LINK Price Eyes $50 as Chainlink Sees Massive Adoption
The post LINK Price Eyes $50 as Chainlink Sees Massive Adoption appeared on BitcoinEthereumNews.com.
52 different blockchain projects integrated with Chainlink in just one week, highlighting its growing real-world utility. Analysts set high targets for LINK as high as $50 amid massive retail and institutional adoption. LINK, the native token of the Chainlink ecosystem, is currently targeting new prices as high as the $50 psychological level. This potential rally comes as Chainlink integrates with some top chains within the blockchain space. New Chainlink Integrations Spotlighted Chainlink, a leading decentralized oracle platform, has announced new blockchain integrations with its platform via its official X account. According to Chainlink, 52 different blockchain projects added support for its technology in just one week. This highlights growing real-world usage of the Chainlink decentralized oracle network and related infrastructure. For emphasis, Chainlink offers a suite of tools, including Price Feeds, Cross-Chain Interoperability Protocol (CCIP), Data Streams, Automations, Proof of Reserve, and others. According to the announcement, the new integrations saw usage across 11 of these and 15 different blockchains. The blockchains highlighted include Ethereum, Arbitrum, Avalanche, Base, BNB Chain, 0G, Aptos, HyperCore, HyperEVM, Ink, Monad, Plasma, Ronin, Sei, and X Layer. Chainlink Adoption Outlook | Source: Chainlink Notably, the projects that went live with Chainlink this week range from DeFi protocols to major traditional finance (TradFi) players. The big institutions include UBS, Tradeweb, WisdomTree, FTSE Russell, SBI Digital Markets, and Securitize. For crypto and DeFi projects, Aave Horizon, Lido Finance, Enzyme Finance, Lista DAO, Hyperdrive, Hyperlend, Hyperunit, The Graph Protocol, all integrated Chainlink’s solutions. Others include Chainalysis, Kiln Finance, Validation Cloud, Aptos, Sentient AGI, Dinari Global, and Giza Tech. The adoption of Chainlink by traditional finance giants like UBS and Tradeweb signals a massive institutional push into blockchain. As we discussed earlier, WisdomTree integrated with Chainlink to enhance its tokenized infrastructure, providing transparency, auditability, and interoperability for institutional investors.…
