Chainlink Surges 22% in a Week to $10.65 as ETF Inflows Hit $4.46 Million

Chainlink (LINK) is trading near $10.65, up roughly 9% over the past 24 hours and 22% over the past week from $8.77, after breaking above a multi-month descending trendline and reclaiming the $11-$12 resistance zone. The move coincided with a four-day net inflow streak into spot Chainlink ETFs, with weekly inflows reaching $4.46 million. Bitcoin trading above $77,000 has supported the broader rally, though LINK’s gains have outpaced most large-cap tokens this week.

LINK Breaks Multi-Month Resistance

Chainlink’s jump past the $11-$12 zone marks its first sustained move above that range in several months, following a period of consolidation near $8. The token’s 52-week range spans from $7.003 to $27.836, according to Investing.com data, underscoring how far LINK remains from its yearly high even after this week’s advance. Analysts tracking the breakout note that a sustained close above $12 could open the door toward $14 and $16, while a failure to hold the current breakout zone would likely bring $10 back into focus as support.

ETF Inflows Show Institutional Interest

Spot Chainlink ETF products have recorded four consecutive days of net inflows, the first such streak since April, according to data shared by market tracker BSCN on X. Cumulative weekly inflows now stand at $4.46 million, with ETF holdings representing approximately 1.78% of LINK’s circulating supply. Institutional buying at this scale doesn’t guarantee continued price appreciation on its own, but it does add a steady source of spot demand alongside exchange and derivatives trading activity.

• LINK trades near $10.65, up 22% from $8.77 a week ago
• Spot ETFs recorded a four-day inflow streak worth $4.46 million
• ETF holdings now represent roughly 1.78% of LINK’s circulating supply

Fundamentals Support the Technical Move

Beyond the chart pattern, Chainlink’s ecosystem has seen continued institutional integration this month. Standard Chartered initiated coverage on the token in August, projecting LINK could reach $200 by 2030 based on Chainlink’s role in a tokenization market the bank expects to grow to $4 trillion, with an initial staged target of $13 by the end of 2026. Wyoming’s Stable Token Commission also completed a migration of its state-issued stablecoin to Chainlink’s Cross-Chain Interoperability Protocol this month, adding to a list of institutional users that includes Swift, DTCC, and UBS.

Conclusion

Chainlink’s breakout above $11 combines a clear technical signal with tangible institutional demand, from ETF inflows to new infrastructure partnerships. The next real test is whether LINK can hold above $12 on sustained volume; a confirmed close above that level would support a move toward $14 and $16, while a rejection would likely pull the token back toward $10.