Chainlink (LINK) has dipped over 6% over the last 24 hours as the crypto market continues to face mixed macro factors. However, a top crypto analyst has predicted that the coin could face one last dip before skyrocketing to $100. Such a rally would mean a new all-time high for the LINK token. 

This bullish prediction comes just a day after Chainlink announced a partnership with the SBI Group, one of Japan’s largest financial conglomerates. This partnership is aimed at powering innovative use cases for the Chainlink ecosystem and could potentially boost prices. 

Ali Charts Predicts Chainlink to Hit $100, After One Final Dip

In a post on X, Ali Charts – a top crypto market analyst and watcher, predicted that Chainlink is one dip away from hitting $100. With the latest dip in the price of this cryptocurrency, such a rally could happen soon, as per Ali’s prediction. 

Chainlink $LINK: One more dip before $100! pic.twitter.com/Ws2E95FTO1

— Ali (@ali_charts) August 25, 2025

Furthermore, Ali’s bold prediction follows the formation of a symmetrical triangle pattern on Chainlink’s 3-day chart. Normally, this pattern highlights a decrease in volatility as two trendlines, one of lower highs (resistance) and one of higher lows (support), converge to form a triangle shape. 

Nonetheless, when this pattern happens, traders usually wait for a trend confirmation. However, Ali believes that the price will move downwards first before surging towards $100. LINK’s all-time high price currently sits at $52.99 thus such a rally would mean a new milestone for the coin. 

Furthermore, data by Coingecko shows that Chainlink’s price is currently at $24.39 down by 6.2% over the last 24 hours. Based on the current level, LINK has to surge by over 75.61% to reach Ali’s target. 

Partnership with Japan’s SBI Group to Boost Use Cases

Just a day ago, Chainlink announced a strategic partnership with Japanese financial conglomerate SBI Group. This firm boasts USD equivalent of over $200 billion in total assets. 

We’re excited to announce a strategic partnership between Chainlink and SBI Group one of Japan’s largest financial conglomerates with the USD equivalent of over $200 billion in total assets.https://t.co/ZNyq7bVvUb

SBI Group and Chainlink will focus on powering several… pic.twitter.com/tdbLXOkUnW

— Chainlink (@chainlink) August 25, 2025

As per the official press release, this partnership will help accelerate institutional adoption of Chainlink in key global markets. In particular, SBI and Chainlink’s partnership will focus on boosting innovative use cases of LINK across tokenized funds, tokenized real-world assets such as real estate and bonds, regulated stablecoins, and more.

“SBI and Chainlink’s strategic partnership focuses on a number of key use cases for financial institutions in Japan and the APAC region,” the Press release noted. 

By boosting LINK’s use cases, the partnership could further translate significantly on the price which could surge. Potentially, LINK could rally to $100 as predicted by Ali Charts. However, such a rally would require a parabolic surge which may not happen anytime soon. But all in all, the prediction highlights strong confidence in the cryptocurrency.