Since Chainlink was launched to the public in the summer of 2017 by a fintech company (called SmartContract Chainlink Limited SEZC), prominent crypto influencers and armchair observers alike have been speculating on its future price. In this article, we answer the question, what is Chainlink? and discuss the near and long-term Chainlink price prediction for 2023, 2025, 2030, and 2040.
Table of contents
What is Chainlink?
Chainlink is a decentralized oracle network built on the Ethereum blockchain to forward data from off-chain resources and extend the capabilities of smart contracts. The Chainlink network is driven by a big community of smart-contract developers, researchers, enthusiasts, data providers, auditors, node operators, and other types of users.
LINK, Chainlink’s native coin that powers the ecosystem, is an ERC-20 token secured by the proof-of-stake consensus mechanism. The coin has seen considerable success on the top cryptocurrency charts and currently sits at no.19 on the CoinMarketCap ranking.
| Name | Chainlink |
| Ticker | LINK |
| Launch Year | 2017 |
| Founders | Sergey Nazarov and Steve Ellis |
| Market Cap | $4,064,299,672 |
| Current Supply (Max Supply) | 556,849,970 LINK (1,000,000,000.00 LINK) |
| ATH | $52.88 |
| Current Price | ~$7.5 |
Chainlink Future Price
Regardless of the current bear market, the general future outlook of LINK is bullish because of its ample room for growth. In early October 2023, the Chainlink (LINK) team introduced a brand new product update with some exciting developments ahead of the project, such as upgrades in the Chainlink Cross-Chain Interoperability Protocol (CCIP) and expansion of the Chainlink Automation across layer-2 networks to enable the development of innovative dApps across more ecosystems.
As a result, speculators, experts, and even mods on Chainlink price prediction Reddit are confident and expect an overall positive forecast for LINK’s performance in the crypto market.
Chainlink Price Prediction 2023
With innovative upgrades expected to come to Chainlink in the coming months, there is a reason for LINK investors to be bullish about the future. Consequently, there is a positive outlook from several speculators. Among them is Changelly, predicting that LINK will hit the $10 benchmark price by the end of 2023. CoinCodex is predicting similar price of about $9.39.
Chainlink Price Prediction 2025
Despite the current down trend, LINK predictions for 2025 remain positive. Several speculators and experts expect the coin to cross the $15 price mark at some point in the next two years. DigitalCoinPrice expects at least a $18.36 price value, while CryptoGround expects a more flattering $22.6 based on its forecasts and algorithmic analysis.
Chainlink Price Prediction 2030
Most speculators and experts are optimistic about the next few years for LINK. They expect the coin to transcend the volatility of the crypto markets and still retain a positive price by 2030. Also, since LINK is heavily-connected to Ethereum, its performance is expected to be similar to other big coins in the market, such as Bitcoin and Ethereum. As a result, DigitalCoinPrice contributors expect LINK to be worth around $73.58 by 2030.
Chainlink Price Prediction 2040
Predicting crypto prices twenty years into the future is a massive gamble because of concerns of high inaccuracies. However, as long as cryptocurrency markets are still running and Chainlink’s developers continue with their current pace of growth, the LINK price and market cap are expected to keep growing. As a result, we predict LINK will be worth more than $300 by 2040.
Will Chainlink Reach $100?
Yes, there are various predictions that suggest LINK will reach $100 again. Most speculators predict that LINK will hit the $100 benchmark within the next five or ten years.
Is LINK a Good Investment?
LINK has a close connection with web3 development, being an ERC-20 token that facilitates the secure connection of smart contracts on the Ethereum blockchain. As a result, LINK has ample room for growth and can be regarded as a good investment.
How to buy LINK at the best rate?
Need to buy LINK on an exchange? Look no further, Swapzone is one of the best exchanges to buy LINK in the market. We provide real-time swap offers and discounts. Here’s how to buy LINK coin or convert ETH to LINK:
- Visit the Swapzone website.
- Select the proper pair (ETH to LINK).
- Enter the amount of ETH you want to exchange for LINK, and the aggregator will find the best offers available for you.
- Click the ‘Exchange’ button to go to an exchange platform
- Input the address where you want to send the LINK coins.
- Send your money to the address you typed in.
- Go to ‘Proceed to Exchange’ and, if you want, leave a review of the website where you completed your exchange.
- Allow for the processing of the deposit and the completion of the LINK exchange.
- Your coins should be in your wallet once the process completes.
With Swapzone, you can easily find the best crypto swap rates for such trading pairs as BTC to USDT, BTC to ETH, ETH to BTC, BTC to XMR, and more!