- LINK holds $24 strongly, showing resilience in market dip and pushing toward $30 resistance.
- Chainlink secures ISO 27001 and SOC 2 certifications, boosting trust for enterprise and institutional adoption.
- LINK Reserve grows to 150,770 tokens, reinforcing sustainability and long-term ecosystem stability.
Chainlink (LINK) has shown strong resilience in recent trading sessions, holding its ground during the latest market dip. The token defended its support levels while maintaining upward momentum inside a multi-year symmetrical triangle. LINK is currently trading at $24 and approaching long-term resistance levels that have capped growth since 2021. Analysts note that pressure against this resistance is building as buyers continue to position early. LINK held very strong during this market dip. Looks like it really wants to break the resistance with the first opportunity it gets.
LINK Approaches Long-Term Resistance
According to analysis prepared by Galaxy, LINK has managed to sustain stability while broader markets experienced volatility. The asset reached $26 during Wednesday’s session, recording an 8.3% recovery from earlier losses.
This rebound outperformed both Bitcoin and Ethereum, which posted smaller gains in the same period. TradingView data shows that LINK trades within a symmetrical triangle pattern. The price peaked near $54.88 in 2021 before consolidating.
Support has been recorded at $3.96, while intermediate zones of $15.07 and $19.34 remain important. Current movement has pushed LINK toward $30 resistance, with $27 serving as a critical test. According to CryptoNL, rejection at $27 could trigger a correction toward $21.
Adoption and Ecosystem Growth
Chainlink has expanded beyond price action with strong ecosystem developments. According to project updates, it became the first oracle platform certified with ISO 27001 and SOC 2 standards. These certifications confirm that Chainlink’s services meet international security requirements, which can support adoption among enterprises and institutions.
In addition, Chainlink reported growth in its Reserve. A recent addition of 41,105 LINK increased holdings to 150,770 LINK. The Reserve serves to support long-term sustainability and provide additional backing for protocol operations. Institutional participation continues, with the Reserve accumulating 109,664 LINK over two weeks, valued at about $2.8 million.
The combined effect of technical structure and ecosystem progress places LINK in a strong position. Analysts remain focused on the descending resistance line, as a breakout above $30 could mark a major structural change.
