{"id":40406,"date":"2025-08-04T21:01:52","date_gmt":"2025-08-04T21:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40406"},"modified":"2025-08-04T21:01:52","modified_gmt":"2025-08-04T21:01:52","slug":"link-rebounds-4-as-chainlink-roll-outs-data-streams-for-u-s-equities-and-etfs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40406","title":{"rendered":"LINK Rebounds 4% as Chainlink Roll Outs Data Streams for U.S. Equities and ETFs"},"content":{"rendered":"
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The price of LINK (LINK), native token of oracle provider Chainlink, climbed 4% on Monday extending its rebound from late last week’s crypto carnage.<\/p>\n

The token hit $17 during the session, up nearly 10% from the weekend lows, CoinDesk data shows.<\/p>\n

The move occurred as Chainlink rolled out<\/a> market data feed for U.S. Equities and ETFs, aiming to connect traditional financial instrument with on-chain capital markets. Chainlink Data Streams now provide “real-time, high-throughput pricing” for assets such as SPY, QQQ, NVDA, AAPL, MSFT, and other instruments across 37 blockchain networks, according to a blog post. The feature enables use cases such as tokenized stock trading, perpetual futures and synthetic ETFs on blockchain rails.<\/p>\n

Solana-based DeFi protocol Kamino and decentraliized perpetuals trading venue GMX have already started using the service, according to the post.<\/p>\n

“This is a significant leap forward for tokenized markets \u2014 closing a critical gap between traditional finance and blockchain infrastructure,” Johann Eid, Chief Business Officer at Chainlink Labs, said in the post.<\/p>\n

\"Chainlink<\/p>\n

Technical Analysis Shows Strong Momentum<\/strong><\/h4>\n

LINK exhibited remarkable bullish performance throughout the 24-hour trading session, climbing from $16.16 to $16.87 and delivering a substantial 4.39% gain, according to CoinDesk Research’s technical analysis model.<\/p>\n

The persistent upward momentum, distinguished by progressively higher lows and consistently above-average volume during rally phases, indicates sustained bullish market sentiment with strong potential for additional gains targeting the $17.00 psychological threshold, the model said.<\/p>\n

Technical Indicators<\/strong><\/h5>\n