The price of Chainlink is the fight with key support about $ 21, a level that has attracted great attention from merchants and institutions equally. Chainlink (link) dropped 2% to $ 22.30 as the sales pressure weighed in the Token. The measure occurs at a time when the activity of derivatives in the asset has jumped sharply, which increases both expectations of a rebound and the risk of additional losses.
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Institutional route up to 21x
The importance of the network was reinforced after the 21x launch, the first regulated tokenized securities platform in Europe. Approved under European rules, 21x connects financial institutions with blockchain infrastructure using Chainlink technology.
The Max Heinzle CEO described Chainlink as a vital backbone for tokenized markets, emphasizing that global institutions are aligning behind the tokenization projects. When building on a regulated platform, Chainlink wins credibility on the Traditional Finance Bridge with decentralized networks.
The first regulated tokenized value platform from Europe 21x:
“The work that Chainlink is doing … with the participation of the world’s largest financial institutions … could not be at the forefront.”
Discover how tokenization is remodeling capital markets and why … pic.twitter.com/3slmcNawsa
– Chainlink (@chainlink) September 5, 2025
This development has been seen as a step to establish Chainlink as a central platform for tokenized assets. His data data and interoperability characteristics make it a practical link between standard values and blockchain applications, which adds impulse to its institutional attraction.
SUPPORT AND RESISTANCE LEVELS IN FOCUS
Market observers say that Link is testing a large support of $ 22.10, with deeper support zones at $ 20.55 and $ 19. In the worst case, the currency could even visit $ 17 again. On the positive side, clean the average price weighted by the volume of $ 22.10 can open a return path to $ 24, and possibly $ 26, which marked the maximums reached in August.
At the time of writing this article, Link was quoted at $ 23.17, 0.3% and 1.9% in daily and weekly deadlines, according to Coingcko data.
The derivative market points to great speculation
According to Coinglass, Link’s volume increased 51% to more than $ 2 billion. The increase in the volume of futures is synchronized with an open interest, whose numbers also fired more than 2% to $ 1.5 billion. These increases show a strong increase in speculative bets at current levels. Merchants seem to be strict, indicating the anticipation of a decisive action on a setback.
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There are warnings that leverage levels are so high that they will encourage volatility. If the support is maintained, the Bulls could be in charge to lead the link to $ 26. But if it does not have the current levels, the deepest liquidations and losses could follow.
The next sessions will be crucial. Chainlink, seen as a Token and a critical piece of market infrastructure, now faces a battle around $ 22. The way the price reacts here could determine whether optimism around institutional adoption translates into a sustained recovery, or if merchants prepare for another correction.
Detachment of 21x.eu, TrainingView graphic
