The cryptocurrency market failed to acquire any position in the market that stagnated this month. However, things can be changed for one asset that is firmly placed within the top 15 cryptocurrencies by market capitalization. In fact, ChainLink could get an astonishing boost from the U.S. Securities and Exchange Commission (SEC) as link eyes 26% above the link eyes in April.
The token is one of the most interesting as it shows great potential from the beginning of the year. Additionally, it will gain a notable boost from regulatory measures that government agencies have accepted much of 2025 so far. The question is, what does that jump look like?
ChainLink can get boost from unlikely sources as the link’s eyes turn around
So far, it’s been a pretty calm month for ChainLink. In fact, according to CoinmarketCap, the asset has been neutralised the week, falling by more than 13% over the past 30 days. Additionally, assets are trading at the $12.50 level, which is down 7% compared to this period last year.
It could be set to change, for quite some surprising reasons. In fact, the link faces 26% upside for the remaining week of April, so ChainLink may be set up to boost from the SEC. In fact, the institution’s favorable regulations could push up the 12th largest code before May arrives.
According to a post on X (formerly Twitter), Chain Link officials met the SEC’s Cryptographic Task Force twice last month. Specifically, they met to discuss the state’s regulatory outlook. Moreover, its involvement could be well positioned to benefit as its regulatory measures begin to come into effect in the coming months.
Development is fueled by what Chainlink is a bullish 2025 perspective. According to the CryptoPricePrictince Platform Cincodex, the link is expected to reach $15.97 before the end of April. In fact, it’s 27% above where it currently exists, and will be a strong reversal with the recent $12.50 support.
