Institutional Investors Gather as Chainlink's RWA Partnerships Drive Long-Term Investment

LINK, the native token of Chainlink, dropped 8% below the significant $17 support mark in late October, presenting a crucial challenge for the asset even after a record-breaking token repurchase since August. This price drop came after a week of notable on-chain movements, where major holders withdrew millions of LINK from exchanges, indicating their belief in the network’s future prospects. Experts remain split: some interpret the decline as a period of consolidation before a potential surge, while others caution that failing to hold support could lead to further losses.

Significant withdrawals from leading platforms such as Binance and Bitget have caught the eye of analysts. In the last nine days, 39 new wallets together removed 9.94 million LINK (worth $188 million) from Binance, with another 2.617 million LINK ($46.72 million) transferred from Bitget. These transactions, believed to involve institutional or strategic investors, point to a preference for long-term holding over short-term trading, according to a

. Glassnode’s data supports this, showing the Holder Accumulation Ratio at 98.9%, meaning almost all active holders are increasing their LINK positions.

Chainlink has recently expanded its use cases through collaborations with real-world asset (RWA) platforms such as Balcony, Streamex, and Pharos, enhancing its role in the tokenization of traditional assets. For example, Balcony utilizes Chainlink’s

technology to digitize $240 billion in real estate, establishing secure digital records for public sector applications, as stated in a . Likewise, Streamex has adopted Chainlink’s Proof of Reserve and Cross-Chain Interoperability Protocol (CCIP) to validate the reserves of its gold-backed stablecoin GLDY and enable transfers across blockchains, according to a . These partnerships highlight Chainlink’s growing influence in connecting traditional finance with blockchain technology, with more institutions leveraging its solutions for greater transparency and regulatory compliance, as noted in a .

Ondo Finance, another significant collaborator, has revealed a partnership with

to tokenize over 100 stocks and ETFs, utilizing Chainlink’s price oracles and CCIP for interoperability across blockchains, as reported by . This alliance seeks to bring traditional financial institutions onto blockchain networks, with Ondo’s tokenized assets now present on 10 blockchains and a total value locked of $320 million, according to a . Sergey Nazarov, Chainlink’s co-founder, highlighted the partnership’s potential to transform capital markets by enabling programmable and modular financial products, as mentioned by FXStreet.

Despite these advances, technical signals remain mixed. LINK is currently trading near its 20-day simple moving average (SMA), with a breakout above $21.45 potentially paving the way toward the $22–$24 range. Conversely, a fall below $17 could prompt a retest of the $15.30 level, according to Yahoo Finance. The Relative Strength Index (RSI) is neutral but trending higher, indicating increasing buying momentum. Analysts such as Don on X have pointed out a bullish flag pattern since August, suggesting LINK could reach $35 in 2025.

The largest token repurchase since August, led by the Chainlink Reserve, adds further intrigue. By converting off-chain revenue from enterprise clients into LINK and holding it in a strategic reserve, the network aims to manage token supply and stimulate demand. This approach fits within the broader movement toward RWA tokenization, where institutional interest is fueling demand for Chainlink’s data and interoperability offerings, as detailed in a

.