Reasons Why $LINK Market Cap Could Reach $100B

According to Invest Reality, Chainlink has the potential to reach $50 billion and even $100 billion because of the following reasons:

- Chainlink’s multifaceted role in the crypto space positions it perfectly for a monumental rise in the coming months. The DeFi project has feet dipped in Oracle services, real-world assets (RWA), and Decentralized Physical Infrastructure Networks (DePIN).

- The LINK price chart has formed a strong support level between $5 and $11.50, an accumulation zone for almost three years. The worst of 2024 market crashes have seen

Chainlink price find support around $11, meaning a price boom for Chainlink would mark this as the bottom for this cycle.

- Chainlink is expanding its ecosystem, further cementing its role in the greater DeFi landscape using its Cross-Chain Interoperability Protocol (CCIP) and Transporter to bridge tokens seamlessly across the blockchain. According to Chainlink Founder Sergey Nazarov, the protocol brought DeFi from sub $100 million to over $200 billion market cap. In that duration, LINK price soared from less than $1 to over $50

Chainlink price has always increased, along with the DeFi industry. Hence, as the alt season begins, LINK will be one of the largest gainers in the crypto space.

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