- Chainlink price retests $9.50 as bears watch sentiment under control.
- Bridgetower has adopted Chainlink solutions to tokenize $11 billion worth of securities.
- LINK price is facing short-term resistance between $9.50 and $10.50.
Chainlink’s LINK token is trading at $9.31 after giving back gains from intraday highs of $9.50 earlier in the day.
The altcoin continues to move below the $10 mark amid broader market dynamics.
Macro and geopolitical headwinds remain prominent factors keeping bears in control, but could Bridgetower’s adoption of Chainlink to tokenize over $11 billion worth of securities provide new momentum for LINK?
Here is a brief overview of Chainlink’s price following this latest breakthrough in institutional asset tokenization.
Chainlink integration into Bridgetower
According to the announcement, Bridgetower is set to leverage Chainlink’s institutional platform to tokenize assets across natural resources, energy and minerals.
The move will initially bring the DOM
NOW: Bridgetower adopts Chainlink to tokenize over $11 billion in securities from the DOM X Arizona Copper-Gold project.
By integrating the full Chainlink stack into its tokenization platform, BridgeTower opens up the issuance and distribution of tokenized securities at scale. pic.twitter.com/wnuctQ3IP
– Chainlink (@chainlink) April 23, 2026
Bridgetower will enable the issuance and management of token assets via Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Proof of Reserve and NAVLink solutions.
The integration includes protocol-level KYC, KYB and AML controls within Bridgetower’s tokenization platform, powered by fiat and stablecoin bars from Iron, a MoonPay company.
“We are thrilled to see Bridgetower go from an early adopter of CRE to deploying institutional tokenized assets around $11 billion worth of assets in just a few months,” said Johan Eid, Chief Business Officer at Chainlink Labs. “All the major financial institutions in the world are watching tokenization right now, looking for production proofs for operating assets at an institutional scale.”
This development reinforces Chainlink’s momentum in the crypto sector.
Recent months have seen major financial institutions and governments leverage the Oracle Network to tokenize assets in the real world. Chainlink has helped secure more than $100 billion in total assets, and analysts say this traction may be reflected in LINK’s price in the long term.
Chainlink Price – Short-Term Technical Outlook
With LINK trading around $9.30, major support lies in the $8.70-$9.00 range, while immediate resistance is between $9.50 and $10.50.
If buyers rise, a potential recovery towards $14-15 could follow. However, a breakout in high volume could send prices falling towards the support at $7.80.
Technical indicators support these mixed expectations. The Relative Strength Index on the daily chart is around 48, which puts it in the neutral territory and indicates there is room for gains.
However, the MACD is showing decreasing momentum with a flat histogram, indicating a potential inflection point.
A broader upside breakout in cryptocurrencies — especially if Bitcoin moves above $80,000 — would be supportive for LINK. Conversely, geopolitical uncertainty or escalation that dampens risk appetite could lead to selling pressure across major altcoins, including Chainlink.
