A price boom for Chainlink would mark the current price of $11.22 as the bottom for this cycle.

Chainlink price continues to bounce between $10.25 and $12.38 as investors make this the new accumulation zone. The crypto asset has a huge potential to turn the industry around, and market analysts believe it could surge to a $100 billion market cap. One particular analyst has predicted the LINK market cap could surge to $100 billion by Q2 2025. Let's explore where the price could soar if this happens.

Investor Reality, a market analyst on X, shared his reasons for thinking Chainlink will hit a $50 to $100 billion market cap by Q2 2025. This prediction comes as LINK struggles to break above the $12.50 mark amid an erratic crypto market.

If this were to happen, then LINK price could see substantial gains. Currently has 626.8 million tokens in circulation. At a $50 billion market cap, the price would skyrocket to $79.77. If the market cap increases to $100 billion, LINK price would also surge to $159.54.

These figures were determined by dividing the expected market cap by the current circulating supply. However, assuming the total supply of 1 billion LINK was in circulation, Chainlink price targets in a $50 billion and $100 billion market cap scenario would shrink to $50 and $100, respectively.

The LINK price hovered around $11.22, representing a 3.6% drop in the last 24 hours.

According to Invest Reality, Chainlink has the potential to reach $50 billion and even $100 billion because of the following reasons:

Chainlink price has always increased, along with the DeFi industry. Hence, as the alt season begins, LINK will be one of the largest gainers in the crypto space.