlink Price Prediction: Can LINK Rally to $300 After SEC Meeting Boost? first appeared on BlockNews.

Read the article at BlockNews

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Chainlink Price Prediction: Can LINK Rally to $300 After SEC Meeting Boost?


by Gary Ponce
for BlockNews
Chainlink Price Prediction: Can LINK Rally to $300 After SEC Meeting Boost?
  • LINK is trading around $22.37, gaining 6% weekly and showing bullish momentum.
  • SEC meeting on on-chain compliance strengthens institutional adoption prospects.
  • Technicals point to retesting $52 ATH, with long-term Elliott Wave targets as high as $300.

Chainlink (LINK) is once again catching market attention, trading around $22.37 with over $535M in daily volume and a $15B market cap. The token has gained 0.8% in the last 24 hours and nearly 6% in the past week. While not yet explosive, the setup shows LINK could be preparing for a larger breakout move.

SEC Meeting Boosts Chainlink Institutional Adoption Hopes

A big catalyst came from Chainlink co-founder Sergey Nazarov, who confirmed a successful meeting with the U.S. Securities and Exchange Commission. The discussion centered on decentralized oracles supporting on-chain compliance. Regulators explored how they could directly verify blockchain transactions while still balancing oversight with privacy and decentralization. This type of collaboration signals real potential for institutional adoption, as oracles could power automated reporting, wallet limits, and transparent auditing for future financial systems.

Chainlink Technical Analysis Shows Breakout Potential

On the charts, analysts are pointing to bullish strength. XForceGlobal noted that LINK has flipped a major resistance into support, a classic sign that buyers are taking control. After consolidating in a key price area, LINK appears set to retest its previous all-time high near $52. Short-term corrections may happen, but the structural support looks firm and favors continuation higher.

Elliott Wave Theory Predicts $200–$300 Long-Term Target

Some analysts are even more optimistic. According to Elliott Wave Theory, LINK’s long corrective phase since the 2021 peak (~$52) may now be complete. If correct, LINK has entered Wave 3—the most powerful phase in this model. With validation above $52 and invalidation only below $5.80, the bullish structure could eventually send LINK soaring into the $200–$300 range over the long run.

The post Chainlink Price Prediction: Can LINK Rally to $300 After SEC Meeting Boost? first appeared on BlockNews.

Read the article at BlockNews

Read More

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