Chainlink is seeing a sharp adoption uptick: daily new wallets neared 3,000 on August 18, 2025, as LINK climbed to $25.79. This surge in on‑chain addresses coincides with a test of multi‑year resistance at $25–26 and raises breakout potential toward $40–50 if volume confirms the move.
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2,995 new daily wallets recorded on August 18, 2025
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LINK tests multi‑year resistance at $25–26 after rallying to $25.79
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Breakout above $28 could target $40–50; failure risks pullbacks to $15–17 or $8.20
Chainlink news: LINK hits $25.79 with near 3,000 new wallets — monitor resistance at $25–26 for breakout; read analysis and next steps.
What is driving Chainlink’s new wallet surge?
Chainlink’s network growth has accelerated as daily new wallet creation approached 2,995 on August 18, 2025. The rapid rise in fresh addresses coincided with LINK climbing to $25.79, indicating increased user activity and renewed on‑chain interest that often precedes price momentum.
How does new address growth relate to LINK price movement?
Daily address creation rose from 800–1,600 in April–May to ~2,000 by mid‑July, aligning with a price breakout above $15. The August peak near 3,000 addresses matched a rally to $25.79, suggesting a correlation between rising adoption metrics and upward price pressure.
Data points to watch: volume confirmation, sustained daily address counts above 2,000, and whether exchange outflows increase alongside on‑chain activity. Sources cited in reporting include public on‑chain tracking and technical analysis by independent analysts and chartists noted in industry commentary.
Frequently Asked Questions
How many new Chainlink wallets appeared during the recent surge?
Chainlink recorded 2,995 new daily wallets on August 18, 2025, marking the highest daily growth since March. This rise aligns with LINK trading at $25.79 during the same period.
What happens if LINK fails to clear the $25–26 resistance?
If LINK cannot clear $25–26, analysts expect a pullback toward $15–17. A deeper failure could lead to a retest of the $8.20 support established during the 2022–2023 consolidation phase.
From April through May, Chainlink’s daily address creation averaged 800–1,600 while LINK traded in a $10–$15 range. By mid‑July, that metric rose to roughly 2,000 per day, coinciding with a breakout above $15.
The August acceleration toward 3,000 new wallets occurred as LINK extended gains to $25.79. The parallel increase in on‑chain activity and price suggests heightened network engagement that can support sustained momentum if confirmed by trading volume.
What resistance and support levels matter for LINK?
Resistance: $25–26 is the immediate technical barrier, aligned with a long‑term descending trendline from the 2021 $53 peak. Confirmation above $28 would improve the probability of a run toward $40–50.
Support: $15–17 may act as the first meaningful pullback zone. The $8.20 level remains the long‑term structural base from the 2022–2023 consolidation that traders will monitor on deeper corrections.
Key Takeaways
- Adoption spike: Daily new wallets reached 2,995 on August 18, 2025, signaling renewed user interest.
- Technical test: LINK faces multi‑year resistance at $25–26; a clear break above $28 could target $40–50.
- Risk management: Watch volume, daily address trends, and $15–17 / $8.20 supports for downside scenarios.
Conclusion
Chainlink’s near‑3,000 daily new wallet count and LINK trading at $25.79 highlight a meaningful adoption and price correlation. Monitoring volume and confirmation around the $25–28 zone will determine whether the market pursues $40–50 or reverts to established supports. Follow ongoing on‑chain metrics and technical confirmations to assess the next moves.
