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🔵 Chainlink Surges to 7-Month High on Wallet Growth: Is $30 Be Just the Beginning? Chainlink ($LINK) has surged nearly 15% in the past week, breaking through a long-standing resistance zone between $25 and $26. At the time of writing, LINK trades around $24.2, marking its highest level in seven months. The move came with strong trading volume, confirming a bullish breakout above the 200-day moving average. Whale accumulation has played a pivotal role in fueling the rally. On-chain data reveals that large holders scooped up 1.1 million LINK, valued at approximately $27 million, mover the past seven days. The top 100 wallets also increased their holdings by more than 12%, signaling renewed confidence from institutional and high-net-worth investors. 🔸 LINK Wallet Growth Hits 2025 Highs Beyond whale activity, organic network growth has also surged. Analytics firm Santiment reported that nearly 9,600 new LINK wallets were created in mid-August, while daily transfers from active addresses exceeded 9,800, both setting records for 2025. Wallet creation and transaction spikes are widely viewed as indicators of healthy adoption. For Chainlink, these metrics suggest that both retail and institutional demand are rising in tandem, potentially supporting more sustainable price growth. The renewed activity also coincides with the launch of the Chainlink Reserve, a smart contract treasury absorbing tokens from enterprise integrations, which adds deflationary pressure on circulating supply. 🔸 RWA Growth and $30 Target #Chainlink in Focus Chainlink (LINK)’s expanding footprint in the real-world asset (RWA) sector is further driving optimism. The project recently introduced new ETF and equities data feeds, strengthening its narrative as a bridge between traditional finance and blockchain. Partnerships with giants like Intercontinental Exchange and SWIFT continue to reinforce its institutional relevance. Analysts now see $29–$30 as the next major resistance zone. A retest of $20 remains possible if sentiment weakens.

Asia Pacific Crypto Morning Briefing 🌏 🔹 Shenzhen Longgang Data & Hong Kong Web3.0 Association partner for RWA platform 🔹 India reviews crypto taxes as industry faces exodus 🔹 Asian crypto firms eye US IPOs; stablecoin adoption surges Full rundown 👇🏻

DeFi and RWA "Identity Crisis": Donning the L1 Outer Layer, Can It Bring a Tech Premium?

RT @YAPGlobalTeam: Solana’s RWA ecosystem expanded 23.9% QoQ to $390.6M, led by Ondo Finance’s USDY and OUSG — signaling growing institutio…