Chainlink (LINK) has climbed in value over the past year, up over 130% since September 2024. However, the token’s growth has slowed this past month, raising questions among analysts about how high the altcoin can go by the end of this September. LINK has started to gain momentum after the announcement of its recent partnership with SBI Japan, as well as Chainlink’s partnership with the US Government to put economic data on-chain. Marking a major feat, LINK is now targeting a broader price level, eyeing a new high of $40. Will the time be able to score a new ATH by the end of this month?
LINK price currently trades around $24, up 7.5% in the past week. LINK’s one-year surge coincides with broader crypto strength. For instance, Bitcoin and other tokens have also rallied in 2025, but Chainlink has notably outpaced the market. Additionally, the Chainlink- US Commerce deal cements Chainlink’s status as a trusted oracle for bringing real‑world data into crypto, increasing the institutional interest in Chainlink and its native cryptocurrency.
Furthermore, data from Nansen reveals that crypto whales accumulated 2.08 million LINK over the past 180 days. This is worth approximately $49.5 million at current prices, representing a 64.5% increase in buying activity. Often, huge whale purchases are a prerequisite for a crypto coin to rally, and LINK has seen this pattern in the past. Therefore, an incoming rally is very likely if history repeats itself.
Looking at the price charts, crypto analyst Ali Martinez suggests LINK is forming a bull flag pattern. Targeting $26 as a lower resistance, LINK could very well surpass $30 soon, should it stay on this pattern. Looking even further ahead, Martinez stated that “the next move for Chainlink $LINK could send it toward $100.” Of course, that is a very bullish forecast from current price levels, marking growth of almost 400%. However, the moderate near-term forecast of LINK to $30 seems very likely within the month.
According to LINK analysts at CoinCodex, the current sentiment is Bullish while the Fear & Greed Index is showing 54 (neutral). The analysts don’t see LINK hitting $30 this month, but their analyses are often very conservative and can be outperformed. CoinCodex forecasts LINK climbing a further 7% at max in September to $ 25.92. However, it does see LINK to $30 happening come November 2025.
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