Chainlink’s LINK rallies 12% to new 2025 high amid token buyback, broader crypto rally

Chainlink’s recent jump follows a general rally in cryptocurrencies, with Bitcoin increasing 3.5%. Key security certifications gained by Chainlink this week further enhance its services’ credibility, which can help with adoption in traditional finance.

Technical analysis shows solid support at 24.15 USD, highlighted by significant trading volume. The Chainlink Reserve also acquired 41,000 tokens in a buyback, boosting the overall total to approximately 150,778 tokens, valued at around 4.1 million USD.

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