The cryptocurrency market is experiencing renewed optimism due to the incoming U.S. administration's pro-crypto stance. Chainlink (LINK) has emerged as a standout performer, with its price increasing by 8% in the past 24 hours and 22% over the past week. Concerns remain about the sustainability of this momentum, but AI models suggest a bullish outlook for LINK, projecting a price between $30 and $35 by the end of Q1 2025. Factors driving this positive outlook include increased whale activity, advancing partnerships and adoption, ecosystem upgrades, and a favorable regulatory environment. Derivatives market data and funding rates also support the bullish trend for LINK. Overall, the convergence of institutional interest, expanding use cases, and positive market sentiment bodes well for Chainlink's performance.



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