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
Chainlink
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
a Yahoo Finance report
. 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.
At the same time, Nasdaq-listed
Streamex
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
Ethereum
,
Solana
, and additional blockchains, as reported by
LiveBitcoinNews
. 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,
a CoinMarketCap article
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,
Arbitrum
, Base, and other networks, with future plans to include the Canton Network, according to
CoinGape
. 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,
Markets.com
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
Asset Servicing Times
.
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
Bitget
, 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.