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Chainlink integrates gold-backed token and compliance tools, LINK tests key support with potential upside.

Protocol Fundamentals
28 Oct 2026, 00:58 WIB
Blockonomi
View Source
Bullish
Chainlink integrates gold-backed token and compliance tools, LINK tests key support with potential upside.

Chainlink is integrating the Hong Kong Gold Exchange's gold-backed XGZ token with its cross-chain interoperability protocol (CCIP), enabling secure transfers across blockchains. Additionally, Further Asset Management in Abu Dhabi has adopted Chainlink's Automated Compliance Engine to enforce rules on tokenized assets. These moves expand Chainlink's role in real-world asset infrastructure, connecting traditional markets with blockchain technology. Meanwhile, LINK price is testing $9-$11 support, with analysts watching for a daily close above the 200-day EMA to confirm a potential double bottom and targets between $15 and $20 if buying momentum returns.

Chainlink's LINK is trading at Rp208.892 on Pluang as of Oct 28, 2026 05:03 WIB, showing a modest 1.74% gain over the past day. This price sits well within its typical trading range, supported by a market cap of Rp156.4 trillion and a 24-hour volume of Rp4.23 trillion. Despite the article's focus on technical levels in USD, LINK's order activity on Pluang is nearly balanced between sellers (51%) and buyers (49%), reflecting cautious investor sentiment as the token tests key support zones.

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