In view of a possible awakening of the altcoins, today we will analyze the price trend of the crypto LINK (Chainlink) and ADA (Cardano)
Analysis of the Chainlink (LINK) Price
LINK is the token of Chainlink on the Ethereum blockchain.
In the past, it even managed to enter the top 10 of the crypto with the highest market capitalization, although it remained there for only a few months.
Now, however, it has only dropped to the fourteenth position, with more than 8 billion dollars in market capitalization
It must be said that the current price of LINK is still even 75% lower compared to the all-time high of May 2021, when it exceeded $50
The fact is that the subsequent bear-market was truly remarkable for the Chainlink token, which fell below $7 and remained there until October 2023
However, even the subsequent trend of the LINK price does not suggest anything particularly good
In fact, in the first months of 2024, it bounced back above $20, only to then fall back below $10. That was in every respect a mini-bubble, inflated between the end of 2013 and the beginning of 2024, and then burst starting from April of last year
Even in November, thanks to the Trump trade, another mini-bubble inflated on the price of LINK, although this time it managed to almost reach $30. It is worth noting that the almost $30 from last December were not that far from the all-time highs of 2021
And yet, even this last mini-bubble then burst during 2025, with the price in April falling back below $12
In fact, the lows are increasing ($7, $10, and $12), but this is not enough to hypothesize that it might eventually have the strength to surpass the historical highs of 2021. It is still a token with a purely speculative price, given that over the years the trend is indeed increasing, but really by very little
Cardano (ADA): the price performance of the crypto compared to LINK
ADA is the native cryptocurrency of the Cardano crypto ecosystem.
However, the discussion is a bit different compared to that of LINK
In fact, ADA is still among the top 10 cryptos by market capitalization, even if sooner or later it might end up being ousted by Hyperliquid (HYPE).
Currently, the price of Cardano’s crypto is even 81% lower than the all-time highs of September 2021, but this is likely due in particular to the excess swelling of that bubble
In fact, at the end of 2020, the price of ADA was about $0.10, while less than a year later it had recorded an incredible peak at $3.1. That enormous speculative bubble then obviously burst, but it did not bring the price back to $0.10.
The minimum of 2022 was still higher than $0.25, and during 2023 the minimum was $0.24
However, the bear-market of Cardano continued for almost all of 2024, so much so that only the Trump trade managed to lift its price
The maximum peak of last December touched 1.2$, which may seem little compared to the 3.1$ of 2021, but are a lot compared to the 0.24$ of the previous bottom
It is necessary, however, to also highlight that during the course of 2025, the mini-bubble at the end of 2024 deflated, and the price in April had fallen below $0.60. The fact that the current price is still essentially there tells us that the trend of ADA is not going through a good moment
In this case as well, it is a cryptocurrency whose price is clearly influenced primarily by speculative dynamics, but with the possibility of rising significantly in the event of a speculative bubble
The altcoin season: will the long-awaited altseason really arrive?
Note that during the so-called Trump trade in November, a mini-bubble clearly inflated, bringing the crypto market into a mini-altseason
It was not a true altseason, both because it lasted too short (about two weeks), and because once the mini-bubble burst, many prices returned to where they started, although from this latter point of view, for example, ADA performed better than many other altcoins.
Then, however, starting from 2025, the crypto markets have instead entered into a long Bitcoin season, still ongoing, in which the price trend of BTC outperforms the average of the altcoins.
In such a situation, another speculative bubble on altcoin prices cannot be triggered, so for now, an altseason is not on the horizon
However, these are absolutely normal dynamics for the crypto markets, so much so that it is necessary for the price of Bitcoin to kick off a new bullrun in order to generate FOMO, and then for this to spill over onto the altcoins, as also happened in November although for too little time
