Key Insights:
- Chainlink price trades at $23, down 3% weekly, but up 39% monthly and 114% YTD.
- U.S. Department of Commerce partnered with Chainlink to bring government data on-chain.
- Ondo Finance deal expands Chainlink’s role in tokenized U.S. stocks and ETFs.
Chainlink price traded around $23 during writing, roughly flat from last week but sharply higher over the month. CoinGecko data show LINK is up 40.6% over the past 30 days.
The year‑over‑year gain for LINK price is over 100%. This year-to-date rally reflects growing demand for Chainlink’s role as a decentralized oracle network.
LINK’s one-year surge coincides with broader crypto strength. For instance, Bitcoin and other tokens have also rallied in 2025, but Chainlink has notably outpaced the market.
For context, LINK is trading near multi-year highs, while its all-time high was recorded at $52.70 in 2021.
Chainlink Price in Focus amid US Commerce Partnership
Chainlink price was on the investors’ radar after the crypto made headlines recently, by announcing a first-of-its-kind partnership with the U.S. Department of Commerce.
The official Chainlink blog states the network has “worked together to bring U.S. government macroeconomic data on-chain” from the Commerce Department’s Bureau of Economic Analysis.
In practice, key economic indicators, including real GDP, the PCE Price Index, and final sales figures, are now being published as Chainlink Data Feeds.
These feeds allow smart contracts to access official economic metrics directly on blockchain platforms. According to Chainlink, the new data feeds are live on ten major blockchains (Ethereum, Avalanche, Optimism, etc.) and will update on the government’s release schedules.
Industry coverage confirms the significance. LINK’s token surged over 5% when the Commerce Dept. partnership was announced.
Chainlink and Pyth Network were both selected to deliver official U.S. economic data on-chain. Chainlink emphasizes that this unlocks new DeFi use cases, including inflation‑linked products, macro‑based risk models, etc.
In short, the Commerce deal cements Chainlink’s status as a trusted oracle for bringing real‑world (even government) data into crypto, a use case investors expect to drive demand for LINK. In other words, this development could help drive Chainlink price higher in the coming days.
Ondo Finance Tokenizes U.S. Stocks and ETFs
Another catalyst is Chainlink’s expanding role in tokenized real‑world assets. On Sept. 3, Ondo Finance launched “Ondo Global Markets”, a platform offering on-chain versions of 100+ U.S. stocks and ETFs.
The press release explains that Global Markets now gives qualifying non-U.S. investors 24/7 access to these tokenized equities on Ethereum, with plans for BNB Chain and Solana.
Notably, the official announcement lists Chainlink among the partners providing infrastructure, and explicitly states that Chainlink is “serving as the official oracle platform for trusted asset price data.” In other words, all of Ondo’s tokenized U.S. shares and ETFs will rely on Chainlink oracles to report their prices.
This deal further embeds Chainlink into traditional finance on-chain. By integrating Chainlink into a real‑world asset (RWA) platform backed by broker‑dealer custody, Ondo is extending Chainlink’s footprint in DeFi.
Chainlink’s oracle feeds will ensure that the tokenized stocks track their real-world counterparts. The Ondo launch – one of the largest rollouts of tokenized equities – reinforces that major financial firms trust Chainlink for critical data.
Chainlink Price Outlook: Support at $22, Eyes on $30
From a technical standpoint, Chainlink price chart shows a well-defined base and clear upside targets. According to recent analysis, LINK has established critical support around $22.00.
This level has held through recent pullbacks, making it the pivot for bulls. On the upside, the next resistance zone is in the $26–30 range.
In fact, one technical note observes that LINK price is approaching a “major resistance area” between $28 and $32, and warns that only a “firm close above this band” would unleash the next leg up.
A concrete break above $30 would remove the last big ceiling. Phemex research highlights that surmounting $30 could “open the floodgates” toward $40–60 in the near term, meaning a move through $45 becomes plausible once that level is cleared.
Chainlink Chart indicators currently support this setup. As of early September, LINK’s RSI is hovering above 50, suggesting upward momentum without being overbought.
The MACD indicator has crossed positive as well. Volume remains robust: daily trading is around $1.5–1.7 billion, implying strong investor interest.
LINK’s two-week price chart shows higher lows forming an ascending structure; analysts note the multi-year bullish trend is intact.
Taken together, the charts and data points argue that LINK is on the cusp of a breakout. If LINK can decisively clear the $26–30 zone, many technicians see the logical next target in the mid‑$40s.