The post Chainlink Eyes $15 as Coinbase Chooses LINK for $7B Crypto Bridge ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp According The post Chainlink Eyes $15 as Coinbase Chooses LINK for $7B Crypto Bridge ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp According

Chainlink Eyes $15 as Coinbase Chooses LINK for $7B Crypto Bridge ⋆ ZyCrypto

Advertisement

According to market analyst HolderStat, Chainlink (LINK) is showing early signs of renewed strength as price stabilizes in the $13.6–$13.7 range and begins rebuilding a bullish structure. 

Source: HolderStat

After weeks of consolidation and broader market volatility, this stability signals easing selling pressure and a gradual return of buyer control.

The $13.6–$13.7 range has become a short-term equilibrium, with buying and selling pressure balanced. Instead of sharp rejections or impulsive downside moves, LINK is printing higher lows on lower timeframes, a classic signal of strengthening structure and potential trend continuation.

According to HolderStat, this price action points to steady accumulation, with traders positioning ahead of a possible upside breakout.

If this structure continues to strengthen, HolderStat identifies the $14.8–$15 zone as the next key resistance. This area previously served as a strong supply region where sellers dominated, making it a decisive level for validating a sustained bullish trend.

Advertisement

 

Therefore, a clean breakout and hold above $15 would invalidate recent bearish narratives and potentially trigger a broader upside expansion.

Coinbase has taken a decisive step toward scalable, secure cross-chain finance by selecting Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridge for its Coinbase Wrapped Assets.

This strategic move is set to accelerate growth across Coinbase’s wrapped token ecosystem, enabling seamless cross-chain transfers while upholding institutional-grade security and reliability.

Coinbase Wrapped Assets, including cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, now represent roughly $7 billion in combined market capitalization, giving users compliant, Coinbase-backed access to major cryptocurrencies across multiple blockchain ecosystems. 

With the integration of Chainlink CCIP, Coinbase is accelerating cross-chain utility, positioning these assets for scalable adoption across DeFi, gaming, payments, and next-generation on-chain applications.

Meanwhile, with Federal Register approval to trade on NYSE Arca, the first U.S.-listed Chainlink ETF represents a significant milestone in institutionalizing access to Chainlink’s oracle technology through a fully regulated investment vehicle.

Set to launch soon, the ETF follows Grayscale’s approval to convert its Chainlink Trust into a tradable product on NYSE Arca, expanding institutional and mainstream investor exposure to Chainlink within traditional capital markets.

Source: https://zycrypto.com/chainlink-eyes-15-as-coinbase-chooses-link-for-7b-crypto-bridge/

Market Opportunity
Chainlink Logo
Chainlink Price(LINK)
$8.87
$8.87$8.87
+0.45%
USD
Chainlink (LINK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

The post Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Forward Industries, the largest publicly traded Solana treasury company, has filed a $4 billion at-the-market (ATM) equity offering program with the U.S. SEC  to raise more capital for additional SOL accumulation. Forward Strategies Doubles Down On Solana Strategy In a Wednesday press release, Forward Industries revealed that the 4 billion ATM equity offering program will allow the company to issue and sell common stock via Cantor Fitzgerald under a sales agreement dated Sept. 16, 2025. Forward said proceeds will go toward “general corporate purposes,” including the pursuit of its Solana balance sheet and purchases of income-generating assets. The sales of the shares are covered by an automatic shelf registration statement filed with the US Securities and Exchange Commission that is already effective – meaning the shares will be tradable once they’re sold. An automatic shelf registration allows certain publicly listed companies to raise capital with flexibility swiftly.  Kyle Samani, Forward’s chairman, astutely described the ATM offering as “a flexible and efficient mechanism” to raise and deploy capital for the company’s Solana strategy and bolster its balance sheet.  Advertisement &nbsp Though the maximum amount is listed as $4 billion, the firm indicated that sales may or may not occur depending on existing market conditions. “The ATM Program enhances our ability to continue scaling that position, strengthen our balance sheet, and pursue growth initiatives in alignment with our long-term vision,” Samani said. Forward Industries kicked off its Solana treasury strategy on Sept. 8. The Wednesday S-3 form follows Forward’s $1.65 billion private investment in public equity that closed last week, led by crypto heavyweights like Galaxy Digital, Jump Crypto, and Multicoin Capital. The company started deploying that capital this week, announcing it snatched up 6.8 million SOL for approximately $1.58 billion at an average price of $232…
Share
BitcoinEthereumNews2025/09/18 03:42
Market Records Largest Long-Term Bitcoin Supply Release In History, Here’s What It Means For BTC

Market Records Largest Long-Term Bitcoin Supply Release In History, Here’s What It Means For BTC

Bitcoin has recorded what analysts describe as the largest long-term supply release in its history, coinciding with a sharp rise in leverage across derivatives
Share
Coinstats2026/02/08 07:06
Bitcoin Cash’s rally faces KEY test – Can BCH hold above $500?

Bitcoin Cash’s rally faces KEY test – Can BCH hold above $500?

On-chain activity points to improving conditions that could support further gains in Bitcoin Cash, though the outlook remains mixed.
Share
Coinstats2026/02/08 07:00