Chainlink’s native token LINK jumped sharply on Wednesday, delivering strong intraday gains that outpaced XRP. Traders pointed to renewed demand for oracle services and DeFi integrations as possible drivers.
Grayscale said Chainlink will underpin the next wave of blockchain adoption, positioning LINK as core infrastructure for asset tokenization. The firm argues secure oracle services are essential for bringing real-world assets on-chain.
Dusk Network has partnered with Chainlink to tokenise €200 million of NPEX-listed securities using Chainlink CCIP for cross-chain transfers and DataLink oracles for market and compliance data.
Amid a broader market pullback that pushed Bitcoin below $102K, Chainlink (LINK) has held steady around $15–16, signaling relative resilience. Traders and analysts point to persistent demand for oracle services and softer BTC correlation as possible supports.