Chanlink Breaks Out to a Weekly High as New Partnerships Boost On-Chain Adoption

Chainlink ($LINK) has quietly surged to a weekly high of $23.92, according to LunarCrush data. The price jump comes as a wave of new partnerships and integrations position Chainlink as a key player in the next phase of blockchain infrastructure.

One major driver is a new partnership with UBS and DigiFT. Under the Hong Kong government’s Cyberport program, Chainlink will help automate tokenized fund operations on-chain. By connecting traditional asset management processes to blockchain networks, this collaboration aims to bring a part of the $132 trillion global asset management industry closer to on-chain finance.

This is a significant step for real-world asset tokenization, one of the hottest growth areas in crypto. By providing the trusted data and infrastructure needed for institutional fund operations, Chainlink is positioning itself at the center of this transformation.

Chainlink Data Streams Go Live on Sei

Chainlink has also expanded its data reach. Chainlink’s data streams are now live on the Sei blockchain, delivering real-time data feeds for U.S. equities, GDP metrics, and 300 different assets. This allows Sei to power institutional-grade markets and create new types of on-chain financial products.

Reliable, real-time data is essential for decentralized finance. By offering high-quality market data directly on Sei, Chainlink strengthens its role as the go-to oracle solution for new DeFi applications.

In another major milestone, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has launched on Aptos ($APT). CCIP allows developers to move assets and messages across different blockchains in a secure way. For Aptos, this means instant access to both institutional and DeFi liquidity, which could accelerate growth across its ecosystem.

Read also: Here’s the Chainlink Price If a LINK ETF Gets Approved

Market Reaction and Price Outlook

The combination of these developments has coincided with a strong technical move. Over the past week, LINK has climbed steadily, reaching $23.92 while market sentiment and creator activity on LunarCrush also showed an uptrend.

If LINK can hold above $23 and turn it into support, traders may look to $26–$28 as the next resistance zone, with a longer-term eye toward $30 and beyond. A drop back below $22 would put the breakout in question, but momentum currently favors the bulls.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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