Chainlink (LINK) has made a whopping 17 percent surge in the last 24 hours, targeting the $25 price point.
An analyst predicts a massive dominance by the altcoin market and expects a valuation of $1.25 trillion.
Chainlink (LINK) makes a sharp move from its bearish state to an upsurge of 17% in just 24 hours. Interestingly, the asset crosses the $18 price point as it targets $25 in a surprising rally. Its seven-day performance dominates the entire altcoin ecosystem with a 30% gain.
A quick look at the Santiment data shows that buying pressure has increased. Dormant wallets have also become active as the Age-Consumed metric for Chainlink surges with a measurement of 5.38 billion.
According to experts, the Age-Consumed metric is assessed by multiplying the asset by the number of dormancy days. This is reported to have been one of the main catalysts behind the ongoing rally. Weeks ago, it was reported that whales had doubled down their LINK accumulations, piling up 57 million of t
