Chainlink (LINK) Price: LINK Surges 10% and Eyes $15 Target as Volume and Open Interest Rise

TLDR

LINK surged 7.06% in 30 minutes, reaching $13.308, with a 24-hour gain of 10.83% 24-hour trading volume climbed 25% to over $503 million Open interest rose 8.26% to $696.89 million, showing stronger derivatives participation Analysts eye $14.50–$15 as the next target zone, with $20 as a longer-term goal Wyoming’s FRNT stablecoin adopted Chainlink Proof of Reserve, adding real-world utility

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Chainlink’s LINK token has posted strong gains over the past 24 hours, climbing more than 10% as trading activity picks up and analysts watch key resistance levels closely.

Chainlink (LINK) Price

At the time of writing, LINK is trading at $13.308 after surging 7.06% in just 30 minutes. The token hit a 24-hour low of $12.111 before pushing to its current high.

Trading volume over the past 24 hours reached approximately $503.90 million, up 25% from the previous day. Open interest in LINK derivatives rose 8.26% to $696.89 million, pointing to increased exposure among futures traders.

The LINK price broke out of a prolonged consolidation range between $7.20 and $8.50. It is now trading above the 20-day moving average of $11.39, with the Bollinger Bands widening to reflect growing price momentum.

The MACD indicator shows a brief pause, with the histogram slightly negative at -0.01822. However, both MACD lines remain well above zero, keeping the broader trend pointed upward.

Analyst Sets $14.50–$15 Target

Crypto analyst Michaël van de Poppe (@CryptoMichNL) said he does not expect LINK to stall. He posted that he sees a strong continuation toward $14.50–$15 as a near-term target. He also said he would look to buy dips, with entry zones at $11 and $10.

I don't think that $LINK will stall much.

I honestly think that we'll start to see a strong continuation here towards the next area at $14.50-15.00 as a potential target zone.

Overall, if there's a dip (and the lower the better), I'd be bidding this one.

First potential zone… pic.twitter.com/DdH5gwkDis

— Michaël van de Poppe (@CryptoMichNL) September 6, 2026

Another analyst, Investor Jordan, pointed to $12 as a key level to clear. If buying pressure holds, the next targets would be $15 and eventually $20.

Key resistance sits at $12.59 on the chart. A clean break above that level, backed by volume, could accelerate the move toward $15.

Wyoming’s FRNT Stablecoin Adopts Chainlink

On the ecosystem side, Wyoming’s FRNT stablecoin has integrated Chainlink Proof of Reserve. This allows on-chain verification of the reserves backing the stablecoin.

NEW: @wyostable adopts Chainlink Proof of Reserve to set a new United States standard for digital asset transparency 🇺🇸

Via Chainlink, FRNT exceeds GENIUS Act requirements & becomes the first stablecoin issued by a U.S. public entity to publish verified reserve data onchain. pic.twitter.com/sk7gjRGzer

— Chainlink (@chainlink) September 2, 2026

FRNT is set to become the first stablecoin issued by a publicly owned American entity to publish its reserve data on-chain. The integration is said to go beyond the requirements set by the GENIUS Act.

Support is currently seen near $12. Traders are watching whether LINK can hold above that level as it tests the current resistance zone around $13.30.

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