Chainlink’s price is wrestling with key support near $21, a level that has drawn heavy attention from traders and institutions 0 (LINK) was down 2% to $22.30 as selling pressure weighed on the 1 move comes at a time when derivatives activity in the asset has jumped sharply, raising both expectations of a rebound and the risk of further 2 Reading: Tighter Premiums Put Crypto Treasuries On Risky Road, According To NYDIG Institutional Pathway Through 21X The network’s importance was reinforced after the launch of 21X, Europe’s first regulated tokenized securities 3 under European rules, 21X connects financial institutions to blockchain infrastructure using Chainlink’s 4 Max Heinzle described Chainlink as a vital backbone for tokenized markets, stressing that global institutions are lining up behind tokenization 5 building on a regulated platform, Chainlink gains credibility in bridging traditional finance with decentralized networks.
Europe’s first regulated tokenized securities platform 21X: “The work that Chainlink is doing … with the involvement of the largest financial institutions in the world … could not be more at the forefront.” Discover how tokenization is reshaping capital markets and why… 6 — Chainlink (@chainlink) September 5, 2025 This development has been seen as a step toward establishing Chainlink as a core platform for tokenized 7 data feeds and interoperability features make it a practical link between standard securities and blockchain applications, adding momentum to its institutional 8 And Resistance Levels In Focus Market watchers say LINK is testing major support at $22.10, with deeper support zones at $20.55 and $19.
In a worst-case scenario, the coin could even revisit $17. On the upside, clearing the volume-weighted average price of $22.10 may open a path back to $24, and possibly $26, which marked the highs reached in 9 the time of writing, LINK was trading at $23.17, up 0.3% and 1.9% in the daily and weekly timeframes, data from Coingecko 10 Market Points To Heavy Speculation According to CoinGlass, LINK futures volume jumped 51% to over $2 11 increase in futures volume is in sync with open interest, whose numbers likewise soared over 2% to $1.5 12 increases show a sharp rise in speculative bets at current 13 seem to be sitting tight, indicating anticipation of a decisive action over a 14 Reading: Altcoins Feel The Pinch As Crypto Market Sentiment Sours There are warnings that the levels of leverage are so high that they will encourage 15 support is maintained, the bulls could be in charge to drive LINK to $26.
But if it fails to hold present levels, liquidations and deeper losses could 16 coming sessions will be crucial. Chainlink, viewed as both a token and a critical piece of market infrastructure, now faces a battle around $22. How the price reacts here could determine whether optimism around institutional adoption translates into a sustained recovery, or if traders brace for another 17 image from 21x. eu, chart from TradingView
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