Chainlink secures SWIFT partner and Wyoming stablecoin deal
Chainlink (LINK)
Editor:
Eugene Serbin
tradersunion.com reports that Chainlink (LINK) price touched $12 this week, rising 2.5% over seven days as institutional interest intensified. The protocol partnered with Bottomline, a SWIFT services provider, to allow over 600 banks and $16 trillion in annual payments to access blockchain settlement via LINK infrastructure. Wyoming selected Chainlink to provide real-time reserve transparency for its state-issued stablecoin FRNT.
Additionally, the US Commerce Department is collaborating with Chainlink to distribute official economic data onchain. These developments highlight a rising tide of institutional and government adoption of the technology. Technical indicators show aggressive upside momentum, with the MACD and ADX signaling strength.
The RSI sits at 67.05, approaching overbought territory but remaining below extreme levels. LINK holds support near $11.96, with the Ichimoku Kijun floor at $10.39. The expected trading range for the next week is $11.41 to $12.52.
A breakout above this range could mark a new bull leg, while a drop below $11.96 may lead to a pullback toward $11.41. The base case anticipates price stability above $11.96 if momentum persists.
How the market reacted
Whalio's own Binance spot order flow for LINK, measured when this story was written up on 4 September 2026. Not the outlet's figures.
LINK trades at $11.83, with the 24-hour buy ratio at 54.1% indicating sustained buying interest. However, the 1-hour buy ratio drops to 43.3%, suggesting short-term selling pressure has emerged after a 4-hour ratio of 53.8%. The 24-hour volume delta is positive at $2,843,381, showing that cumulative buying has outweighed selling over the day. In contrast, the 1-hour volume delta is negative at -$933,241, meaning recent trades have been predominantly sell-side. This divergence implies that while the daily trend remains bullish, immediate momentum is weakening. The CVD for the 24-hour close stands at +$1,809,812, confirming net accumulation over the full period.
The latest daily buy ratio of 48.8% sits at the 49th percentile of the last 281 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.
Over the preceding week, the average buy ratio was 48.6%, making today’s 24-hour ratio of 54.1% an unusually high level of buying activity. Trading volume today is 1.29 times the weekly average, reflecting significantly increased participation. Despite this surge in volume and buy ratio, the price changed -0.7% over eight days, and the total volume delta for the week was -$2,909,079. This indicates that while today is an active day with strong buy ratios, the broader weekly trend has seen net outflows. Only two of the seven days recorded net buying, contrasting with today’s positive delta.