Be One

Chainlink

Rekt

Rise

<p>According to<a href="https://www.youtube.com/watch?v=lz67_PeVTqA" target="_blank" rel="noopener noreferrer nofollow"> Altcoin Daily</a>, the Chainlink network and its LINK token could be poised for massive gains in the coming years. Some predict LINK prices could multiply 100x, fueled partially by potential adoption from Wall Street giant BlackRock.</p>
<h2 class="wp-block-heading" id="the-google-of-web3">The “Google of Web3”</h2>
<p>Chainlink serves as middleware between blockchains and external data sources. It provides critical connectivity between smart contracts and APIs, IoT, and more. As both DeFi and traditional finance embrace blockchains, Chainlink is uniquely positioned as the leading blockchain oracle network.</p>
<p>This vital role has led investors like Kyle Chassé to compare Chainlink to <em>“the Google of Web3.”</em> With no real competitors, Chainlink could capture tremendous value as adoption expands.</p>
<figure class="wp-block-embed is-type-rich is-provider-embed-handler wp-block-embed-embed-handler wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe loading="lazy" title="BlackRock can PUMP Chainlink crypto price 100x (Here is why)" width="840" height="473" src="https://www.youtube.com/embed/lz67_PeVTqA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
 </div>
</figure>
<h2 class="wp-block-heading" id="bridging-defi-and-traditional-finance">Bridging DeFi and Traditional Finance</h2>
<p>Chainlink also recently launched the Cross-Chain Interoperability Protocol (CCIP). CCIP enables seamless transfers of both value and data across different blockchains, sidechains, and layer-2 networks. Founder Sergey Nazarov believes this could be a game-changer, allowing decentralized systems to interoperate with traditional banking infrastructure.</p>
<p>This type of bridge between DeFi and mainstream finance is exactly what could make Chainlink appeal to major institutions like BlackRock. While only involved in Bitcoin currently, experts speculate BlackRock may want to integrate Chainlink services in the future as they expand crypto involvement.</p>
<h2 class="wp-block-heading" id="link-looks-increasingly-bullish-as-price-rallies">LINK Looks Increasingly Bullish as Price Rallies</h2>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="726" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-1024x726.png" alt="" class="wp-image-373401" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-1024x726.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-300x213.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-767x544.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-1536x1089.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-2048x1452.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-140x100.png 140w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-212x150.png 212w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-494x350.png 494w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187-788x558.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-187.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>According to analyst Rekt Capital, LINK recently broke its key monthly macro downtrend, signaling a bullish shift in market structure. With this technical breakout achieved and upside momentum building, LINK looks poised to continue its rally, potentially reaching $30 in the near-term from current prices around $14.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/ripple-xrp-poised-for-more-upside-analyst-says-this-level-is-the-time-to-be-a-buyer/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP) Poised for More Upside, Analyst Says This Level Is the Time To Be a Buyer</a></li>
 <li><a href="https://captainaltcoin.com/this-token-could-be-one-of-the-biggest-gainers-in-2024-learn-why-everyones-investing-in-meme-kombat-mk/" target="_blank" rel="noopener noreferrer nofollow">This Token Could Be One Of The Biggest Gainers in 2024 – Learn Why Everyone’s Investing in Meme Kombat (MK)</a></li>
 <li><a href="https://captainaltcoin.com/which-cryptos-are-likely-to-rise-due-to-upbit-conference/" target="_blank" rel="noopener noreferrer nofollow">Which Cryptos Are ‘Likely’ To Rise Due to Upbit Conference?</a></li>
</ul>
<p>Given Chainlink’s pole position as the leading decentralized oracle network, crucial role in expanding DeFi, bullish technicals, and bridging capabilities between blockchains and traditional finance, its long-term upside potential is substantial. A 100x price surge could materialize this decade if adoption reaches its full potential.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/why-blackrock-can-pump-chainlinks-link-price-by-100x/" rel="noopener noreferrer nofollow">Why BlackRock Can Pump Chainlink’s (LINK) Price by 100x</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why BlackRock Can Pump Chainlink’s (LINK) Price by 100x

Table of Contents

CaptainAltcoin

Other articles published on Nov 9, 2023

Ark Invest and 21 Shares Launch Digital Asset ETFs!

Blockchain, DeFi, Web3, AI. Networking and Electronic Music Festival Combined: The DEXT FORCE Fes...

90% Chance of Bitcoin ETF Approval by January 10, Analyst Predicts

Cardano Price Witnesses Significant Surge Post Brief Correction

Is the UK ready to embrace the new dawn of crypto regulations?

Celsius to exit bankruptcy and restart as creditor-run Bitcoin miner

Join our free newsletter for daily crypto updates!