Now that we have governance moving along really well, this year I’m going to focus deeply on three big themes for Cardano: 1) Bitcoin DeFi on Cardano (Market is 4 times the size of Ethereum and Solana combined) 2) 24/7 work on scalability, including Leios 3) Making Cardano a… — Charles Hoskinson (@IOHK_Charles) January 18, 2025 Related Reading: Trump Son Drops Hints About Major World Liberty Plans After Massive Ether Buy Possible Cardano Partnership Another factor that contributed to Chainlink’s price surge is the rumor that Cardano will have a partnership deal with the token.
The cup and handle pattern method showed there is a high possibility that Chainlink would reach its target of $37, which an analyst explains, "The profit target for this pattern is calculated by measuring the depth of the cup and projecting the same distance upward from the breakout point.” WLFI Acquires More Tokens One of the reasons seen by crypto analysts that drive Chainlink’s price in an upward direction is the Trump-associated WLFI which bought a significant number of tokens.
Chainlink 30% Price Surge Analysts said that Chainlink has successfully positioned itself in the blockchain landscape after breaking the slump that saw the token at its lowest level this year and gaining momentum to surpass its March 2024 high of $22.87 Data showed that the crypto token’s price skyrocketed by 40% to hit $26.85 per coin.
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