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Chainlink (LINK) Poised for Upside after SBI Group Tie-up

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Chainlink (LINK) Poised for Upside after SBI Group Tie-up

Chainlink Poised for Upside after SBI Group Tie-up. Chainlink is drawing fresh attention after sealing a deal with Japan’s SBI Group to create blockchain tools for banks across the Asia-Pacific. The partnership will concentrate on smoother movement of stablecoins between institutions and on frameworks for turning conventional assets into digital tokens. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will be adopted to help banks transfer value between different blockchains while meeting transparency and compliance needs.


SBI’s CEO Yoshitaka Kitao and Chainlink co-founder Sergey Nazarov say the work aims to apply bank-level standards to digital assets and make cross-border transfers more dependable. Markets moved quickly, lifting LINK’s price as interest in bank-backed tokenization rose. Observers note the effort could help close the gap between traditional finance and blockchain services in the region, boosting demand for Chainlink’s infrastructure. Pilot programs and proofs of concept are expected to follow as banks test the tools across the region.

Key Chainlink Levels To Watch – August 25

Chainlink (LINK) Poised for Upside after SBI Group Tie-up

LINKUSD maintains a bullish structure as price trades above the 9-day SMA at $25.50, showing strong momentum despite the recent pullback. The $22.10 demand zone aligns with an order block, providing a solid support base for potential continuation.

RSI at 54 suggests room for further upside without being overbought. A rebound from current levels could drive the price toward $30.90, with $34.00 as the extended bullish target.

Chainlink Key Levels

Resistance Levels: $26.00, $31.00, $34.00
Support Levels: $22.10, $18.00, $15.40

LINK Metrics

Total Market Capitalization: $3.84T
Chainlink Market Capitalization: $16.65B
Chainlink Volume: $2.16B
Market Rank: #11

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