Chainlink’s native LINK token has seen significant growth over the past month, surging 30% while the overall crypto market has remained relatively flat. Several key factors suggest LINK could continue to outperform in the coming 12 months.
Chainlink has established itself as a leading oracle network, providing critical on-chain and off-chain connectivity to blockchains. The project has continued to roll out technological improvements, integrations, and partnerships, strengthening its value proposition.
Keypoints
- Chainlink has positioned itself as a key infrastructure provider for connecting blockchains to external data through its oracle network. It stands to benefit as real-world asset (RWA) tokenization gains traction in crypto.
- LINK could see an isolated price bubble if the RWA tokenization narrative takes off before there is major real world impact. Chainlink is well positioned to benefit from the narrative due to its partnerships…
