Chainlink’s LINK Surges 18%, Cited as "Very Undervalued" by Analysts

Chainlink’s native token LINK jumped approximately 18% in 24 hours, gaining the top spot among the 50 largest cryptocurrencies in terms of daily performance, with a peak at $26.05

Analysts are optimistic yet cautious: some foresee continued momentum toward $30, noting LINK’s strong technical setup; others highlight its critical role in DeFi infrastructure and deem it “very undervalued”, making it a more compelling investment than pure speculative assets

These bullish signals are backed by recent fundamentals: the launch of the on-chain Chainlink Reserve, which converts revenue into LINK and locks it for years, and a data integration with Intercontinental Exchange (ICE)—both boosting institutional confidence
CoinDesk

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