LINK Rises 3.6% Amid Recovery Momentum as Chainlink Extends RWA Capabilities Through Stellar

Chainlink’s LINK Rebounds as Stellar Taps CCIP, Data Feeds for Cross-Chain Integration

Chainlink’s native token LINK climbed 3.6% to $16.96 on Friday, rebounding from Thursday’s losses as dip buyers defended key support levels. The move followed a spike in activity, with more than 3 million tokens traded during a brief push above $17, signaling renewed accumulation, according to CoinDesk Research.

In parallel, Stellar (XLM) revealed plans to integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) along with its Data Feeds and Data Streams, allowing developers and institutions to build tokenized asset solutions with real-time data and reliable cross-chain connectivity.

The collaboration reflects growing institutional adoption of Chainlink’s infrastructure, as Stellar’s ecosystem already processes over $5.4 billion in quarterly RWA volume.

Technically, LINK holds solid support at $16.37 with upside targets at $17.46 and $18.00. Volume spikes suggest institutional positioning, while late-session weakness formed a potential accumulation setup. Sustained closes above $16.89 could confirm a retest of higher resistance zones.