TLDR:
- LINK trading volume surged 90% as analysts forecast a breakout toward $38.
- Nazarov said stablecoin rules will boost demand for proof-of-reserves systems.
- Chainlink offers compliance, cross-chain, and reserve tools in one framework.
- Traders expect bullish continuation despite LINK’s recent short-term dip.
Chainlink is gaining momentum as stablecoin regulation in the U.S. moves closer. Its co-founder has outlined key infrastructure needs for the coming wave of tokenized assets.
Sergey Nazarov described Chainlink as the only platform offering proof of reserves, cross-chain connectivity, and compliance tools in one system. His comments come as LINK shows rising trading volume, signaling renewed market interest despite short-term price dips.
Analysts are now eyeing a potential breakout, with bullish targets set between $32 and $38. This development positions Chainlink at the center of the next phase in blockchain utility and stablecoin adoption.
Chainlink Positioned for Global Stablecoin Wave
Sergey Nazarov stated that incoming stablecoin regulations in the U.S. will drive the creation of new stablecoins both locally and globally.
He emphasized that each of these new tokens will need three core features: proof of reserves, cross-chain compatibility, and compliance tools. Nazarov noted that Chainlink is currently the only network offering all these features under a single framework.
Stablecoin regulation in the US will kick off a wave of new stablecoins in the US and all over the world. They will all need proof of reserves and cross-chain connectivity to be used as a source of payment for the growing digital asset economy and tokenized funds.
Chainlink is…
— Sergey Nazarov (@SergeyNazarov) June 17, 2025
Moreover, he explained that as blockchain use grows, especially in tokenized assets and stablecoin payments, projects will need systems that support on-chain identity and compliance with minimal friction. Chainlink’s infrastructure, he said, is being developed precisely to meet these rising demands.
According to CoinGecko, Chainlink (LINK) is currently trading at $13.50, marking a 1.33% drop over the past 24 hours.
Over the last seven days, the token has declined by 6.79%, but trading volume surged nearly 90% compared to the previous day. This spike in volume signals rising interest from traders despite the recent price pullback.
In the past week, LINK traded between $12.89 and $15.62. The recent narrowing of its daily trading range between $13.40 and $14.14 suggests consolidation, a pattern often seen before strong market moves.
Traders Signal Bullish Sentiment on LINK
Market analysts have pointed to potential bullish momentum for LINK.
Trader CryptoED shared a forecast expecting the token to climb toward the $32–$38 range in the next price leg. He cited the chart’s structure as “incredibly bullish” and suggested a breakout may be near.
Although short-term declines remain, the broader trend reflects growing confidence in Chainlink’s market potential.
Keep an Eye on $LINK | Chainlink.
I believe there will be something big Coming soon.
chart looks incredibly Bullish eyeing that $32-$38 on the next Leg.
Bullish on $LINK. pic.twitter.com/YIUPEw9mEP
— CryptoED (@Crypto_ED7) June 16, 2025
Nazarov highlighted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Chainlink’s Compliance and Risk Engine (CRE) as critical tools. These systems allow developers to manage proof of reserves, cross-chain transactions, and compliance in a single codebase.
This integrated approach, he argued, gives Chainlink a unique edge as blockchain infrastructure scales. As global demand for secure, connected, and compliant digital assets increases, Chainlink aims to serve as the unified standard.