$LINK-USD

Chainlink (LINK) and Stacks (STX) surged 47.03% and 104.47% respectively, driven by real-world utility. LINK is adopted by Wyoming for stable token verification, while STX sees institutional adoption. Bitcoin Hyper (HYPER) raises $33M, aiming to make Bitcoin more functional. Investors focus on crypto projects with tangible use cases.

Bottomline, processing $16T in payments annually, partners with Chainlink to bring 600 banks on-chain using ISO 20022 and CCIP. The collaboration aims to reduce cross-border payment delays and costs. Chainlink's Project Pangea already connects 50 banks managing $10T in assets. JPMorgan Chase and others have used CCIP for transactions.

Chainlink (LINK) rose 7.13% to $11.82 after partnerships with Bottomline and Wyoming, and broader market gains. It gained 45.78% in August. To rally, LINK must surpass $12.7 resistance. Failure could test $7.2 support.

Chainlink (LINK) rose 5.05% to $11.68 in 24 hours, driven by a partnership with Bottomline for cross-chain payments. Open interest reached $600M, and technical indicators suggest bullish momentum. Resistance is at $12, with support at $10.878.

The total crypto market cap rose 3.9% to $2.8 trillion as Bitcoin gained 5.6% to $80,958.93, triggering $140M in short liquidations. Altcoins outperformed, with Zcash up 17.7%, XRP +10%, Solana +6.3%, Cardano +12.7%, and Dogecoin +9.6%. Analysts attribute the rally to Bitcoin's breakout and altcoin market structure.

Wyoming adopted Chainlink's Proof of Reserve (PoR) for real-time verification of FRNT stablecoin reserves. The state's Stable Token Commission uses Chainlink to disclose reserve assets on-chain, backed by dollars and U.S. Treasury bills. The Network Firm provides independent verification. This exceeds federal GENIUS Act requirements and aims to enhance trust in FRNT.

The US Department of Commerce has been using Chainlink to publish economic data on public blockchains since 2025. The data, including GDP and PCE, is distributed via Chainlink Data Feeds on ten networks. Chainlink highlights potential uses in prediction markets and DeFi. LINK is trading at $11.22, down 2% in 24 hours but up 35% in 30 days.

Chainlink (LINK) price rose from $7.20 in July to $12.40 in August, supported by increased adoption and reduced exchange supply. The U.S. Department of Commerce integrated its data onto Chainlink's network, expanding use cases. Exchange supply fell from 132M to 112M tokens, while off-exchange supply grew. Technical indicators suggest a bullish outlook, with potential targets at $18 or support at $10.

Charles Schwab is expanding its crypto platform to include Solana, Avalanche, and Chainlink, alongside Bitcoin and Ethereum. The move, based on platform materials, indicates growing demand for altcoin exposure among regulated investors. Schwab's inclusion of these assets suggests they are seen as liquid and strategically relevant, potentially lowering barriers for traditional investors.

Crypto projects have spent $640M on token buybacks in 2026, up from $545M in 2025, to support prices amid market challenges. Hyperliquid and pump.fun lead buyback activity, with Hyperliquid allocating 99% of revenue to repurchase its HYPE token, which has risen 70% year-over-year. Other projects like Sky Protocol and Lido have also initiated buybacks, but price impacts vary. According to Allium Labs, buybacks aim to reduce supply and signal confidence, though their effectiveness is uncertain.