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Yesterday — 2 November 2025Main stream

Chainlink Maintains Its Base, But One Push Could Flip Sentiment Fast

2 November 2025 at 06:30

Chainlink continues to hold its ground above key support levels, keeping the broader market cautiously optimistic. Despite recent indecisive candles, the setup suggests that one strong bullish move could quickly shift sentiment and reignite momentum toward higher targets.

Chainlink Faces Mixed Signals As Monthly Candle Closes Bearish

In his Chainlink daily technical outlook, crypto analyst CryptoWzrd began by reviewing the higher timeframes, noting that the monthly candle for LINK closed slightly bearish. Additionally, the LINK/BTC pair closed its monthly candle indecisively, reflecting a lack of clear momentum against Bitcoin. Meanwhile, the daily candles for both closed indecisively, setting an ambiguous tone for the near term.

CryptoWzrd emphasizes that the LINK/BTC pair must move upside to inject meaningful momentum. For this to happen, LINK/BTC needs to hold above the $0.000170 BTC resistance level, which would generate the initial bullish sentiment required for Chainlink to begin its ascent toward the first major target.

Chainlink

If the necessary bullish sentiment is secured, the altcoin is expected to be pushed toward the $20 daily resistance target. The analyst highlights that achieving a healthy bullish breakout above $20 is the critical event that will trigger the next major upside rally and confirm a stronger directional trend.

On the other hand, CryptoWzrd identifies the $16 level as the main daily support for the current structure. This price point must hold to prevent a deeper correction that would jeopardize the current bullish targets.

The analyst has stated that his focus for the immediate future will shift to the lower timeframe chart formations tomorrow. This micro-analysis will be crucial for identifying the best scalp opportunities as the market continues to consolidate near these critical structural levels.

Choppy Intraday Action Keeps Traders On Edge

CryptoWzrd went further to reveal that LINK’s intraday chart has been choppy and slow, reflecting bearishness in the market. Despite the lack of strong momentum, the price is still holding above the $16.90 level, which remains a positive sign for the bulls in the short term. Also, the analyst emphasized that a further upside move is necessary to confirm a constructive chart formation and create a potential long opportunity. 

Without that breakout, the structure remains fragile, and traders could face difficulty finding reliable entry points for bullish setups. A drop below $16.90 could trigger a deeper decline, putting additional pressure on Chainlink. CryptoWzrd concluded that patience remains key in navigating the current indecisive phase, as it’s best to wait for the next clear signal or trading setup before making any major moves.

Chainlink

Before yesterdayMain stream

Chainlink (LINK) rebounds 3.6% as Stellar integration broadens RWA reach

  • LINK jumps 3.6% to $16.96 amid strong institutional buying near key support.
  • Stellar joins Chainlink Scale, integrating CCIP, Data Feeds, and Data Streams.
  • Stellar reports $5.4B RWA volume and 700% growth in smart contract activity in Q3 2025.

Chainlink’s native token LINK bounced back 3.6% on Friday, climbing to $16.96 as institutional buyers stepped in near key support levels.

The rebound follows strong trading volume with over 3 million tokens exchanged during the morning breakout.

More importantly, payments-focused blockchain Stellar announced a major integration with Chainlink’s suite of services, including the Cross-Chain Interoperability Protocol (CCIP), Data Feeds, and Data Streams.

This collaboration signals growing institutional demand for secure financial infrastructure and positions both networks to capitalize on the expanding real-world asset tokenization market, which analysts project could reach $2 trillion by 2028.​

Stellar’s strategic play into RWA and DeFi

Stellar’s decision to join the Chainlink Scale program marks a significant strategic move for the payments-focused blockchain.

The integration gives developers and institutions on Stellar access to battle-tested infrastructure that currently secures over $100 billion in total value locked across DeFi protocols.​

The timing couldn’t be better. Stellar reported impressive growth metrics in Q3 2025, logging $5.4 billion in real-world asset transaction volume.

The network also experienced a 700% quarterly surge in smart contract invocations and welcomed a 37% increase in full-time developers.

These metrics reflect a growing ecosystem hungry for institutional-grade tools to bridge traditional finance with blockchain infrastructure.​

With Chainlink’s CCIP integration, Stellar developers can now move assets across blockchains without rewriting smart contracts. This streamlines complex operations like cross-chain lending and yield farming into single, atomic processes.

Data Feeds and Data Streams complement this by providing real-time, trusted pricing information—critical for DeFi protocols handling significant capital flows.​

Standard Chartered’s Geoffrey Kendrick recently projected a $2 trillion DeFi tokenization boom by 2028, driven by surging demand for tokenized equities, funds, and stablecoin-based money-market products.

Stellar’s adoption of Chainlink positions it squarely to capture a share of this trend, especially as Wall Street institutions increasingly explore tokenized assets.​

What this means for LINK’s technical picture

The 3.6% rebound placed LINK above critical technical levels, though weakness during U.S. trading hours pulled the token back below the $17 mark.

