Chainlink (LINK) caught the attention of investors when it hit $52 in May 2021, but many crypto enthusiasts had already had their eyes on this token long before that.
This innovative project enables universally connected smart contracts and does it in a fully secure, reliable, and efficient way. Just like the name suggests, the Chainlink network is used to link chains — it uses a decentralized oracle network to connect external data sources to various blockchains.
Beyond being an interesting project with solid real-world applications, Chainlink is also a worthwhile investment. In this article, we will present our Chainlink price forecast for 2021-2030.
- Chainlink Overview
- Who are Chainlink competitors?
- Chainlink Price Analysis
- Market Predictions
- Chainlink Future Price Prediction 2022-2030
- Chainlink Price Prediction 2022
- LINK Price Forecast for May 2022
- June 2022: Chainlink Price Forecast
- LINK Price Forecast for July 2022
- August 2022: Chainlink Price Forecast
- LINK Price Forecast for September 2022
- October 2022: Chainlink Price Forecast
- LINK Price Forecast for November 2022
- December 2022: Chainlink Price Forecast
- Chainlink Price Prediction 2023
- Chainlink Price Prediction 2024
- Chainlink Price Prediction 2025
- Chainlink Price Prediction 2026
- Chainlink Price Prediction 2027
- Chainlink Price Prediction 2028
- Chainlink Price Prediction 2029
- Chainlink Price Prediction 2030
- Chainlink Price Prediction 2031
- FAQ
- Will Chainlink ever reach $100?
- Can Chainlink reach $1,000?
- Can Chainlink reach $10,000?
- Is Chainlink a good investment in 2021 and 2022?
- How much will Chainlink be worth?
- Is Chainlink better than Ethereum?
Chainlink Overview
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Chainlink is a decentralized oracle network that was built on Ethereum. Its token LINK is an ERC-677 token, which is an extension of ERC-20. The Chainlink network is used to facilitate secure and reliable transfer of data between off-chain sources and on-chain smart contracts.
Chainlink (LINK) tokens are what feeds the data from off-chain sources to smart contracts. LINK tokens can be stored in any ERC-20-compatible digital wallets, as the ERC-677 standard has the same functionality as the ERC-20 one.
The network is supported by a large number of data providers, node operators, security auditors, smart contract developers, and many others. Chainlink promises decentralized participation for all users that interact with the platform — anyone can become a node operator on the network.
Chainlink’s new whitepaper, which was posted back in April 2021, outlined some new features and capabilities of the network, including but not limited to:
- crypto-economic staking;
- off-chain computation;
- numerous privacy-preserving features.
Chainlink is a rather special project. It was one of the first networks that allowed off-chain data to be transferred to on-chain smart contracts, and its innovative nature has attracted quite a lot of partners and data providers, such as Huobi.
Who are Chainlink competitors?
As a cryptocurrency, Chainlink technically competes against the entire cryptocurrency market. As a project, however, Chainlink doesn’t have that many competitors — the three main ones are Band Protocol, API3, and WINKlink.
As the main purpose of oracle networks, such as Chainlink and those three mentioned above, is connecting other projects, making them compatible with each other and the real world, the most important metric for them is the number of acquired partners. And Chainlink is far ahead of its competition: it has ten times as many partnerships and integrations as those three combined. It is undoubtedly the number one oracle network.
Chainlink Price Analysis
Now, let’s take a look at Chainlink price history.
Chainlink is unique as it doesn’t follow the usual altcoin price movements. It didn’t have an explosive start like many other smaller coins or tokens, and it managed to recover from the sell-off that followed its first mooning.
LINK had been unable to overcome the $5 price level for almost two years, actually spending most of that time stuck below the $1 mark. Its first big break came in the summer of 2020: Chainlink managed to hit $19 in August. After that, LINK went through a brief correction period and started rising again at the beginning of 2021.
Chainlink price in 2021 followed the crypto market, rising in mid-spring, reaching its peak in early May, and then slowly but surely declining back to its pre-mooning numbers. However, unlike many other coins and tokens, LINK managed to recover, hovering around the $26 mark now. The current Chainlink price is $27.
Market Predictions
Let’s take a look at what industry experts think about Chainlink (LINK) price and its future. Here’s the result of TradingView’s Chainlink technical analysis.
Source: tradingview.com
TradingView has a bullish outlook on the token, giving it a “Buy” signal. According to their Chainlink price forecast, this cryptocurrency still has room for growth. Their technical analysis shows that LINK is going to rise in the future.
Gov Capital is also bullish on this token: according to their Chainlink price prediction, LINK has a potential to reach $215 in the next few years. Many other experts, including the ones at Trading Beasts and Wallet Investor, have less optimistic price predictions, but their LINK forecasts are still overall positive — they expect the token to continue rising both in the short and the long term.
Chainlink Future Price Prediction 2022-2030
Chainlink Price Prediction 2022
According to the technical analysis of Chainlink prices expected in 2022, the minimum cost of Chainlink will be $8.10. The maximum level that the LINK price can reach is $9.60. The average trading price is expected around $8.43.
LINK Price Forecast for May 2022
Based on the price fluctuations of Chainlink at the beginning of 2022, crypto experts expect the average LINK rate of $6.92 in March. Its minimum and maximum prices can be expected at $6.26 and at $7.12, respectively.
June 2022: Chainlink Price Forecast
Cryptocurrency experts are ready to announce their forecast for the LINK price in April 2022. The minimum trading cost might be $6.87, while the maximum might reach $7.40 during this month. On average, it is expected that the value of Chainlink might be around $7.13.
LINK Price Forecast for July 2022
Crypto analysts have checked the price fluctuations of Chainlink in 2022 and in previous years, so the average LINK rate they predict might be around $7.27 in May. It can drop to $6.94 as a minimum. The maximum value might be $7.75.
