With government adoption, institutional support, and growing market recognition, Chainlink is no longer just another crypto project, it is becoming a bridge between traditional finance and blockchain. This adoption not only boosts Chainlink’s credibility but also sparks talk about LINK’s future price, with some analysts even eyeing a run toward $100.
Chainlink has made one of its biggest moves by partnering with the U.S. Department of Commerce. Announced on August 28–29, the deal will bring official economic data like GDP directly onto blockchains.
Using Chainlink’s oracle network, government data can now be accessed on-chain in real time. This allows for secure and transparent use in trading, inflation-linked products, and DeFi.
Chainlink has already established itself as the leading oracle network, securing over $93 billion across 60 different blockchains. But this new partnership elevates its reputation further, placing it alongside other major collaborations with institutions like J.P. Morgan.
Adding to this momentum, Nasdaq-listed CaliberCos recently announced it is holding LINK on its balance sheet, and even staking tokens as part of its treasury strategy.
Combined with this, Thala has upgraded to Chainlink on the Aptos blockchain. With this, ThalaSwap V2 now uses Chainlink Price Feeds to provide secure and accurate prices for assets like Metastable pools, BTCFi tokens, and xLPTs.
This upgrade makes the Aptos ecosystem more reliable and connected.
On the investment side, momentum continues to build. Bitwise Asset Management has applied to the SEC for a new ETF focused only on Chainlink’s token, LINK. If approved, the fund will use Coinbase Custody for safekeeping and allow investors to create or redeem shares directly with LINK.
As of now, Chainlink (LINK) is trading at $23.57 up 2.5% over the last 24 hours with a surge of 100% in trading volumnet trading around $2.91 billion.
As for the price outlook, LINK is has formed a zone near $23 that has acted as strong resistance in the past. However, analysts like Crypto ELITES point to a long-term ascending triangle pattern, suggesting LINK could eventually break higher.
If confirmed, the path toward $100 becomes more realistic in the medium to long term.
Chainlink partnered with the U.S. Department of Commerce to bring official economic data like GDP on-chain in real time for use in trading and DeFi applications.
Institutions like Nasdaq-listed CaliberCos hold LINK as a treasury reserve, citing its role as a critical bridge between traditional finance and blockchain infrastructure.
Some analysts eye a run toward $100, citing a long-term ascending triangle pattern and growing institutional adoption boosting LINK’s fundamental value.
It securely delivers real-world data to blockchains. It now secures over $93B across 60 chains, enabling smart contracts to use verified external information.
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