The search volume for the keyword Chainlink on Google reached a three-year high as LINK targets 47 dollars.

Chainlink (LINK) has just achieved an important milestone as its price surpassed the 24 USD threshold, marking the highest level in the past seven months. If it can maintain this growth momentum and decisively break through the 25 USD level, the medium term target for LINK at 47 USD will become feasible.

New Goals for Chainlink

The price surge of LINK is driven by the increasing interest from the community. According to data from Google Trends, the number of searches for the keyword "Chainlink" has reached its highest level since May 2021. This reflects the growing excitement in the market and indicates that LINK is emerging as one of the hottest names in the altcoin space.

The search trend for "Chainlink" on Google Trends | Source: Google TrendsIn light of current market developments, experts believe that LINK may represent the clearest opportunity among major market cap coins in this cycle. This assessment stems from Chainlink's solid foundation as a decentralized data infrastructure. This platform allows Chainlink to serve as a crucial bridge between blockchains and real-world assets (RWA). Furthermore, Chainlink has consistently achieved record milestones in total value of secured assets.

Data from Quinten Francois shows that the Total Value Secured (TVS) on the Chainlink network has reached an all-time high, surpassing 93 billion USD.

At the same time, on-chain metrics also show significant changes. The trading volume of whales for LINK has risen to its highest level in the past three months, according to a report by Santiment. This volume includes 713 large transactions per day over the past five days as prices increased.

In addition, the balance of LINK on exchanges has decreased by nearly 10%, indicating that selling pressure is weakening. This decline also points to an increasing accumulation trend among investors.

LINK whale activity | Source: SantimentFrom a technical analysis perspective, LINK has completed the fifth wave in an uptrend and is currently approaching the $25 level. Analysts predict that if LINK surpasses this level, it may enter a direct breakout towards the $47 target on the long-term chart.

They also pointed out that the likelihood of strong corrections is very low until the upward momentum weakens. The current trading scenarios focus on the support zone of 22–23 USD and the resistance level of 25 USD, with the main trend being bullish.

LINK price analysis | Source: MorecryptoonlThe combination of technical strength, positive signals from on-chain, and increasing interest from the community creates favorable conditions for the next price surge of LINK. If LINK can maintain its upward momentum and decisively surpass the $25 threshold, the $47 target may be within reach in the medium term.

With the current developments, LINK has the potential to become one of the standout "stars" of the price increase cycle in 2025.

Mr. Giáo