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Chainlink rises 5.7% as Infosys adopts its tech for banking software, but impact on LINK token unclear.

Market News
24 Sep 2026
CryptoTicker
View Source
Bullish
Chainlink rises 5.7% as Infosys adopts its tech for banking software, but impact on LINK token unclear.

Chainlink's price jumped 5.72% to $12.96 following Infosys' announcement that it will standardize the Chainlink stack in its banking and payments software. Infosys manages systems covering 1.7 billion customer accounts, but no specific banks or timelines were disclosed, leaving the direct impact on LINK token demand uncertain. The deal highlights Chainlink's strategy of partnering with banking software providers rather than banks themselves, which could eventually lead to broader adoption but requires further steps like bank approvals and regulatory clearances. Investors should consider regulatory frameworks, tax implications, and staking conditions before reacting to the news.

Chainlink's price on Pluang rose by 8.11% to Rp237.815 as of Sep 25, 2026 07:31 WIB, showing strong investor interest following the Infosys announcement. The token's market cap stands at Rp177,92 trillion with a 24-hour trading volume of Rp10,29 trillion, indicating active trading. Despite the positive price movement, Pluang order activity shows a cautious balance with 60% Sell and 40% Buy orders, and typical holding periods around 63 days.

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