Chainlink LINK jumps 12% after major ICE partnership boosts forex and gold data access

Chainlink (LINK) has seen a 12% surge in the last 24 hours, reaching $23.72, following a significant partnership with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). The collaboration brings high-quality on-chain access to gold and foreign exchange (forex) data for the first time through Chainlink’s oracle network, positioning the project to bridge traditional and decentralized financial markets [1].

This development marks a pivotal step in Chainlink’s growth strategy, as it expands its data offerings to over 2,000 institutions and applications already integrated with its oracle network. The addition of ICE’s data further strengthens Chainlink’s position in institutional-grade markets, with the project having previously partnered with financial giants including Swift, Mastercard, JPMorgan, and UBS [1]. The integration is expected to unlock billions of dollars in real-world market activity for blockchain-based applications.

The partnership also underscores Chainlink’s increasing relevance in traditional finance, with its native token, LINK, now the 13th-largest cryptocurrency by market capitalization. Over the past year, LINK has gained 132%, and it has surged 44% in the last week alone [1]. Analysts have taken notice, with some forecasting a potential rise to $100 before the end of 2025 and even $150 by early 2026, representing gains of 320% and 530% respectively from current levels [1].

Technically, LINK has broken out of a multi-year consolidation pattern, transforming former resistance levels into support. The Relative Strength Index (RSI) has moved above 70, signaling strong bullish momentum, while the Moving Average Convergence Divergence (MACD) has turned green, suggesting accelerated buying pressure [1]. These indicators support a potential short-term move toward $35 and a longer-term test of the $53 level, which previously marked the peak of Chainlink’s 2021 bull run.

Chainlink’s recent price action is not just driven by technical momentum but also by real-world adoption and macroeconomic tailwinds. The project’s oracle network is expanding into multi-trillion-dollar markets, which could significantly increase demand for LINK as more financial institutions and applications integrate its services [1]. This trend has drawn attention from both retail and institutional investors, many of whom see the partnership as a catalyst for broader adoption and increased utility of the token.

While Chainlink’s future looks promising, investors are also turning their attention to smaller altcoins, particularly those with strong community-driven momentum. However, this portion of the article includes content unrelated to Chainlink and has been omitted from this summary and analysis [1].

Source: [1] Chainlink Price Prediction: LINK Brings Gold and Forex Data On-Chain – Billion-Dollar Opportunity? (https://cryptonews.com/news/chainlink-price-prediction-link-brings-gold-and-forex-data-on-chain-billion-dollar-opportunity/)