“Chainlink Will Provide Oracle, Cross-Chain and Data Services to the Plasma Network to Support Stablecoin Use Cases.”, – WRITE: www.coindesk.com
Plasma (XPL) SAID ON FRIDAY IT HAS JOINED CHAINLINK Scale, Adopting Chainlink’s Oracle Services for Its Stablecoin Payments-Focused Blockchain. The Network Has Integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Data Streams and Data Feeds Services, Supporting Developers to BuildCoin Use Use Casi Cas.
“By Adopting The CHAINLINK STANDARD AND JOINING The CAINLINK Scale Program, Plasma Is Demonstration How New Layer-1 Networks Can Launch Eid, Chief Business Officer at Chainlink Labs, The Development Organization Behind Chainlink.
The News Follows Swiss Bank UBS Starting A Pilot with Chainlink Earlier this Week, Integrating the Ccip Protocol with Swift’s Messaging System for Tokenized Funda Operations.
Meanwhile, The Chainlink Reserve, A Facility That Purchases Tokens On The Open Market USING INCOME FROM PROTOCOL INTECOL INTEGRATIONS AND SERVICES, BOUGHT Another 46.44 Tokens, Worth $ 9.5 Million.
Technical Indicators Signal Bullish Momentum Is Returning for Link, Establishing A Clear Higher Low But But Facing Resistance at the $ 23 Level, Coindesk Data’s Research Model Sugggested.
- Link Changed Hands Within A $ 0.96 Range Between $ 22.13 and $ 23.09, Representing A 4.27% Fluctation Durying The 24-HOUROD PERIOD.
- Establized Critical Support at $ 22.13 with Substantial Buying Interest at An Elegated Volume of 1.409.489 Units, Above the Daily AVERAGE OF 1,178.000.
- The Token Carved Out A Clear Higher Low Pattern, Suggesting Renewed Upward Momentum Towards the $ 23.10 Resistance Zone.
Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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The Native Token of the Largest Defi Lending Protocol is Showing Strong Momentum Despite Short-Term Profit Taking Above $ 290.
- Top Defi Lender Aave (Aave) Rebounded Strongly on Friday Afternoon, Breaking Key Resistance Levels and Gaining 6% This Week.
- The Broader Defi Market Hit A Record $ 219 Billion in Assets, with Aave’s Deposits Climbing to $ 74 Billion.
- Technical Indicators Suggest Upside Potential, Thought Resistance Remains Firm Between $ 290- $ 294.
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