Chainlink LINK Rises 14.5% Following CCIP 2.0 Launch
Chainlink (LINK)
Editor:
Eugene Serbin
cryptotimes.io reports that Chainlink (LINK) gained 14.5% over seven days, trading near $15 on September 29. The token reached an intraday high of $15.42 after dipping to $12.13 on September 24, pushing market capitalization to $11.06 billion. Trading volume hit $1.23 billion, while futures volume surged 53.64% to $1.75 billion.
Open interest in futures contracts also rose 5.96% to $860.74 million. This momentum followed the launch of CCIP 2.0 at Sibos 2026, which enhances cross-chain communication for institutions. The upgrade allows entities to add transaction checkers, control transfer speeds, and include compliance checks.
Chainlink also announced a solution to connect financial institutions to Swift’s blockchain ledger. Additionally, the protocol powers the Depository Trust & Clearing Corporation’s Collateral AppChain for 24-hour collateral management. Community advocate Zach Rynes stated, “Chainlink is powering @The_DTCC’s Collateral AppChain, bringing 24/7 collateral management to the backbone of global post-trade infrastructure.” LINK ETFs recorded $2.41 million in inflows on Monday, marking three weeks of positive flows. Traders are now watching the $18 resistance level, with a break potentially pushing price toward $20.
How the market reacted
Whalio's own Binance spot order flow for LINK, measured when this story was written up on 29 September 2026. Not the outlet's figures.
Whalio data shows LINK trading at $15.45 with a 1-hour buy ratio of 45.8% and a 4-hour buy ratio of 44.8%. These short-term ratios are lower than the 24-hour buy ratio of 49.9%, indicating that buying pressure is fading relative to the full day's activity. The 1-hour volume delta is -$205,062 and the 4-hour delta is -$1,368,924, showing that selling volume has exceeded buying volume in recent hours. Over the last 24 hours, the cumulative volume delta closed at -$5,411,537, confirming net outflows from spot trading. Net buying occurred in only 7 of the last 24 hours, with spot volume reaching $126,167,500 across 1,178,381 trades.
The latest daily buy ratio of 49.4% sits at the 56th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for LINK, averaged over the days leading up to the story.
Compared to the preceding week, the current 24-hour buy ratio of 49.9% is 2.3 percentage points lower than the 7-day average of 52.1%. Volume over the last 24 hours was 2.45 times the weekly average, indicating significantly higher activity than usual. Net buying was recorded on 4 of the last 7 days, with a total volume delta of +$20,651,359 for the period. The price increased by 17.2% over the eight-day window, driven by this elevated volume and institutional interest.