Chainlink LINK Jumps 4% as Data Feeds Expand to U.S. Equities and ETFs

Chainlink's native token LINK surged 4% on Monday, recovering from last week's market downturn and reaching $17 during the session—a 10% rebound from weekend lows. The rally coincided with Chainlink's rollout of real-time market data feeds for U.S. equities and ETFs, bridging traditional finance with on-chain markets.

The new Data Streams service delivers high-frequency pricing for assets like SPY, QQQ, and major tech stocks across 37 blockchains. Solana's Kamino and GMX are among the first DeFi platforms to adopt the infrastructure. "This closes a critical gap between TradFi and blockchain," said chainlink Labs' Johann Eid.

Technicals show strong momentum, with LINK climbing from $16.16 to $16.87 in 24 hours—a 4.39% gain. The uptrend reflects growing institutional interest in tokenized assets, from synthetic ETFs to perpetual futures.