Chainlink Holds Above $25 as Strategic SBI Group Partnership Unlocks Asia-Pacific DeFi Expansion
Chainlink (LINK) has been above the $25 level since the announcement of a historic alliance with Japan's SBI Group, a financial leader in
Quick overview
- Chainlink has maintained a price above $25 following a significant partnership with Japan's SBI Group, highlighting growing interest from traditional finance in decentralized solutions.
- The alliance will leverage Chainlink's technology to tokenize real-world assets and enhance transparency in financial data.
- Current technical indicators suggest a bullish trend for LINK, supported by decreasing exchange reserves and high profitability among investors.
- Chainlink's expanding ecosystem and partnerships position it well for future growth, with price predictions targeting the $30-35 range.
Chainlink LINK/USD has been above the $25 level since the announcement of a historic alliance with Japan’s SBI Group, a financial powerhouse that manages more than $200 billion in assets. The relationship, which was announced on Sunday, is Chainlink’s biggest institutional cooperation in the Asia-Pacific area. It shows how traditional financial institutions are becoming more interested in decentralized finance solutions.
The alliance will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to make it easier to tokenize real-world assets (RWAs), like bonds, real estate, and investment funds. SBI Group will also use Chainlink’s SmartData and Proof of Reserve technologies to put net asset value (NAV) data on-chain for tokenized funds and check the reserves of stablecoins.
Yoshitaka Kitao, CEO of SBI Holdings, said, “Chainlink is a natural partner for SBI because their market-leading interoperability and reliability on-chain fit well with our financial footprint.” This shows how essential this partnership is.
LINK/USD Technical Analysis Reveals Bullish Foundation
Current technical indications make it look more and more likely that LINK’s price will go up. The coin has shown amazing strength, staying over $25 even as the global cryptocurrency market value has dropped by 2.69% to $3.82 trillion in recent trading sessions.
The bullish argument is backed up by important technical metrics:
- Dynamics of Supply: Exchange reserves have dropped from 280 million to 269.56 million LINK tokens, and investors have taken out 2.07 million tokens in just 48 hours. This supply exodus from centralized exchanges usually happens before prices go up a lot since there is less selling pressure.
- Metrics for Profitability: Santiment data shows that 95.04% of LINK’s circulating supply is now making money, a big jump from 80.57% on August 1. This high profitability ratio shows that investors have a lot of faith in the company and that the present rise has a lot of support.
- Activity on the Network: Over the past week, the number of daily active addresses has stayed at an average of 7,797, the highest level since 2025. This rise in network activity shows that more people are using and finding Chainlink’s oracle services useful.
Whale Activity Creates Mixed Signals
Retail and institutional interest is still high, but big wallet holders have been slowly selling off their holdings. Whale holdings hit an all-time low of 539.07 million LINK tokens on August 18. They are now at 539.62 million. This pattern of distribution may be worrying on its own, but it frequently means that prices are discovering themselves in a healthy way as tokens travel from a small number of holders to a larger number of market players.
The $2.7 billion in trading activity over 24 hours shows that the market is still quite liquid, even after whale redistribution. This supports the token’s potential to keep its current price levels.
Expanding Chainlink Ecosystem Drives Long-Term Value
Chainlink’s cooperation with SBI Group is the fourth big transaction the Japanese company has announced in the last few days. The others were with Circle (USDC), Ripple Labs, and Startale. This group of relationships makes it seem like there is a coordinated effort to make Japan a significant center for digital asset innovation, with Chainlink as a key infrastructure supplier.
The time is right because Japan’s Financial Services Agency is getting ready to authorize the first Japanese yen stablecoin. This will increase the need for Chainlink’s verification and interoperability services.
Chainlink’s infrastructure is already used by major banks like JPMorgan and Swift, which shows that it can handle enterprise-level tasks. This puts it in a good position to take advantage of the expected growth of tokenized assets to $30.1 trillion by 2034.
Chainlink Price Prediction: Targeting $30-35 Range
LINK looks like it will keep going up based on current technical and fundamental analysis. A strong bullish case can be made by the fact that the supply of exchanges is falling, the profitability ratios are rising, and more institutions are using them.
There is short-term resistance near the previous seven-month high of $26, but if the price breaks above this level, it could go up to the $30–35 region in the next 30 to 60 days. The relationship with SBI Group gives this price trend basic support, since institutional alliances usually lead to long-term price increases instead of short-term ones.
$23.85 (the current consolidation base) and $22.50 (the previous resistance turned support) are two important support levels to keep an eye on. If the price goes below $22.50, the bullish thesis would need to be rethought.
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