TLDR
- LINK price rose about 5% to trade near $11.68–$11.84 over the past 24 hours.
- Chainlink partnered with fintech firm Bottomline to offer cross-chain and cross-border payments to over 600 banking clients.
- Chainlink Data Feeds went live on Tempo, a stablecoin payments blockchain backed by Stripe and Paradigm.
- LINK trades above its 20, 50, 100 and 200-day EMAs, with resistance near $12.
- Open interest fell from over $700 million to about $600 million even as the price held above $11.
Chainlink’s LINK token climbed about 5% over the past day, trading between $11.68 and $11.84 depending on the exchange checked. The coin touched an intraday high near $12 after dipping as low as $11.13.
The move came alongside two separate announcements. Chainlink partnered with payments technology firm Bottomline, and its Data Feeds went live on the Tempo blockchain.
Bottomline’s network processes more than $16 trillion in payments each year for over 600 banking clients. Chainlink will act as an interoperability layer, connecting Bottomline’s existing systems to public and private blockchains.
Banks using the network can keep their current ISO 20022 messaging standard. This lets them access blockchain-based payment rails without changing their existing setup.
Chainlink confirmed its Cross-Chain Interoperability Protocol and Runtime Environment will coordinate the payment workflows between banks and blockchain networks.
Chainlink Expands Across Financial Networks
Separately, Chainlink Data Feeds launched on Tempo on September 3. Tempo is a layer-1 blockchain built for stablecoin payments, incubated by Stripe and crypto investment firm Paradigm before its March 2026 mainnet launch.
The feeds give Tempo applications access to market prices without building their own oracle systems. Developers can use the data for collateral valuation, exchange-rate checks, treasury management and risk controls.
Independent Chainlink node operators gather data from multiple sources before publishing it onchain. Tempo handles execution and settlement, while each application decides how to use the incoming price data.
This follows other recent Chainlink integrations. Wyoming adopted Chainlink’s Proof of Reserve system to publish backing data for its state-issued FRNT stablecoin.
Price and Trading Activity
On the price side, LINK trades above all four major moving averages. The 20-day EMA sits at $10.878, the 50-day at $9.876, the 100-day at $9.375 and the 200-day at $9.814.
Short-term resistance sits near $12, a level where LINK has faced selling pressure before. The nearest support is the 20-day EMA around $10.878.
Open interest data from CoinGlass shows a different pattern. Open interest rose above $700 million during the August rally, then fell to about $600 million in early September even as LINK held above $11.
Trading volume tells a similar story. Volume exceeded $1 billion during the August breakout before dropping off in the weeks since.
No confirmed link ties LINK’s price move to either the Tempo or Bottomline news specifically. The gain occurred during a broader crypto market advance, making it hard to attribute the rise to a single event.
As of the most recent check, LINK traded near $11.68 to $11.84, with $12 as the key resistance level to watch next.
The post Chainlink (LINK) Price: LINK Rises 5% After Bottomline Bank Partnership appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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