August 2022: Chainlink Price Forecast
In the middle of the year 2022, the LINK price will be traded at $7.49 on average. June might also witness an increase in the Chainlink value to $8.12. It is assumed that the price will not drop lower than $7.23 in June 2022.
LINK Price Forecast for September 2022
Crypto experts have analyzed Chainlink prices in 2022, so they are ready to provide their estimated trading average for July — $7.72. The lowest and peak LINK rates might be $7.39 and $8.49.
October 2022: Chainlink Price Forecast
Crypto analysts expect that at the end of summer 2022, the LINK price will be around $7.87. In August, the Chainlink cost may drop to a minimum of $7.54. The expected peak value might be $8.80 in August 2022.
LINK Price Forecast for November 2022
Having analyzed Chainlink prices, cryptocurrency experts expect that the LINK rate might reach a maximum of $9.19 in September 2022. It might, however, drop to $7.84. For September, the forecasted average of Chainlink is nearly $8.11.
December 2022: Chainlink Price Forecast
In the middle of autumn 2022, the Chainlink cost will be traded at the average level of $8.43. Crypto analysts expect that in October 2022, the LINK price might fluctuate between $8.10 and $9.60.
Chainlink Price Prediction 2023
After the analysis of the prices of Chainlink in previous years, it is assumed that in 2023, the minimum price of Chainlink will be around $12.03. The maximum expected LINK price may be around $14.45. On average, the trading price might be $12.37 in 2023.
Chainlink Price Prediction 2024
Based on the technical analysis by cryptocurrency experts regarding the prices of Chainlink, in 2024, LINK is expected to have the following minimum and maximum prices: about $18.55 and $20.76, respectively. The average expected trading cost is $19.05.
Chainlink Price Prediction 2025
The experts in the field of cryptocurrency have analyzed the prices of Chainlink and their fluctuations during the previous years. It is assumed that in 2025, the minimum LINK price might drop to $26.64, while its maximum can reach $32.01. On average, the trading cost will be around $27.41.
Chainlink Price Prediction 2026
Based on the analysis of the costs of Chainlink by crypto experts, the following maximum and minimum LINK prices are expected in 2026: $46.87 and $40.30. On average, it will be traded at $41.40.
Chainlink Price Prediction 2027
Crypto experts are constantly analyzing the fluctuations of Chainlink. Based on their predictions, the estimated average LINK price will be around $59.57. It might drop to a minimum of $57.91, but it still might reach $69.03 throughout 2027.
Chainlink Price Prediction 2028
Every year, cryptocurrency experts prepare forecasts for the price of Chainlink. It is estimated that LINK will be traded between $83.57 and $99.29 in 2028. Its average cost is expected at around $86.55 during the year.
Chainlink Price Prediction 2029
Cryptocurrency analysts are ready to announce their estimations of the Chainlink’s price. The year 2029 will be determined by the maximum LINK price of $148.49. However, its rate might drop to around $126.40. So, the expected average trading price is $130.73.
Chainlink Price Prediction 2030
After years of analysis of the Chainlink price, crypto experts are ready to provide their LINK cost estimation for 2030. It will be traded for at least $182.88, with the possible maximum peaks at $221.04. Therefore, on average, you can expect the LINK price to be around $188.11 in 2030.
Chainlink Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Chainlink’s price. The year 2031 will be determined by the maximum LINK price of $316.39. However, its rate might drop to around $269.26. So, the expected average trading price is $278.66.
FAQ
Will Chainlink ever reach $100?
A hundred dollars is actually a rather achievable price for Chainlink. Some experts are predicting that it will hit double that in the next few years, though most don’t see it rising that high. We think that a $100 peak is possible for LINK, but the token is unlikely to stay at that price level for long.
Can Chainlink reach $1,000?
Well, it technically can, but we think that Chainlink price is unlikely to ever reach $1,000. It will require the token’s price to be able to comfortably stay at the very least at the $100-300 price level, which currently seems unachievable.
Can Chainlink reach $10,000?
While everything is possible, it is highly unlikely that the price of Chainlink will ever reach $10,000 — not even the most optimistic LINK price predictions expect that.
Is Chainlink a good investment in 2021 and 2022?
Chainlink is a good investment for both the short and the long term. Most Chainlink price predictions expect this token to rise in the near future and stay strong in the next few years, so it seems to be a profitable investment.
How much will Chainlink be worth?
It’s hard to say how much exactly Chainlink (LINK) will be worth in the future, but we expect it to strengthen its position and not only rise back up to the $50 price level, but also to possibly cross the $100 mark.
Is Chainlink better than Ethereum?
Chainlink and Ethereum are both good projects and good investment options, but Ethereum is slightly better. However, as Ethereum price is unlikely to experience drastic price movements, Chainlink (LINK) will be a better choice if you want to add a “high reward, high risk” type of asset to your portfolio.
As a holder of chainlink, I hope that the link price will rise at least a bit. Thanks for sharing and analyzing the price market.
I found a good chainlink price on changelly. highly recommend
I totally trust chainlink, it’s a transparent and credible currency. Thank you for this chainlink price prediction
I believe that the chainlink price will grow really high, it’s just a matter of time
The price of chainlink is likely to pump. Time will tell! Thanks for the article.
cant believe chainlink was created by only 2 people!!! great work! hope chainlink price will please us this year!
Chainlink fundamentals amazingly strong for this space. I views as a stabilizing piece of my crypto
Portfolio. XRP, chainlink, zcash along with a few ‘more’ speculative plays has me smiling I’m positioned . Chainlink is a buy under $3 in the near term. Don’t hesitate now ImHO