Chainlink Crypto Rallies Close to 20% After Partnership with Mastercard: Is LINK Set to Soar?
Chainlink's price surged by 10% following news of a significant collaboration with Mastercard, enabling users to purchase crypto directly. This development raises questions about the asset's future performance.
Chainlink crypto spiked 10% overnight following the announcement of a partnership with Mastercard that allows over 3 billion cardholders to purchase crypto directly on-chain.
On Tuesday, the official Chainlink X account revealed the collaboration with the traditional finance giant Mastercard, aiming to facilitate a seamless fiat-to-crypto conversion for its global cardholders.
“We’re excited to announce that Chainlink and @Mastercard have partnered to enable billions of cardholders to purchase crypto directly onchain. https://t.co/1pKz03jQ7t
— Chainlink (@chainlink) June 24, 2025
The announcement caused a +10% increase in the Chainlink price, uplifting investor sentiment for LINK, which rose an additional 5% that day. This partnership also opens the door for 3 billion cardholders to access the Chainlink platform, which aims to bridge traditional finance and decentralized finance (DeFi).
The collaboration will lead to the creation of the Swapper Finance platform, where ZeroHashX will offer on-chain services while Chainlink’s infrastructure guarantees liquidity through strategic partnerships with leading finance solutions.
Prior to this, on June 23, Mastercard announced it would join the Paxos Global Dollar Network to enhance stablecoin integration and adoption, aiming for seamless functionality within its vast network.
In a related note, CEO Sergey Nazarov shared insight regarding the collaboration:
“Mastercard, live for real value. Access tokens for your on-chain wallet, directly with a mastercard purchase… The challenge is connecting on-chain and off-chain liquidity into a unified layer for smart contract access.”
Although the Chainlink price did not initially respond as expected to this substantial announcement, it still achieved a notable increase, moving from $11.20 to $13.30. Should the current upward trend continue, LINK could break through its resistance levels, potentially reaching $16.20.
Chainlink is still aiming to reclaim its all-time high of $52, achieved in May 2021, as it harnesses growing real-world adoption and revenue generation from its multiple protocols.
