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Chainlink drops 6.5% after Swift blockchain pilot news, remains 32% up over 14 days

Market News
30 Sep 2026
CryptoTicker
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Neutral
Chainlink drops 6.5% after Swift blockchain pilot news, remains 32% up over 14 days

Chainlink's LINK token fell 6.5% to $14.14 on September 30, 2026, following a peak of $15.44 triggered by news that financial institutions can connect to Swift's blockchain ledger via Chainlink. This pullback is seen as profit-taking after a nearly 40% rally over 12 days, not a negative development. The Swift pilot involves 17 institutions testing tokenized deposits, with no immediate revenue impact but promising future demand. Key price levels to watch are $14.02 and $13.21 for support, and $15.10 and $15.44 for resistance. Investors should consider trading venue regulation, tax holding periods, and staking lock-up times when managing LINK positions.

Chainlink's LINK token trades at Rp256.391 on Pluang as of Oct 01, 2026 01:41 WIB, down 2.60% in the last day. The market cap stands at Rp191,95T with a 24-hour volume of Rp11,1T. Pluang users show a balanced sentiment with 43% selling and 57% buying, holding LINK for an average of 63 days.

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