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September 10, 2025NewsBTC logoNewsBTC

Institutional Adoption Rises: 21X Brings Chainlink Into Europe’s Tokenized Securities Market

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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