Chainlink Surges 57% on SWIFT Provider Bottomline Deal
Chainlink (LINK)
Editor:
Eugene Serbin
cvj.ai reports that Chainlink’s LINK token climbed 6.8% in 24 hours to $13.64, marking an 11-month high and a 57% gain over the past month. This surge outpaced all other top-10 cryptocurrencies as the token benefited from a partnership with Bottomline, a major SWIFT services provider. Bottomline processes over $16 trillion in payments annually and serves more than 600 banks, aiming to connect its network to blockchain settlement.
The deal utilizes Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Chainlink Runtime Environment (CRE) to handle tokenized asset settlements. Banks can continue using ISO 20022 messaging standards while leveraging these tools to move value across more than 60 blockchains. This follows earlier experiments by SWIFT with Chainlink involving institutions like Citi and BNY Mellon.
Standard Chartered recently cited Chainlink’s $110 billion in secured value when setting a $200 price target for LINK by 2030. Additionally, Charles Schwab announced plans to add Solana, Avalanche, and Chainlink to its retail crypto trading offerings. Open interest on LINK contracts reached an 11-month high of $784 million, reflecting heightened trader engagement.
How the market reacted
Whalio's own Binance spot order flow for LINK, measured when this story was written up on 7 September 2026. Not the outlet's figures.
Whalio spot data shows LINK trading at $13.23 with a 24-hour buy ratio of 56.3%, indicating that buyers controlled the majority of volume over the day. In contrast, the 1-hour buy ratio was 41.2% and the 4-hour ratio was 45.0%, suggesting that recent buying pressure has weakened compared to the daily average. The 24-hour volume delta was positive at $6,641,770, meaning cumulative buying exceeded selling over the full day. However, the 1-hour and 4-hour volume deltas were negative, at -$285,730 and -$707,382 respectively, showing that selling pressure has increased in the immediate short term. The Cumulative Volume Delta (CVD) for the 24-hour close was +$1,161,012, confirming that net buying dominated the session despite the recent shift.
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.
Over the preceding week, LINK saw a 7-day average buy ratio of 49.1%, while the latest day recorded a ratio 7.1 percentage points higher, indicating a notable shift toward buying. Spot volume for the day was 1.85 times the weekly average, highlighting significantly elevated trading activity. The 8-day price change was +18.7%, with a total volume delta of +$4,100,774 over that period. This day represents an unusual spike in both volume and buy ratio compared to the weekly norms. The current 24-hour buy ratio of 56.3% remains well above the 7-day average of 49.1%, sustaining the momentum seen over the past week.