The development of Chainlink has recently surpassed Ethereum in terms of progress, and as of late May 2025, the two companies have been actively working on new projects. The increase can be observed in the number of GitHub commits, with Chainlink ranking as the second-best crypto project, while Ethereum was placed at eighth. This growth has been largely driven by innovation and the increasing interest in real-world asset (RWA) tokenization—notably Chainlink's "alternative" Oracle solutions.
Both Chainlink (LINK) and Ethereum (ETH) have experienced a price increase in tandem due to this momentum of development. LINK experienced a 7.7% increase on June 10, 2025, while ETH saw augmentation of 6.3%. Investors see a positive outlook on the rise in development activity, which often comes before network enhancements and wider adoption, leading to higher buying and trading volumes for both assets. Chainlink's success in connecting conventional financial information to blockchain technologies is a contributing factor to this positive outlook.
Despite the positive indicators, Chainlink is facing selling pressure due to a high percentage of holders in profit, leading to periodic profit-taking and resistance at key price levels (around $15.5–$16.5). Unless there is a wider return to network accumulation, further price increases may be constrained.