- LINK holds around $23 with steady performance this cycle.
- Analyst sees $150, $175, and $200 as possible long-term targets.
- Adoption growth and ETF momentum strengthen the bullish outlook.
Chainlink’s price has been sitting around $23, moving quietly without any wild swings or crashes this cycle. That steady pace might not grab headlines, but it does keep traders wondering—if LINK hasn’t blown up yet, where could it go once the bull run kicks in?
Why Chainlink Still Matters
Analyst Lee the Captain makes his case for Chainlink, pointing to its real utility. At its core, Chainlink runs oracles, bringing real-world data onto blockchains so apps can actually function. Without oracles, most DeFi apps would stall out. Competitors like Pyth or Flare exist, but they’re nowhere near Chainlink’s reach. And it’s not just oracles—Chainlink also offers tools like Keepers, which automate smart contracts and add another layer of usefulness.
Three Price Scenarios for LINK
Lee laid out three possible outcomes for LINK in this cycle. The first target is $150, which would be about a 6x move from current prices and push market cap near $100 billion. The second, $175, comes with a $120 billion market cap—something Lee compares to BNB hitting that level back in 2021. The third, and most ambitious, is $200, which would be roughly 8x from here, putting LINK around $135 billion in value. For Lee, this level depends on adoption trends—like the fact that more than 600 million people now own crypto and that Bitcoin and Ethereum ETFs are already adding institutional momentum.
Playing the Long Game
Timing is the tricky part. Lee admits nobody knows when these moves might happen—it could be next month, maybe later this year, or even in 2026. His own approach is simple: buy slowly, keep stacking, and wait for the big move. For him, Chainlink is a long-term play, not a quick flip. Whether LINK hits $150, $175, or even $200, the bigger point is that it remains one of the most important projects in crypto, giving blockchains the real-world connection they need to thrive.
