The post Chainlink Price Holds $13.5 Floor Amid Growing Reserves and TradFi Adoption appeared on BitcoinEthereumNews.com. LINK, the native cryptocurrency of theThe post Chainlink Price Holds $13.5 Floor Amid Growing Reserves and TradFi Adoption appeared on BitcoinEthereumNews.com. LINK, the native cryptocurrency of the

Chainlink Price Holds $13.5 Floor Amid Growing Reserves and TradFi Adoption

LINK, the native cryptocurrency of the decentralized oracle network, Chainlink, reversed from the $14.24 resistance on Thursday. The bearish pullback aligns with broader market pullback as the U.S. jobless claims came lower-than-expected. However, the Chainlink price shows sustainability above the $13.5 as its reserve strategy accumulated more LINK tokens today amid key announcements on Swift’s partnership and CME group aim to launch futures contracts associated with this asset.

Key Highlights:

  • Chainlink price recovery seeks suitable support at the $13.5 before, heading for $15 breakout.
  • Regulated futures contracts tied to LINK are scheduled for launch in early February 2026.
  • A flattish trend in 20-and-50-day EMA slopes indicate a neutral sentiment in the short term trend.

On Thursday, January 15th, the Chainlink price plunged over 2.2% to reach $13.76 trading value. The downtick followed price pullback in Bitcoin as lower than expected U.S. jobless claims reduced odds of near-term Federal Reserve rate cuts.

Despite the intraday sell-off, the LINK price holds above $13.5 amid ongoing purchases tied to the projects from its reserve approach

In the most recent cycle, the reserve had an addition of 82,057.64 LINK tokens. This makes its cumulative position 1,586,266.80 LINK. The weighted average acquisition price is $16.71, which puts the current estimated worth of the holdings at close to $21.8 million at current market levels.

The reserve is filled with two main sources of funds: funds paid by large corporations to obtain access to Chainlink’s oracle services outside of the blockchain environment, and funds generated directly from using the oracle services on the blockchain.

On the partnership front, Swift – the key messaging network for global banks – has made an important advance testing interoperability. Working in conjunction with Chainlink and institutions such as UBS Asset Management, and through participants such as BNP Paribas, Intesa Sanpaolo and Societe Generale, the effort was a demonstration of coordinated handling of tokenized assets across disparate platforms. This step points to progress towards connecting traditional payment rails with blockchain payments.

In addition, the GME group plans to introduce futures contracts pegged to the value of LINK in both standard (5,000 LINK) and micro (250 LINK) sizes.The launch day is currently set at February 9, 2026, awaiting regulatory clearance. These instruments increase participation of hedgers and speculators to exchange liquidity in regulated venues.

The aforementioned developments could strengthen LINK’s market pressure and drive a higher recovery trend in price.

Over the past two months, the Chainlink price has traded in a sideways trend, resonating between two confined ranges of $11.75 and $14.74. The daily chart shows price swings on either side with lack of sustainability, indicating no initiation from buyers or sellers.

However, with the new year rally, the Chainlink price managed to reach $13.5 level, while reclaiming 20-and-50-day exponential moving averages. With today’s down, the coin price is likely resting these levels as potential support or stepping stones before continuing its recovery.

The post-breakout rally could push LINK 9.7% to challenge the overhead resistance of $15. A potential breakout from this resistance is key to accelerate the bullish momentum.

On the contrary, if the Chainlink price witnessed intact overhead supply at $15, the sellers could force another bear cycle within this range pattern.

Also Read: David Sacks Reaffirms White House Backing for CLARITY Act Bill

Source: https://www.cryptonewsz.com/chainlink-price-growing-reserves-and-tradfi/

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