The price of Chainlink has recently garnered attention as new investors enter the market, reflected in the growing number of holders. Data suggests potential long-term opportunities.
Key Developments in Chainlink Price Prediction 2025
Data from the analytical platform, Santiment, highlights a rising trend in the number of holders of Chainlink. The total number of addresses holding a non-zero balance has risen significantly over the past year.
Growth of Chainlink Holders
In the past month alone, 7,903 new non-zero balance addresses joined the network, bringing the total number of holders to an all-time high of 769,380, indicating positive prospects for the network.
Signs of Technical Breakout and Future Price Targets
Current data shows that Chainlink's price may be on the verge of a breakout. If the price manages to break above key resistance levels around $14.65, it could confirm the beginning of a larger upward trend.
Chainlink holds potential for significant growth driven by increasing holder numbers and favorable market indicators. Despite the current price dip, signs of an impending breakout are becoming clear.