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Chainlink leading the trend of digital asset management – Is the $30 target feasible?
The leading lobbying organization in America – Digital Chamber – has officially announced that Chainlink Labs has become a member of the executive committee. This information quickly generated a positive effect in the community, sparking lively discussions surrounding the future of the Chainlink ecosystem.
The event is assessed as a strategic move, opening up opportunities for Chainlink to have a clearer voice in policy dialogues, especially regarding the legal framework for cryptocurrency in America.
Immediately after the announcement, analysts provided many optimistic assessments, suggesting that this move could influence the perspective and approach of the U.S. Securities and Exchange Commission (SEC) in the near future. A big question is also being raised: Is LINK on track to reach the $30 milestone?
Chainlink plays a larger role in cryptocurrency policy
Digital Chamber – one of the most influential lobbying organizations in the blockchain field – recently posted a notice on platform X (formerly known as Twitter), in which it referred to Chainlink as the “backbone of blockchain systems.”
It's worth noting that Chainlink currently supports transaction volumes in the trillions of dollars in key sectors such as decentralized finance (DeFi), banking, and encrypted assets.
Many large organizations, including Swift, Euroclear, the Central Bank of Brazil, along with prominent DeFi protocols such as Aave and Lido, are using Chainlink's technology to ensure the security of data as well as cross-chain interoperability.
Recently, Monad — a high-performance Layer-1 blockchain compatible with Ethereum — has officially joined the Chainlink SCALE program, marking a new milestone in its efforts to expand its ecosystem and enhance long-term applicability. With the integration of Chainlink's decentralized oracle services, including Data Feeds, Proof of Reserve, and CCIP, Monad will have additional tools to develop the next generation of DeFi applications. Improvements such as Parallel Execution and the MonadBFT consensus mechanism enable the platform to achieve superior processing speeds of over 10,000 transactions per second, while Chainlink serves as the core data infrastructure for on-chain financial activities.
Chainlink's official entry into the Executive Committee of the Digital Chamber not only strengthens the project's position but also opens up opportunities to shape standards and policies that have a widespread impact in the global blockchain industry.
This event quickly attracted significant attention from the community. A user X named Frank has voiced a request for the full list of committee members to be published, while many others expressed strong support, calling Chainlink the "cornerstone" of the blockchain technology industry. They appreciate the project's role in building a transparent system, without the need for intermediaries – something that is expected to help avoid financial crises like those that occurred in 2008.
Can Chainlink influence SEC regulations?
Chainlink's continuous expansion of its partner network with leading financial institutions is raising hopes that this project could help shape cryptocurrency policy in America.
Notably, the Digital Chamber – an organization renowned for its role as a bridge between lawmakers and regulatory bodies – has established a close cooperative relationship with Chainlink. This affiliation further strengthens the hypothesis regarding the strategic role of Chainlink in the process of building a legal framework for digital assets.
With a solid foundation in the traditional financial sector, Chainlink is emerging as a strong candidate capable of assisting the (SEC) in developing specific guidelines for the digital asset market.
According to reports, 2024 marks an important milestone as Chainlink partners with Swift and UBS Asset Management to facilitate the trading of tokenized funds, leveraging Swift's network of over 11,500 global financial institutions.
The presence of co-founder Sergey Nazarov at the cryptocurrency summit organized by the White House in March 2025 is also a clear sign of Chainlink's growing influence in high-level policy discussions.
Although there has not yet been any official confirmation of direct cooperation agreements with the SEC, Chainlink's role in the Executive Committee of the Digital Chamber has positioned the project strategically – as a potential bridge between regulators and the digital asset community.
Will the price of LINK rise back to $30?
Market data shows that LINK is currently trading around $14.3, recording a 4.25% increase in just the past 24 hours.
According to analysts, this increase may stem from the increasingly important role of Chainlink in the blockchain ecosystem, along with the new partnership with the Digital Chamber organization – factors that are expected to create strong momentum for the price.
Analyst Ali Martinez stated that LINK breaking through the key support level at $12.5 is a positive signal, opening up opportunities for a new bullish cycle.
Currently, the next important resistance level is identified at the mark of $14.58. If this threshold is exceeded, some analysts like CRYPTOWZRD believe that LINK has the potential to reach the range of $26, and even establish a new high around $30 in the near future.
Nevertheless, Ali also warned that the majority of wallets holding LINK are still in a state of loss, which could lead to profit-taking pressure and weaken the upward momentum.
However, with the market sentiment being neutral, LINK maintaining above the $13.20 range could be a signal to trigger a more sustainable upward trend.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their due diligence before making decisions. We are not responsible for your investment decisions.
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