Chainlink’s Price Eyes $ 10 as SIX Group Moves On-Chain

Chainlink’s LINK token is up by 3%, and the price of the token is hovering around the $9.3 mark. With this surge, the token is outperforming the broader crypto market gains, according to CoinMarketCap data.

This rally appears to be driven by the project bringing in huge stock market data on-chain. At press time, the price of the token stands at $9.33 with an uptick of 3.12% in the last 24-hours.

SIX Equities Data Goes On-Chain

Chainlink has integrated SIX Group, which runs Switzerland’s SIX Swiss Exchange and Spain’s BME Exchange, into its DataLink platform. With this integration, real-time data from €2 trillion in market cap will be shifted to smart contracts for the first time. Developers can now access this data in more than 2,600 apps across more than 75 blockchains.

This deal expands LINK’s reach into traditional finance (TradFi) and real-world assets (RWA) tokenization. It positions Chainlink as the go-to oracle for reliable, institutional-grade data that bridges off-chain assets to blockchain. As TradFi firms tokenize funds, equities, and vaults, they will need this market data to work just like DeFi does.

Sergey Nazarov on Institutional Data Boom

Chainlink co-founder Sergey Nazarov posted on X and stated that he is excited about SIX adopting Chainlink as its data standard for on-chain market data. He further pointed out that this fuels demand from TradFi for RWAs, which need reliable data like DeFi’s 70% Chainlink-powered market.

Excited about the continued rollout of top institutional data on-chain via Chainlink; @sixgroup, the exchange of Switzerland has adopted @chainlink as the data standard it is using to get critical market data on-chain: https://t.co/BnFB7EhAwE.

Chainlink is the global leader…

— Sergey Nazarov (@SergeyNazarov) April 16, 2026

Other top providers have also joined in, which include S&P, FTSE Russel, Tradeweb, Deutsche Börse, Intercontinental Exchange, and Coinbase. This data speeds up tokenized products and opens doors for DeFi, prediction markets, and more. With Chainlink’s CCIP and CRE< this supports more advanced on-chain finance.

Official Announcement Highlights

SIX and Chainlink announced that equities data from Swiss and Spanish exchanges is now on-chain via DataLink. This integration will unlock tokenized indices, structured products, compliant DeFi, prediction markets, and new trading tools.

Matthew Nurse, Head of Market Data at SIX, said, “Through this integration with Chainlink’s institutional-grade data publishing service, SIX delivers real-time, high-value market data while bringing flagship Swiss and Spanish blue-chip equities on-chain via Chainlink’s DataLink. This enables digital asset applications to access trusted market data through proven, secure infrastructure, fostering trust and innovation across global financial ecosystems.”

Fernando Vázquez, President, Capital Markets, Chainlink Labs, said, “Chainlink DataLink provides globally trusted data providers like SIX a secure, scalable path to commercialize high-quality market data on-chain while preserving the integrity, entitlements, and distribution controls required by regulated financial institutions. This is how the largest data providers and financial institutions in the world connect premium market data seamlessly to both public and private blockchains via Chainlink’s industry-standard infrastructure.”

Ethereum Foundation Audit Partnership

Moreover, Chainlink Labs joined the Ethereum Foundation’s new $1 million security audit subsidy program. Alongside partners like Nethermind and Areta. Here, LINK network will help select projects get subsidized audits to push ecosystem safety.

This strengthens LINK network’s role as a trusted player in Ethereum. It builds its reputation and influence, supporting long-term demand for its services even if it’s not direct revenue right now.

LINK Price Breaks Key Resistance

On April 15, Chainlink price showed a strong bullish signal as its price broke above the SMA ribbon, which is a group of four moving averages (20, 50, 100, 200). When these lines get tightly packed, it usually means a big move is coming, and in this case, the breakout happened upward. At the same time, the MACD indicator turned bullish by crossing above zero, which signals increasing buying momentum.

So basically, the short-term trend is looking positive. The next key level to watch is around $10, and if the price holds above this, it could move further up toward $11-$12. However, if the price drops, it may retest support around $8.87-$9. Overall, the indicators suggest growing strength in LINK, making $10 a realistic near-term target.

Also Read: Chainlink Price Signals Potential Rebound as Whales Accumulate