{"id":51023,"date":"2025-10-03T20:01:49","date_gmt":"2025-10-03T20:01:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51023"},"modified":"2025-10-03T20:01:49","modified_gmt":"2025-10-03T20:01:49","slug":"link-shifts-momentum-as-stablecoin-chain-plasma-integrates-chainlink-services","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51023","title":{"rendered":"LINK Shifts Momentum as Stablecoin Chain Plasma Integrates Chainlink Services"},"content":{"rendered":"<div>\n<p>The native token of oracle network Chainlink (LINK) pulled back slightly on Friday, establishing a higher low, posting a 6.7% gain this week. The price action has been supported by a string of news headlines about institutions and protocols tapping Chainlink&#8217;s services.<\/p>\n<p>Plasma (XPL) <a href=\"https:\/\/www.prnewswire.com\/news-releases\/plasma-joins-chainlink-scale-and-integrates-chainlink-as-its-official-oracle-provider-to-increase-ecosystem-adoption-in-collaboration-with-aave-302574442.html\">said<\/a> on Friday it has joined Chainlink Scale, adopting Chainlink&#8217;s oracle services for its stablecoin payments-focused blockchain. The network has integrated Chainlink&#8217;s Cross-chain Interoperability Protocol (CCIP), Data Streams and Data Feeds services, supporting developers to build stablecoin use cases on Plasma.<\/p>\n<p>&#8220;By adopting the Chainlink standard and joining the Chainlink Scale program, Plasma is demonstrating how new layer-1 networks can launch with enterprise-grade stablecoin infrastructure from day one,&#8221; said Johann Eid, chief business officer at Chainlink Labs, the development organization behind Chainlink.<\/p>\n<p>The news follows Swiss bank UBS <a href=\"https:\/\/www.coindesk.com\/business\/2025\/09\/30\/chainlink-ubs-advance-usd100t-fund-industry-tokenization-via-swift-workflow\">starting<\/a> a pilot with Chainlink earlier this week, integrating the CCIP protocol with SWIFT&#8217;s messaging system for tokenized fund operations.<\/p>\n<p>Meanwhile, the <a href=\"https:\/\/metrics.chain.link\/reserve\">Chainlink Reserve<\/a>, a facility that purchases tokens on the open market using income from protocol integrations and services, bought another 46,441 LINK on Thursday, bringing total holdings over 417,000 tokens, worth $9.5 million.<\/p>\n<p>Technical indicators signal bullish momentum is returning for LINK, establishing a clear higher low but facing resistance at the $23 level, CoinDesk Data&#8217;s research model suggested.<\/p>\n<ul>\n<li>LINK changed hands within a $0.96 range between $22.13 and $23.09, representing a 4.27% fluctuation during the 24-hour period.<\/li>\n<li>Established critical support at $22.13 with substantial buying interest at an elevated volume of 1,409,489 units, above the daily average of 1,178,000.<\/li>\n<li>The token carved out a clear higher low pattern, suggesting renewed upward momentum towards the $23.10 resistance zone.<\/li>\n<\/ul>\n<p><strong><em>Disclaimer:<\/em><\/strong> <em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em> <em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em> <em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The native token of oracle network Chainlink (LINK) pulled back slightly on Friday, establishing a higher low, posting a 6.7% gain this week. The price action has been supported by a string of news headlines about institutions and protocols tapping Chainlink&#8217;s services. Plasma (XPL) said on Friday it has joined Chainlink Scale, adopting Chainlink&#8217;s oracle [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-51023","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51023"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51023\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}