{"id":17207,"date":"2025-12-03T17:32:02","date_gmt":"2025-12-03T17:32:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/can-chainlink-price-hit-20-as-new-link-etf-inflows-rise\/"},"modified":"2025-12-03T17:32:06","modified_gmt":"2025-12-03T17:32:06","slug":"can-chainlink-price-hit-20-as-new-link-etf-inflows-rise","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/can-chainlink-price-hit-20-as-new-link-etf-inflows-rise\/","title":{"rendered":"Can Chainlink price hit $20 as new LINK ETF inflows rise?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Chainlink price continued its strong rebound as market participants cheered the recent LINK ETF launch and the strong inflows.\u00a0<\/p>\n<div id=\"cn-block-summary-block_b3ef095e3ba950eaf5184b5005cf6a06\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Chainlink price has rallied by 25% from its lowest level this month.<\/li>\n<li>The recently launched LINK ETF has accumulated over $41 million in inflows.<\/li>\n<li>Technical analysis suggests that the token has more upside to go.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Chainlink (LINK) token rose by 7% today, Dec. 3, reaching a high of $14.50, its highest level since Nov. 14. It has soared by over 25% from its lowest level this month.<\/p>\n<p>LINK token soared as Grayscale\u2019s GLNK ETF attracted over $41 million in inflows on the first day. This is a significant number considering that the Canary Hedera ETF has attracted $82 million in inflows since its approval in October.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">~$41,500,000 in Day 1 inflows for <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Grayscale?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Grayscale<\/a> Chainlink Trust ETF <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24GLNK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$GLNK<\/a>, the first of its kind<\/p>\n<p>A clear signal of broader market demand for <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/chainlink?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Chainlink<\/a> exposure<\/p>\n<p>This is only the beginning. More to come.<\/p>\n<p>\u2014 Peter Mintzberg (@PeterMintzberg) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/PeterMintzberg\/status\/1996223857640743279?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">December 3, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Similarly, the spot Litecoin ETF has had $7.67 million in inflows, while the two Dogecoin funds have achieved $2.68 million. This growth is likely because Chainlink is one of the most important players in the cryptocurrency industry.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Chainlink provides oracles to the largest DeFi networks, such as Compound and Aave. Its total value secured in DeFi is nearly <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/oracles\" target=\"_blank\" rel=\"nofollow\">$60 billion<\/a>, giving it a market share of over 70%.\u00a0<\/p>\n<p>It is also a big name in the fast-growing real-world asset tokenization industry, where it is used by companies like JPMorgan, Janus Henderson, and Swift.\u00a0<\/p>\n<p>LINK\u2019s price also soared as exchange supply tumbled to its lowest level in months. It has dropped by 28% in the last six months to 217.7 million tokens, a sign of increased accumulation. Whale holdings have risen by 15% in this period to 2.92 million LINK tokens.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Chainlink price technical analysis points to a jump to $20<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">LINK price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart shows that the LINK token price has rebounded in the past two days. This rebound occurred after the token formed a double bottom at $11.56 and a neckline at $13.5.<\/p>\n<p>Chainlink\u2019s price has also formed a large falling wedge pattern, composed of two descending, converging trendlines. It has already moved above the upper side of this pattern, while the Average Directional Index remains at 32, a sign that the momentum is strong.<\/p>\n<p>Therefore, a move above the $15 resistance will confirm the bullish outlook and point to further gains, potentially to the psychological $20 level. The bullish LINK price forecast will become invalid if it drops below the double-bottom point at $11.50.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink price continued its strong rebound as market participants cheered the recent LINK ETF launch and the strong inflows.\u00a0 Summary Chainlink price has rallied by 25% from its lowest level&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=17207"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17207\/revisions"}],"predecessor-version":[{"id":17208,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17207\/revisions\/17208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4743"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=17207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=17207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=17207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}