Chainlink partnerships Investors are still fixated on Ripple (XRP) and its attempts to change the financial services sector, so the Chainlink (LINK) price remains inactive. LINK trades around 51% below its all-time high from November right now, which begs several questions about whether it is underpriced. Underneath the surface lurks a huge catalyst that may be worth more than $150 trillion and might revive Chainlink’s upward momentum.
Chainlink x SWIFT Partnership
Chainlink’s continuous collaboration with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is among the most critical but underrated forces behind its long-term usefulness. Their partnership started in 2016 when Chainlink won SWIFT’s Innotribe Challenge, therefore signifying the beginning of a relationship still intact today.
This cooperation led to the creation of the Cross-Chain Interoperability Protocol (CCIP), a revolutionary protocol that enables blockchains such as Ethereum, Base, and Arbitrum to communicate effortlessly. A crucial component of Web3’s development, CCIP might become the norm for cross-chain communication.
SWIFT Taps Chainlink for Blockchain Transfers
SWIFT is studying how Chainlink’s infrastructure may transmit tokenised currency and securities between blockchain networks. The idea is to close the distance between distributed technology and conventional fiat systems. A significant turning point came in 2024 when SWIFT and UBS Asset Management finished a pilot for tokenised fund settlement—a development with the capacity to upend the $63 trillion mutual fund sector. This is simply one aspect of the image, though.
The bigger chance resides in SWIFT’s predominant influence in worldwide money transfers, which total around $150 trillion annually. Especially as Ripple Labs advances with its RippleNet technology, Chainlink partnerships are becoming key participants in modernising legacy financial rails.
SWIFT connects practically every nation and 11,500 financial institutions, giving it a strategic advantage over Ripple’s ambitions. After testing, CCIP can be deploye throughout this massive network, giving Chainlink a critical distribution point overnight.
Chainlink’s Key Partnerships
Chainlink does not depend solely on SWIFT. It also has agreements with financial heavyweights like the Depository Trust & Clearing Corporation (DTCC), which yearly clears around $2 quadrillion in securities. Other esteemed partners are ANZ Bank, Emirates NBD, and UBS. These partnerships confirm Chainlink’s technology and position the protocol at the core of blockchain integration in conventional banking.
LINK Eyes 110% Breakout
Technically, the weekly chart shows a really unique arrangement. Link recently got support at $10.20, which is the bottom limit of a rising expanding wedge, also called a megaphone pattern. Historically, this development usually comes before robust positive breakouts.
Should momentum gather, LINK might ascend to its next significant resistance level, around $30.90, the high from December 9. From its present pricing, this would show an upside potential of around 110%.
