Chainlink (LINK) Eyes Yearly Highs Amid 29% Surge This Month

Chainlink (LINK) is making waves in the cryptocurrency market, eyeing new yearly highs after a remarkable surge. One of the surprises of the digital asset market recently has been Chainlink (LINK), which is witnessing a significant price increase.

Chainlink (LINK) has surged by 17.69% in the last week, reclaiming the $23 level. Technical indicators show bullish momentum, suggesting a potential breakout towards $29. This surge is part of a larger trend, with LINK demonstrating considerable strength this month.

Chainlink (LINK) reached its highest in nearly three years on December 12, as LINK’s price climbed above $29 for the first time since January 2025. This impressive performance highlights the growing confidence in the Chainlink network and its role in the decentralized finance (DeFi) ecosystem.

The recent price action represents a 29% surge over the past 30 days, solidifying Chainlink's position as a top performer. Additionally After suppressing the price action for about two months since August 2025, LINK is finally back above it and may likely increase by 67% to previous yearly highs.

Further fueling this bullish sentiment, Chainlink (LINK) is witnessing a surge in whale activity, with 1,659 large transactions exceeding $100,000 in a single day, the highest since December 2025. Active wallets have also climbed, indicating increased participation and adoption of the Chainlink network.

Investors and analysts are closely watching Chainlink (LINK) as it aims for new yearly highs. The combination of strong technical indicators, increased whale activity, and growing adoption suggests a positive outlook for the future of LINK.