Traders now watch support at $16.37, with near-term upside targets at $17.46 and $18.00.​

Technical analysts suggest LINK is emerging from an oversold setup.

The Relative Strength Index recently hovered at levels indicating fading bearish momentum, while Bollinger Bands positioned LINK near the lower band, a signal of potential reversal.

The 78% volume surge during the breakout confirmed institutional participation, though short-term rebalancing created some profit-taking.​

For the broader picture, crypto analysts expect LINK to trade between $16.77 and $18.79 in November 2025, with potential upside toward $20–$25 if buyers sustain momentum above key resistance levels.​

The Stellar integration demonstrates that enterprise adoption of Chainlink’s technology remains robust despite recent price weakness.

Whether LINK extends its rebound depends largely on broader crypto market sentiment and sustained institutional buying interest around current support zones.​

The post Chainlink (LINK) rebounds 3.6% as Stellar integration broadens RWA reach appeared first on CoinJournal.

Toncoin price rallies as Chainlink extends CCIP and data streams to TON

  • Toncoin price surges after Binance-Telegram payment rollout and Chainlink CCIP extension.
  • Chainlink CCIP links TON to 60+ blockchains for seamless DeFi access.
  • Toncoin holds above $2.25 as projections point to a possible $3 breakout.

Toncoin price has surged, fueled by strong adoption news and strategic technological integrations, with Chainlink playing a central role in expanding TON’s reach across the blockchain ecosystem.

The cryptocurrency has seen a notable uptick, driven by both real-world utility developments and enhanced cross-chain capabilities.

Chainlink integration enhances TON’s cross-chain potential

A key driver behind TON’s recent performance is its adoption of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Data Streams.

.@ton_blockchain, the L1 bringing Web3 to Telegram’s 900M+ users, is adopting Chainlink CCIP as the canonical cross-chain infrastructure for its native token TON, making it a Cross-Chain Token (CCT) to be transferable across leading blockchains.https://t.co/4hnmUOptun

TON is… pic.twitter.com/95DIHLpGu2

— Chainlink (@chainlink) October 31, 2025

This move positions TON as a Cross-Chain Token (CCT), allowing seamless transfers of Toncoin across more than 60 leading blockchain networks.

Beyond facilitating token mobility, Chainlink’s Data Streams provide low-latency, real-time market data, enabling developers to build advanced decentralised finance (DeFi) applications with institutional-grade reliability.

The integration addresses a longstanding challenge for TON: liquidity fragmentation.

By connecting TON to the broader multi-chain ecosystem, Chainlink helps create a composable, interoperable environment where assets, protocols, and liquidity can flow freely between chains.

This expansion also opens opportunities for developers to attract capital from Ethereum, Solana, and other ecosystems, elevating TON beyond a niche within the Telegram network into a serious contender in the multi-chain DeFi landscape.

The total value locked (TVL) growth on TON-based decentralised exchanges such as STON.fi and Dedust will serve as key indicators of how effectively the integration translates into tangible network activity and economic impact.

TON adoption gets a boost from Binance and Telegram

Another key driver of the current Toncoin surge is the launch of Binance-Telegram QR payments, a fee-free system currently active in Argentina.

This integration allows users to spend Toncoin directly via QR codes while merchants receive pesos instantly.

With Telegram boasting over 1 billion users globally, this adoption represents a significant step in bridging cryptocurrency with real-world transactions.

In countries facing high inflation, such as Argentina, this kind of utility makes TON particularly attractive as a payment alternative.

Market observers are keenly watching adoption metrics in Argentina, as well as potential expansion into other regions with similar economic dynamics, including Turkey and Nigeria.

This integration not only increases TON’s real-world utility but also strengthens its position as Telegram’s default blockchain, a factor likely to sustain demand over the medium term.

If usage of TON for payments grows consistently, it could translate into higher stability and further price appreciation, potentially pushing Toncoin beyond its current resistance levels.

Toncoin price reacts to technical and adoption catalysts

Toncoin price recently broke through the $2.25 resistance, reaching a high of $2.28, signalling strong technical momentum.

While short-term traders have responded to this breakout, trading volume has slightly decreased, dipping to $209 million, raising questions about the sustainability of the rally.

Despite this, the MACD histogram has turned positive, and the price remains above the 7-day moving average, suggesting a healthy short-term trend.

Toncoin price analysis
Toncoin price chart | Source: CoinMarketCap

Market analysts have identified the next potential resistance at $2.36, with targets as high as $3 if trading volume picks up.

In the longer term, Toncoin could even reach $5.30, particularly if adoption of TON in real-world payment systems expands and the Telegram ecosystem continues to support innovative blockchain features.

With November approaching, historical data indicate that TON often posts positive monthly performance, adding further optimism to its trajectory.

The post Toncoin price rallies as Chainlink extends CCIP and data streams to TON appeared first on CoinJournal.

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