Chainlink (LINK) has outperformed the second-largest coin by market capitalization—Ethereum—during the past 6 months. Despite hitting double digits, LINK is still underpriced when compared to its fundamentals. As such, analysts estimate it to rise to $20.
Chainlink trumped Ethereum, the second-largest crypto by market cap, with its price. When ETH lost 2% of its value, LINK had added 17%+ during the last six months. With its recent price spike, the LINK/ETH pair tested the 200-day MA, which is a long-term indicator. Testing this level shows that LINK has got stronger against ETH.
Chainlink fundamental enhancements with real-world assets
Chainlink has been steadily building infrastructure that connects traditional finance with blockchain networks. Its CCIP enables assets and data to move across different blockchains, supporting the growing tokenization market.
Chainlink is also expanding into real-world assets, providing pricing, NAV data and proof-of-reserves infrastructure. Its technology has attracted interest from major financial institutions and market infrastructures.
Beyond price feeds, Chainlink now offers services including data streams, automation, functions, and institutional data solutions. The network also remains deeply integrated with DeFi protocols, where its data is used for lending, derivatives, and collateral management.
Meanwhile, Chainlink has enabled tens of trillions of dollars in transaction value, highlighting its growing network utility. Together, these developments strengthen LINK’s fundamentals by positioning Chainlink as critical infrastructure for the tokenized and interconnected financial system.
According to market analyst Lana Valentis, LINK has broken out from the falling wedge with a convincing rally. And given that it continues to rise, there is a high chance that it could rise above $11 and reach as high as $20. Meanwhile, a C-level person from Standard Chartered Bank predicts that LINK could hit $200 in the coming years.
