Overview
- Saudi Awwal Bank, which manages over $100 billion in assets, confirmed an innovation agreement to test secure interoperability using Chainlink’s CCIP and CRE.
- Developers at the bank will use these tools to build tokenised applications that connect Saudi markets to global blockchain networks within a regulated framework.
- Chainlink disclosed it joined AethirCloud’s AI Unbundled Alliance to provide its CRE platform for AI‑powered decentralised applications.
- On‑chain data show LINK holdings on centralized exchanges have declined to about 158.1 million tokens, reaching multi‑year lows that suggest tighter available supply.
- LINK is trading near $23 with notable resistance around $25, while some analysts project a potential move toward the $52 all‑time high if demand accelerates.