Chainlink has released a new update on X platform in the past week, integrating 5 Chainlink services into 9 projects on 7 chains including Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, and Polygon. These projects are Archly, Arkham, Bullion Labs, Cobo, Hotpot, The Junkyard, StaFi Protocol, Thales, and Xena Finance.

Data released by Santiment shows that wallet addresses holding between 100,000 and 10 million LINK increased by 6% in the past month. Compared to September 18th, the number of addresses within this range increased by 6%. The trading price of Chainlink is hovering around $7.31 and has seen a greater increase in the past 12 hours compared to most other altcoins.

K33 Research on Wednesday, the tokenization of real-world assets (RWA) is emerging in the cryptocurrency field, and for investors seeking profits from speculation, Chainlink's native token (LINK) may be the "safest choice." Analysts recommend that investors wait for lower prices to buy and point out that the long-term support level around $5.70 can be a good buying opportunity. Data shows that LINK recently traded at $7.30, far below its historical high of $53, but has risen 32% this year.

Chainlink (LINK) traders have seen a surge in on-chain activity since September 18, 2023, coinciding with a significant price increase. The price surge began when reports of a major bank partnering with Chainlink for testing cross-chain interoperability of an Australian dollar stablecoin were released.

According to analytics firm Santiment, Chainlink and three other altcoins may experience further price surges due to bullish on-chain data readings. Santiment notes that Chainlink's decentralized oracle network has seen a rally due to increased unique address activity, with the highest level in two months recorded at 3,964 addresses. The firm also suggests that if market participants remain indifferent to Chainlink's performance, it may witness more rallies. Additionally, Santiment is keeping a close eye on Loom Network, Frontier, and ImmutableX, which have all outperformed the broader crypto markets due to increased adoption.

Crypto strategist Michaël van de Poppe has shared his predictions for XRP, Chainlink (LINK), and Worldcoin (WLD). Van de Poppe is waiting for XRP to show signs of strength and is looking for a breakout above $0.54, which could lead to a rally above $0.70. He believes that LINK is likely to continue its bullish trend and could soar as high as $8.59, with potential entry points at $6.15-6.40. As for WLD, Van de Poppe sees opportunities for short-lived rallies and suggests entry points at $1.35 or $1.11.

Chainlink (LINK), an Oracle service provider, has seen a 5.36% increase in the last 24 hours and is currently trading at $6.56 with a market cap of $3.6 billion. Over the past week, there has been a significant increase in on-chain activity for Chainlink. Four Chainlink wallets have transferred a total of 18.75 million LINK tokens, worth $119 million, across different platforms, with 15.7 million LINK tokens being moved to Binance.

According to The Data Nerd, Chainlink has transferred 10 million LINK tokens worth $62.4 million to Binance.

Chainlink (LINK) has been making significant gains as on-chain data shows that shark and whale addresses have accumulated $10 million worth of LINK in just three days. The shark tier of Chainlink holders, possessing 10,000 to 100,000 $LINK tokens each, has been actively accumulating, with the highest count since December 2022.

According to official sources, Balancer has integrated Chainlink price feed functionality on the Arbitrum mainnet, which will provide reliable price data for wstETH, rETH, and cbETH. The initial integration will support price sources for wstETH/ETH, rETH/ETH, and cbETH/ETH trading pairs, with more pairs to be supported in the future.

Web3 entertainment content platform CeluvPlay has integrated with Chainlink to obtain Chainlink's oracle services and technical support. CeluvPlay will provide 3% of its total local token supply to Chainlink service providers, including stakeholders. CeluvPlay aims to create a blockchain ecosystem using NFTs, user rewards, and decentralized governance.

On September 1st, DeFi yield protocol Pendle Finance announced integration with Chainlink price oracle on the Arbitrum and Optimism mainnets, providing accurate price data for ETH liquidity staking assets (such as rETH and stETH) to ensure accurate exchanges in its liquidity pools. Pendle Finance allows users to split yield-generating assets into initial capital and yield. Users can deposit ETH to mint two types of tokens: PT stETH (ETH capital) and YT stETH (stETH staking yield).

Bank information system Swift and the Web3 service platform Chainlink have successfully experimented with tokenized transfers across multiple private and public blockchains. In June, Chainlink and Swift announced that they would collaborate with dozens of financial institutions to test how to connect multiple blockchain networks. French bank BNP Paribas, New York Mellon Bank, Depository Trust & Clearing Corporation, and Lloyd's Banking Group worked with Swift on the experiment. Swift used Chainlink's Cross-Chain Interoperability Protocol (CCIP) to connect different blockchains. Chainlink's CCIP aims to help build cross-chain applications and services and was launched in July.

Chainlink announced that its Chainlink Staking v0.2 version is expected to be launched in the fourth quarter of this year, with an initial expansion pool size of 45 million LINK. The launch of the v0.2 beta upgrade will gradually expand access to a wider range of participants, starting with the priority migration period for existing v0.1 stakers, then entering the early experience phase, and then public access. <br>

According to official news from GMX, the GMX V2 integrated with Chainlink real-time feed has been launched on the Arbitrum Goerli testnet.

Scroll Foundation, based on zkEVM, announced a partnership with Chainlink Labs to provide Chainlink Web3 services for Scroll developers. Scroll has joined the Chainlink SCALE (sustainable Chainlink access enabled on layer 1 and layer 2) program to help promote adoption of its Ethereum-native zkEVM scaling solution.

On August 21st, "Chainlink restriction on disabling the crvUSD price oracle" proposal, initiated by Curve founder Michael Egorov, has started on-chain voting and will end on the early morning of August 27th.

Curve has released a proposal to disable the Chainlink price oracle restriction for crvUSD. The proposal states that currently all price oracles in crvUSD have a "security limit" of Chainlink +/- 1.5%. This means that if the Chainlink price deviates too much (1.5%) from the internal oracle price (EMA), it will use Chainlink as the source. It seems that when the market fluctuates greatly, the Chainlink price can cause unnecessary losses. If the volatility is high enough, price oracles limited by Chainlink may still deviate. Therefore, I suggest disabling the Chainlink restriction in all market price oracle contracts, except for the old frxeth market (which will soon be replaced by a new market). The specific method is to call all price oracle contracts from the controller owner (Ownership DAO) through set_use_chainlink(False).

There are 3 Chainlink services on 7 different blockchains with a total of 12 integrations: Arbitrum, Avalanche, Base, BNB Chain, Ethereum Foundation, Optimism, and Polygon. The new integrations include: Apeiron, Banshees, Base, BOXTradEx, Crypto-Guilds, Hellobot Universe Official, Lendvest, LS TRADE, PANZ.NEXTGEN, Pocket - Metaboards, Qi Dao, and DSLA.

According to Santiment, wealthy crypto investors are buying large amounts of Chainlink as the token's development activity increases. The market intelligence platform reports that crypto whales and sharks purchased $192.2 million worth of LINK in less than four weeks. During this time, Chainlink's development activity on GitHub also increased significantly, ranking it among the top five most developed assets in the last 30 days. <br>