Chainlink on June 30, 2025: Will Mastercard Partnership Drive Prices to New Highs?

Chainlink on June 30, 2025: Mastercard partnership and DeFi growth bolster bullish outlook.

On June 30, 2025, Chainlink (LINK) is trading at approximately $13.4546, up 0.35% from the previous day. Technical analysis from platforms like TradingView shows LINK testing key resistance at $13.35–$14.65, with strong support at $12.85. The RSI, around 46, indicates a balanced market with limited bullish momentum. However, a recent unlock of 17.875 million tokens worth $149 million has introduced potential selling pressure. Chainlink’s role as a decentralized oracle network, delivering real-world data to blockchain smart contracts, continues to drive its prominence. The June 24, 2025, announcement of a partnership with Mastercard, enabling over 3 billion cardholders to buy crypto directly on-chain, has boosted market sentiment. This partnership, combined with the Cross-Chain Interoperability Protocol (CCIP) facilitating secure data and value transfer across blockchains, strengthens Chainlink’s position in DeFi and traditional finance (TradFi). The growth of the DeFi ecosystem, with increased use of Chainlink’s oracles in applications like insurance, gaming, and IoT, has heightened demand for LINK. Developer activity is robust, with 449 GitHub commits in the past 30 days, making Chainlink the most active DeFi project. However, a 37% price decline in 2025 and selling pressure from whales, particularly after token unlocks, pose challenges. LINK’s correlation with Bitcoin (around 0.45) suggests that a Bitcoin uptrend could support LINK’s growth. In the short term, traders should monitor support at $12.85 and resistance at $13.35–$14.65. A breakout above resistance could signal a rally toward $17–$18, while a drop below support may push prices to $11.50. For long-term investors, factors like institutional partnerships, DeFi growth, and potential Chainlink ETFs create a positive outlook. Regulatory risks and selling pressure from token unlocks, however, require careful risk management. Overall, Chainlink’s strong technology and strategic partnerships position it well for growth, but traders should exercise caution and await confirmation of a breakout at key levels.