Chainlink (LINK) Price News: Modest Bounce as Stellar Integration Expands RWA Reach

Chainlink's native token, LINK, bounced 3.6% on Friday, recovering some of Thursday's losses as traders supported the price near a key support level of $16.37, although it later traded slightly below $17. This price action coincided with significant news: Stellar announced the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Data Feeds, and Data Streams. This integration allows developers on Stellar to access trusted cross-chain infrastructure and real-time data for tokenized assets, signaling growing demand for secure financial infrastructure given Stellar's substantial quarterly Real-World Asset (RWA) volume. Technically, LINK needs to hold above $16.89 to target resistance levels at $17.46 and $18.00, with downside risk limited by the $16.37 support.

(Source：CoinDesk)