Chainlink (LINK) Bulls Win Big With 28% Volume Explosion

• Chainlink (LINK) jumped 6%, now trading over $13.50, with bullish sentiment pushing the price higher.
• The Chainlink Long/Short ratio at 1.38 signals strong buyer dominance, with trading volume up 28% to $878.52 million.
• Speculation around LINK’s Proof of Reserves integration into a U.S. crypto reserve could drive LINK’s long-term value.

Chainlink (LINK) is shaking off a sluggish February. The altcoin has climbed 6% on Tuesday, trading above $13.50. Investors are regaining confidence. Buying pressure is mounting.

Market sentiment is shifting. The LINK Long/Short ratio has surged to 1.38, signaling bullish dominance. A reading above 1 shows more long buyers than short sellers. In simple terms, more traders expect LINK to rise than fall.

This bullish charge follows a recent dip. Over the weekend, LINK pulled back slightly. But buyers saw an opportunity and seized it. Trading volume spiked 28% in the last 24 hours, reaching $878.52 million. More money is flowing in.

Chainlink’s Possible Role in a National Crypto Reserve

Earlier, LINK surged when former President Donald Trump announced plans for the U.S. to build a national crypto reserve. While he did not name specific assets, he mentioned “other valuable cryptocurrencies” would be included. Traders speculated that Chainlink, with its Proof of Reserves technology, could play a role.

Crypto trader Nicu fueled speculation. He claimed insiders believe Chainlink’s system is being integrated into the reserve. If true, this would be a major milestone. Chainlink leads in blockchain verification. Adoption by a national reserve could boost its credibility—and its price.

March to May is historically strong for altcoins. Analysts expect a rally, and Chainlink may ride the wave. XRP, LINK, and others could gain momentum as traders rotate capital into alternative assets.

CoinCodex predicts LINK will climb to $14.10 by the end of March. The site also forecasts that a $1,000 investment in LINK today could yield a 42.49% return by May 10, 2025, translating to a $424.95 profit.

LINK is picking up speed. Buyers are in control. Market optimism is growing. If speculation about a U.S. crypto reserve proves accurate, LINK’s role could be game-changing. The market is watching.