Chainlink price prediction as ETF launch and Solana–Base bridge test market momentum

Recent moves in the Chainlink price, driven by ETF news and on-chain developments, have sparked renewed debate over whether LINK can sustain its latest rebound.

Chainlink market recap and latest price action

Over the past few days, Chainlink has seen sharp swings. The LINK price jumped to $14.84 on the back of stronger network activity, growing institutional interest, and attention around Grayscale‘s new Chainlink ETF, ticker GLNK. However, the rally quickly faded and the token slipped back to $11.79.

By December 5, LINK had started to recover again, trading near $14.1 and posting almost a 5% weekly gain. That said, this volatility highlights how sensitive the asset remains to flows, news, and broader sentiment in the crypto market.

Key catalysts: ETF listing and cross-chain expansion

The initial drop toward about $11.79 was short-lived, as buyers stepped in and pushed LINK back toward the $14 area. Moreover, the rebound coincided with Grayscale launching its Chainlink ETF on NYSE Arca, providing one of the few institution-focused investment vehicles directly tied to LINK.

In parallel, Coinbase and Chainlink have officially rolled out a new bridge connecting Solana with Base, Ethereum’s Layer-2 network developed by Coinbase. This Solana–Base link is an important step for cross-chain data and liquidity, reinforcing Chainlink’s role in tokenization and interoperable infrastructure.

All of these developments strengthen the broader narrative around Chainlink. However, whether this translates into sustained market momentum will depend on continued ETF inflows, on-chain activity, and risk appetite across digital assets.

Technical levels for a bullish continuation

From a technical perspective, the main resistance to watch is around $14.6. A clean break and daily close above that level, supported by strong trading volume, could open the door for a move toward $18.3. Moreover, if buyers maintain control, an extension up to roughly $19.3 becomes plausible.

In such a scenario, the price of LINK could place it among the top large-cap movers, especially if GLNK attracts meaningful assets under management. That said, traders will likely monitor whether short-term holders take profits into strength, which could cap upside in the near term.

Downside risks and key support zones

Despite the positive headlines, downside risk remains. Crypto markets can reverse quickly, particularly after news-driven rallies. The most important support area to watch sits near $11.6, a zone that has acted as a strong floor during previous cooldowns.

If LINK loses the $11.6 level on convincing volume, the current rally may lose steam. In that case, price could slide toward the $9 region, which served as a supportive area in earlier corrections. However, a bounce from that zone would likely attract fresh accumulation from long-term believers in Chainlink’s technology.

Chainlink price prediction scenarios into 2025

Taking both bullish and bearish paths into account, many analysts see the Chainlink price staying within a moderate trading band over the coming year. Most public Chainlink price prediction estimates for December 2025 cluster between $13 and $20, guided by adoption trends, market liquidity, and the continuing impact of the ETF launch.

Views on the exact trajectory differ. However, there is broad agreement that Chainlink’s underlying fundamentals remain solid. Expanding tokenization markets, growing oracle demand, and accelerating cross-chain development — including the Solana–Base bridge — all contribute to sustained investor interest in LINK.

In summary, Chainlink’s outlook appears constructive but range-bound in the near term, with $14.6 and $11.6 emerging as the key technical levels that could define its next decisive move.