Chainlink price forecast amid Bridgetower’s $11B tokenization boost

• Chainlink price retested $9.50 as bears keep sentiment in check.
• Bridgetower has adopted Chainlink’s solutions to tokenize $11 billion in securities.
• LINK price faces short-term resistance around $9.50-$10.50.

Chainlink’s LINK token trades at $9.31 after shedding gains from intraday highs of $9.50 earlier in the day.

The altcoin continues to hover below the $10 mark amid broader market dynamics.

Macro and geopolitical headwinds remain notable factors keeping bears in control, but could Bridgetower’s adoption of Chainlink to tokenize over $11 billion in securities provide fresh momentum for LINK?

Here’s a brief outlook for Chainlink’s price following this latest milestone in institutional asset tokenization.

Bridgetower’s Chainlink integration

According to an announcement, Bridgetower is set to leverage Chainlink’s institutional platform to tokenize assets across natural resources, energy, and metals.

The move will initially bring the DOM X Arizona Copper-Gold Project, a US-based natural resource initiative valued at $11 billion, on-chain.

Bridgetower will enable the issuance and management of the tokenized asset via Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Proof of Reserve, and NAVLink solutions.

The integration embeds KYC, KYB, and AML controls at the protocol level within Bridgetower’s Tokenization Platform, supported by fiat and stablecoin rails from Iron, a MoonPay company.

“We’re excited to see Bridgetower move from a CRE early adopter to live institutional tokenized asset deployment around an $11 billion asset in just a few months. All the world’s largest financial institutions are watching tokenization right now, and they are looking for production evidence for powering assets at an institutional scale,” said Johann Eid, chief business officer of Chainlink Labs.

This development strengthens Chainlink’s momentum in the tokenization sector.

Recent months have seen major financial institutions and governments tap into the oracle network for real-world asset tokenization. Chainlink has helped secure over $100 billion in total assets, and analysts say this traction could reflect in LINK’s long-term price.

Chainlink price – short-term technical outlook

With LINK hovering around $9.30, key support lies in the $8.70–$9.00 range, while immediate resistance is between $9.50 and $10.50.

If buyers push higher, a potential rebound toward $14–$15 could follow. However, a breakdown on high volume could send prices lower toward support at $7.80.

Technical indicators support this mixed outlook. The RSI on the daily chart is around 48, placing it in neutral territory and suggesting room for gains.

However, the MACD shows waning momentum with a flat histogram, hinting at a possible inflection point.

A broader bullish breakout in cryptocurrencies—particularly if Bitcoin moves above $80,000—would be supportive for LINK. Conversely, geopolitical uncertainty or escalation that dampens risk appetite could trigger selling pressure across major altcoins, including Chainlink.

The post Chainlink price forecast amid Bridgetower’s $11B tokenization boost appeared first on CoinJournal.