- As the crypto market swings to recovery phase, many altcoins print bull flags.
- Chainlink could set many ATHs in the coming golder bull run phase with a peak of $110.
- Head of Banking at LINK reveals possible trigger via multiple projects going live on the ecosytem in early 2025.
As the crypto market swings to recovery and price discovery phase, Bitcoin (BTC) is leading altcoins towards new ATHs and a new altseason. Presently, many altcoins are showing major bull flags and crypto analysts expect massive movements from many cryptos.
Amongst these many bullish assets is Ripple’s XRP, WadzPay (WTH), VeChain (VET), Cardano (ADA), JasmyCoin (JASMY), FLOKI, and Chainlink (LINK). In particular for LINK, the asset pumped earlier this cycle but has retraced so far only to print massive bullish signals at the moment.
One LINK enthusiast finds a possible catalyst that could trigger LINK’s price to its glory days and perhaps even higher to set a new ATH in the coming golden bull cycle phase. He goes on to share a recent video from a prominent member of LINK’s team.
As we can see from the post above, the Head of Banking and Capital Market for Chainlink, Angie Walker mentions something that the project has been hinting at for a long time. Walker confirms on the video that Chainlink is working with major projects across the world.
To specify, multiple projects will go live on the Chainlink (LINK) ecosystem to benefit from its many offerings of tokeninzing real-world assets (RWAs), its superior speed and security for on-chain transactions, its heightened prowess in interoperability, and lots more.
In detail, Walker says these projects will go live on Chainlink in early 2025 as Chainlink is no longer focusing on any POC’s but instead strictly has its eye on boosting the production and development of go live projects on its ecosystem.Walker also says that the project’s major focus is in driving real-world adoption.
Lastly, a price analyst for LINK shares his expectations for a LINK ATH this bull cycle. Based on the chart shares in his post, the analyst expects the price of LINK to reach $89 and possibly move past it to reach a new ATH of $110.
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