- ChainLink (LINK) reached $29.45, its highest price since January 2022, marking a 119% monthly increase.
- Futures open interest hit a record $770.27 million, surpassing competitors TON and TRX.
- World Liberty Financial acquired 41,335 LINK tokens valued at $1 million.
- Emirates NBD partnership strengthens Chainlink’s position in institutional asset tokenization.
- Cross-Chain Interoperability Protocol expands to Ronin network, enabling multi-chain transfers.
Chainlink’s native token LINK surged to a two-year high of $29.45 on Thursday, as institutional adoption and strategic partnerships fuel unprecedented market interest. The cryptocurrency posted a 20% weekly gain and 119% monthly return, according to CoinGecko data.
Institutional Momentum
Market data indicates growing institutional appetite for LINK. Futures open interest reached an all-time high of $770.27 million, significantly outpacing competitors like Toncoin ($259 million) and tron ($356 million). Adding to the momentum, Trump-backed World Liberty Financial acquired 41,335 LINK tokens worth $1 million at $24.19 per token, as confirmed by on-chain data.
Strategic Partnerships
The price appreciation coincides with several high-profile integrations:
- Emirates NBD, a major UAE bank, integrated Chainlink for digital asset tokenization
- Coinbase‘s Project Diamond selected Chainlink for tokenized asset management infrastructure
- The Cross-Chain Interoperability Protocol (CCIP) expanded to Ronin network, enabling transfers between Ethereum, Ronin, and Base blockchains
Arthur Azizov, CEO of B2BINPAY, told Decrypt: "Chainlink, closely tied to Ethereum, is a leader in blockchain interoperability. Notably, it leads the Top 10 ERC-20 crypto projects in developer activity over the past 30 days."
The protocol’s collaboration with SWIFT for institutional payments and partnership with 21Shares for EU-regulated tokenized securities trading demonstrate its growing influence in traditional finance infrastructure. These developments position Chainlink as a key player in bridging traditional financial systems with blockchain technology.
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