Chainlink price prediction 2023 and beyond

Chainlink allows blockchain platforms to access real-world data, and is one of the most popular cryptocurrencies around. This page presents the best Chainlink price predictions for the next decade.
Updated: Sep 7, 2023
Copy link to section

Most traders and the general Chainlink community tend to believe that its price could reach $500 – $1000 within a few market cycles. On the other hand, some analysts believe the coin will hang around the $30 – $100 area until 2030.

The sharp discrepancy in price predictions is unusual when compared to other cryptocurrencies. Here is a range of price predictions for Chainlink according to analysts from the end of 2023 to the end of 2030. 

YearAverage price prediction
An average of expert opinion on the future price of Chainlink, updated September 2023
Copy link to section

Part of composability is that you don’t have to build everything by yourself. Chainlink’s oracle is very good, and it’s part of this whole composability idea, it’s vital.”

Stani Kulechov, CEO of AAVE

We really did our due diligence and looked around… Chainlink is definitely the most established [project], and every time we dealt with them the level of expertise was incredible so I feel like we are in good hands.”

Justin Moses, CTO of Synthetix   

Integrating industry-leading decentralized oracle technology is the key step in the continued decentralization of Celsius. Partnering with Chainlink solidifies our mission to bring revolutionary financial services to millions around the world.”

Alex Mashinsky, CEO of Celsius

Where can I trade Chainlink?

Copy link to section

You can trade Chainlink on most cryptocurrency trading platforms. When trading, it’s best to use a low-fee platform that offers quick transactions and a wide range of trading options. Below are some of the best ones that allow you to sign up for free and start trading within minutes.

Min. Deposit
$ 10
Best offer
User Score
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:

77% of retail CFD accounts lose money.

Min. Deposit
$ 0
Best offer
User Score
Get insights from millions of investors, creators, and analysts
Build your portfolio of stocks, ETFs, and crypto–all in one place
No minimum deposit
Start Trading
Payment Methods:
Bank Wire, Check, Debit Card, Wire Transfer
Full Regulations:
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.
Min. Deposit
$ 50
Best offer
User Score
Log in using the app and claim the Mystery Box to receive up to $10,000 in reward
One of the top digital asset exchanges by trading volume
Serving millions of users in over 100 countries
Start Trading
Payment Methods:
AdvCash, AliPay, American Express, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Mercada Pago, PayPal, Payoneer, PicPay, QIWI, SEPA, Simplex, Visa, WeChat, Wire Transfer, neteller, , , , , , , , , , , , , , , , , , , , , , , , , , , skrill
Full Regulations:
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.
Copy link to section

What will Chainlink be worth in 2023? A new all-time high of $74 is possible in 2023. By then, a great number of blockchains and applications may be using Chainlink oracles, and this increased popularity would drive more demand for the coin. 

Copy link to section

What will Chainlink be worth in 2024? A price target of around $92 has been set for 2024. This is reliant on continued growth of the platform, through building more links with other blockchains and supplying them with data.

Copy link to section

What will Chainlink be worth in 2025? Analysts believe the price will range once more around the $90 region before ending the year at around $99. This represents a relatively slow period of growth in the middle of the decade and perhaps a ceiling to what analysts think is possible.

Copy link to section

What will Chainlink be worth in 2030? A popular choice is for Chainlink to breach $100 at the dawn of the new decade. This again suggests that analysts do not expect it to grow significantly in the latter half of the 2020s. 

Copy link to section

There are some underlying fundamental factors, such as the success of its data supply service, that play an important role in the price. There are also some technical factors, such as support and resistance levels, that also have an impact on the way its value changes.

The fundamentals

Copy link to section

Chainlink is a decentralised network that carries data from outside of the blockchain into applications on the blockchain using “oracles”. These oracles involve people offering their own computers to help with the process and LINK tokens are used to reimburse them for their effort. 

Many decentralised applications rely on the data oracles that Chainlink is able to provide. As more projects come to use Chainlink’s network, it’s generally accepted that the price of Chainlink should appreciate alongside its network usage.

The technical

Copy link to section

Technical analysis can be used to try and predict how an asset will perform overtime. The moving average, trading volume, and spotting support levels can all contribute to making a decision on whether a trade should be taken on an asset or not.

During times of market uncertainty or whenever the Bitcoin price falls, Chainlink tends to stay afloat and even appreciate in price. This has become a joke amongst the crypto community, as this is highly unusual (in fact, the opposite of how most coins perform).

Copy link to section

LINKs price closed above $50 in May 2021, however since then its been on a steady decline. Following its all time high, it lost around 80% in value and 2022 it was trading at $10 for the first time in a couple of years. The chart below shows how its price has changed over time.

  • Save
Source: Tradingview

Key levels to watch

Copy link to section

Chainlink has spent a lot of time fluctuating between $20 and $30. It may be difficult to break through these barriers but, if it does, that might prompt a significant move in price. Beyond that, $50 and, especially $100, are likely to be levels that offer a lot of resistance.

Support and resistance levels refer to prices where there is a lot of trading volume, either in the form of people wanting to sell or those who want to buy. This volume floods the market with either supply or demand and often prevents it from moving past that particular price.

In Chainlink’s case, $50 is certainly an important number to watch and it is likely to be a key resistance figure, where there are a lot of people waiting to sell. $20, on the other hand, is a significant point of support where there might be a lot of buyers wanting to get in and drive the price back up.

Copy link to section

Chainlink has been a relatively safe investment for many crypto traders and is a good place to start for anyone new. It plays an important role in providing data to all sorts of blockchain projects and that, along with its reliable price action make it a good option even during market downturns.

Data oracles are needed for crypto projects to retrieve external data so that they can present it to their users. If you believe that Chainlink is better than its competitors API3 and Band Protocol, then Chainlink is a great long-term investment in any portfolio. 

Whether investors believe Chainlink can knock its competitors out of the game or not, LINK is still considered a good investment option. It’s one of the older and most successful crypto projects and already has hundreds of partners on board.

Key takeaways

Copy link to section

Chainlink provides an important service and is considered a staple investment for any crypto portfolio. Many analysts believe that it can reach $100 by the end of the decade and this might even be a conservative estimate.

Recent Chainlink news

Copy link to section
Bitcoin (BTC) price has gone through a rough patch in the past two years. After peaking near $68,000 in 2022, Bitcoin has plunged by ~61% to the current ~$26,000. Other cryptocurrencies like Avalanche, Solana, and Algorand have performed worse. Still, a case for investing in Bitcoin in 2023 can stil
The Ethereum-based layer2 scaling solution by Coinbase, Base, has seen its total value locked soaring rapidly since its launch in August. After overtaking Cardano and Cronos, DeFiLlama stats show Base has surged to surpass Solana. Base’s total value locked has increased to around $370.29M, whe
Ethereum founder Vitalik Buterin continues to move Ether tokens, potentially for sale. Meanwhile, that has pressured the leading altcoin as bears thrive. Etherscan data shows Vitarik’s Vb 2 wallet has transferred 278 Ether to ox3F62 in three transactions. The address moved 200, then 68 and 10

Latest Chainlink price analysis

Copy link to section
What is Chainlinks price in 2023?
Can Chainlink reach $100?
Will Chainlink be worth more than $100?
What will Chainlink be worth in 2025?
Is now a good time to buy LINK?

Sources & references
Risk disclaimer
James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the... read more.