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Chainlink Faces $25 Barrier: Institutional Interest Meets Technical Skepticism

Chainlink Faces $25 Barrier: Institutional Interest Meets Technical Skepticism

Bitget-RWA2025/10/31 23:30
By:Bitget-RWA

- Chainlink's CCIP protocol drives institutional adoption through real estate tokenization (Balcony) and gold-backed stablecoin (Streamex) partnerships, enhancing RWA transparency and cross-chain interoperability. - EURAU stablecoin's multi-chain expansion via CCIP, backed by Deutsche Bank, positions Chainlink as a euro-centric alternative to dollar-dominated stablecoins with zero-slippage transfers. - Technical analysis suggests $25 price target if $19.16 resistance breaks, but bearish indicators like a d

Chainlink (LINK) is making significant gains, approaching a possible $25 valuation as its Cross-Chain Interoperability Protocol (CCIP) sees increased adoption through notable projects like AllUnity’s EURAU stablecoin and Streamex’s gold-backed GLDY token. The oracle network’s collaborations with major institutions in both real estate and stablecoin sectors are boosting market confidence, even as technical indicators present a mixed outlook for its price movement.

The latest partnership between

and Balcony, a platform focused on real estate tokenization, highlights Chainlink’s expanding influence in the tokenized real-world asset (RWA) sector. Balcony plans to utilize Chainlink’s Runtime Environment (CRE) to digitize over $240 billion in government property data, beginning with detailed land records, according to . This collaboration is designed to deliver programmable, transparent, and verifiable real estate assets, aligning with Chainlink’s broader goal of fostering institutional adoption through secure and regulated data practices.

Chainlink Faces $25 Barrier: Institutional Interest Meets Technical Skepticism image 0

At the same time, Nasdaq-listed

has adopted Chainlink’s Proof of Reserve (PoR) and CCIP to strengthen its gold-backed stablecoin, GLDY. This integration allows for ongoing verification of GLDY’s gold reserves and enables cross-chain transactions across , , and additional blockchains, as reported by . Streamex’s CEO stated that incorporating Chainlink’s Cross-Chain Token (CCT) standard improves both liquidity and accessibility for institutional investors, while ensuring compliance with regulations, mentioned.

AllUnity’s expansion of its euro-backed EURAU stablecoin using CCIP is a significant driver behind Chainlink’s recent price surge. The MiCA-compliant stablecoin now operates fluidly across Ethereum,

, Base, and other networks, with future plans to include the Canton Network, according to . Supported by Deutsche Bank and DWS, EURAU’s multi-chain functionality positions it as a euro-focused alternative to stablecoins dominated by the US dollar, utilizing Chainlink’s burn-and-mint mechanism for seamless, zero-slippage transfers, reported. Alexander Höptner, CEO of AllUnity, pointed out that this integration “broadens accessibility and functionality” for institutional applications such as B2B payments and treasury operations, according to .

Technical analysis indicates that LINK could challenge the $25 mark if buyers manage to surpass key resistance levels. A double-bottom formation near $16.38 and accumulation above $16.90 suggest strong buying pressure, according to CoinGape. Analysts there believe that breaking through the $19.16 resistance could spark a 45% rally toward $25, fueled by institutional involvement and reserve increases. Nonetheless, bearish signals such as a looming death cross and proximity to a monthly low of $14.92 warrant caution, as highlighted by CoinMarketCap.

Chainlink’s ecosystem continues to expand, with Virtune adopting its PoR service for $450 million in digital asset ETPs and Backed Finance utilizing CCIP for RWAs, as also noted by Yahoo Finance. These advancements underscore Chainlink’s commitment to both on-chain data security and cross-chain connectivity, which are essential for integrating traditional finance with blockchain technology.

Despite ongoing challenges, including regulatory issues for stablecoins in the EU as reported by

, Chainlink’s strategic alliances and technological progress solidify its position as a leading force in the RWA market. With LINK trading above $18 and large holders increasing their positions, the network’s ability to uphold institutional trust and regulatory compliance will be crucial in its pursuit of the $25 target.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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