Chainlink's native token, $LINK, has experienced a notable price recovery and market momentum in August 2025. The token surged past $26 for the first time in seven months, with trading activity and wallet engagement reaching new highs for the year. Market observers noted a 12% overnight price increase, with a $31 breakout target in sight. Futures open interest in Chainlink reached an all-time high of $1.75 billion on August 19, nearly doubling over the month, signaling strong investor interest. Large investors have accumulated over 1.1 million LINK tokens in the past week, supporting the rally. Chainlink continues to play a central role in decentralized finance (DeFi), powering over 80% of Ethereum DeFi projects and serving as a connective infrastructure between traditional and tokenized markets. The project is gaining institutional recognition, with partnerships and engagements involving major financial institutions such as JPMorgan, BNY Mellon, US Bank, Citi, BNP Paribas, and others. Chainlink is also set to appear alongside JP Morgan and Ondo at the Salt conference in Wyoming, highlighting its growing prominence. Analysts suggest that breaking a four-year resistance level could trigger a parabolic price increase, with a $200 price target mentioned in market discussions.